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How Datahen Ensures Data Accuracy and Business Success

How Datahen Ensures Data Accuracy and Business Success

Data accuracy is all that matters when you deal with any database. At Datahen, we realize the importance of data accuracy for your business and set data accuracy as a priority. All businesses can greatly benefit from data in a number of ways, however, relying on inaccurate data would create more problems rather than solutions. According to a study by DiscoverOrg, sales and marketing departments lose approximately 550 hours and $32,000 per sales rep from using bad data. In 2013, a study showed that data quality costs over $14 million a year to a wide range of companies. In this article, we’ll reveal how data can transform your business, the importance of data accuracy, and how Datahen ensures to deliver only high-quality data. Let’s Define Data Accuracy To define data accuracy we need to first understand what are the definitions of data and accuracy. Data means information (e.g. facts or numbers) that was collected, examined and used to help in the decision-making process. Data also means information in an electronic form, which can be stored on a computer for further use. The term accuracy, in general, refers to the correctness and precision. So data accuracy is an important component of data quality. Without data accuracy, the data you’ve collected may be of no use. In all companies, data is collected from several disciplines. So businesses usually have a huge collection of complex data that must be maintained and grouped in a specific way. Data collection is useless if the collected data isn’t sorted and is left unorganized. It’s crucial that the company handles the big amount of data it...