Enterprise Resource Planning (ERP) systems are at the heart of business. Across the entire organizational value chain, ERPs are rapidly consuming, aggregating and disseminating data. From the shop floor to the to the top floor, ERPs have made us smarter, more efficient, more accurate and ultimately, more profitable.
Most large, asset intensive companies have had ERPs in place for some time now. And yet, capturing, aggregating and distilling accurate data is still is a top pain point. Recent studies by KPMG and Gartner have found that 56% of CEOs are concerned about the quality of their data and that only 3% of company data meets a minimum threshold for data quality.