How much of your IT budget would you allocate towards good data hygiene?

Data & Analytics

<1%18%

1-3%54%

4-5%20%

>5%6%

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Chief Data Analytics Officer & SVP Digital Technology in Consumer Goodsa year ago

Is % of the IT budget the right consideration and benchmark here?  Data hygiene isn't a technology problem to solve so would suggest maybe not.    

The answer is also heavily dependent on the context of what you are looking to do with the data and how important accuracy of the data is in the decision making process.  The right level of data hygiene or quality is dependent on this context and should be good enough to support the decisions and related risk.  This may also be dictated by regulations in some areas and industries so will drive a different level of investment.

I personally think % of revenue is a better metric to benchmark on in this context.

VP of IT in Finance (non-banking)5 years ago

Seems like close to half aren’t putting more 3%. A good follow up would be why? What’s are the other top priorities?

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no title4 years ago

I’m curious how many would allocate this is in the IT budget as compared to elsewhere, and suspect a lot is centered/budgeted by who is managing the data.

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