Few organisations realise that data is a vital organisational asset and can, if used correctly, be a major market differentiator. To exploit this inherent value, however, data must be managed. Effective management will generate the returns that organisations seek and obviously the higher the data quality, the greater the value to be derived.
The opposite is also true, and poor data quality is costing organisations vast amounts of money each year.
Says Brian Harding, Marketing Director at Software Futures: "The dilemma that many organisations face is not recognising that data quality issues exist, but rather in understanding how critical the issues are to the business. We have established this new area of our business in order to help companies realise the risk and benefits of improved data quality."
Harding explains that companies are finding it increasingly difficult, often impossible, to quantify the costs or potential benefits to be derived from organisational data. "Our aim is therefore to provide metrics which highlight the issues, aligning them to actual business problems and increasing the value of the data asset.
"The definition and implementation of a framework to deal with data issues can ultimately provide huge returns on investment for the organisation. Companies adopting a proactive approach to assess and improve their data management infrastructure will definitely have a competitive advantage in the future."
The company's other offerings include strategic sourcing, custom development, business process management, IT best practice consulting and training, ERP and CRM solutions.
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Software Futures was established in 1994 and is a 51% black-owned, broad-based empowerment company. They are a leading provider of packaged, bespoke and integrated business software solutions to medium-sized businesses, large corporations and government. In addition, we deliver software development best practices consulting and tools to IT departments and software development companies.
The company's success is built on a heritage of innovative, skilled and passionate people, and the consistent application of internationally accepted best practice. This, coupled with an innovative approach to business, has ensured that Software Futures has an enviable track record of successful projects and loyal clients.
Software Futures has consistently been at the forefront of initiatives to standardise the IT industry and enable the process of software delivery to be simpler and more predictable. The company's offerings include strategic sourcing, custom development, business and it best practice consulting and training, ERP and CRM solutions, data quality services and product development.
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