Large organizations today often have years of accumulated data spread among multiple ERP and legacy systems, which places an extreme burden on the multitude of systems as well as organizations’ ability to use them. However, a bigger issue is ensuring that the data is accurate, up-to-date and ready to use meaningfully at any given moment. The business relevancy of data is the number-one most misunderstood data problem that organizations face, as well as one of the most expensive.
Both IT and data-focused professionals are now beginning to understand that there are significant savings to be had over the life of ERP and other systems, not only during the implementation of a major ERP transformation, through ongoing information governance, including identifying and isolating the business-owned data that is truly used . . .
Read the full article here: The Missing Link in Managing Data: Business Relevancy