Managing The Risks Of Data Abundance: An Evaluation Of Quality Variables

Today, more events are being recorded more than ever before as technology advance and consumers are incentivized to provide data to firms’ databases. However, since file storage technology have advanced, it is now far more expensive to evaluate, choose, and discard historical material than it is to let it collect. On just one finger, the abundance of data which has been stored must have greatly widened the possibilities to correspond and analyses them, and on the other, the modest excitement that data processing and information retrieval engendered in the early 1980s has been supplemented by a rampant exuberance. But is this really all that great? Based on an examination of quality variables, this report gives a risk evaluation.