British workers spend too much time verifying the accuracy and quality of data they use to make business decisions causing a major loss of productivity

Released on = October 18, 2006, 2:43 pm

Press Release Author = Grid-Tools Limited

Industry = Computers

Press Release Summary = Research shows that dirty data is a problem for most UK
business organisations and enterprises causing a major loss of worker productivity
and business productivity.

Press Release Body = Oxford, UK - Grid-Tools Limited, a leading vendor of test data
management and information lifecycle management software announces its solution to
the impact of dirty data on UK business productivity. It is estimated that 61 per
cent of British workers spend an average of 7 hours a week verifying the accuracy
and quality of data they use to make decisions. Grid-Tools software offers a
solution to a problem that causes major losses of productivity for UK businesses.

For more information, please visit: www.grid-tools.com or call 0871 309 8293.

Business intelligence relies on good quality data
Achieving the full benefits of business intelligence is dependent upon having good
quality data. Research has consistently shown that 'dirty data' is a problem in many
organisations. Recent research by Business Objects found that 62 per cent of British
respondents admitted that business decisions had been based on flawed data. In
addition, 61 per cent of British workers spend an average of 7 hours a week
verifying data quality and data accuracy, causing a major loss of productivity.

The growth of 'dirty data'
Poor quality data arises for many reasons, including errors and deficiencies in the
following: existence, consistency, integrity, validity, timeliness, accuracy,
completeness and relevance. The processes that lead to the creation of dirty data
are largely the result of errors made by staff that input data or are dealing with
it. Those people that generate the dirty data rarely see the impact of the problems.
Often errors arise during the receipt, input, duplication, categorisation,
interpretation and translation of data. Inaccurate data can waste time reconciling
discrepancies, and can result in poor decisions that upset businesses processes and
even customers.

Organisations must admit that they have a data problem
Large organisations may incur more costs due to poor-quality data than any benefits
they derive from implementing customer relationship management, enterprise resource
planning or Business Intelligence applications. Data must also be kept up to date,
to ensure data quality if an investment in Business Intelligence is to be realised,
but getting them to admit there is a 'dirty data' problem is the hardest challenge.
"It is difficult to get organisations to admit to having data problems," says Huw
Price, managing director of Grid-Tools, a database management company. "Most people
react to problems, rather than systematically implementing a data quality regime."
The Grid-Tools suite of products is designed to address these issues and helps
enterprises generate and maintain 'clean data' to enhance productivity.

About Grid-Tools Limited

Grid-Tools' software enables organisations with databases to achieve legal
compliance, to increase the productivity of its IT staff and to improve the
price/performance of its infrastructure. Grid-Tools' solutions apply to test data
management and information lifecycle management. The core product automates the
discovery and documentation of database structures: add-on modules generate,
anonymise or subset test databases, or archive production databases.

Founded in 2004, Grid-Tools Limited is a private company located in Oxford, United
Kingdom. Its development draws on the considerable expertise of its management and
development team, gained over an eleven year period. The team has a history of
providing products that match customer requirements and provide the fastest ROI in
the business.

NOTE: All trademarks and registered trademarks are the properties of their
respective owners.

Grid-Tools Contacts

Contact: Nick Jones (Sales Director)

Grid-Tools Limited
14 Hanborough Business Park
Long Hanborough
Oxfordshire, OX29 8LH

Phone Europe: +44 (0) 871 309 8293
Phone USA: 1-866-354-423
Web: www.grid-tools.com
Email: info@grid-tools.com


Press release optimisation for search engine visibility and distributed online by
Momentum Web Solutions (http://www.momentum-web-solutions.co.uk/).


Web Site = http://www.grid-tools.com/

Contact Details = Nick Jones
Grid-Tools Limited
14 Hanborough Business Park
Long Hanborough
Oxfordshire, OX29 8LH
+44 (0) 871 309 8293
1-866-354-423
http://www.grid-tools.com/
grid-tools@momentumws.co.uk

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