Data cleansing involves the removal of errors, improving data's usability and accuracy. Because data is vital to every company, it must be correct. When errors and imperfections occur, business operations will suffer. Business operations can be streamlined by using data cleansing services.
For effective marketing and analytics, clean data is vital. Clean data will ensure that your messages reach the right people. As GDPR is now in effect, any business who does not have a clean data base will face severe fines. Lastly, clean data allows for better decision-making and better customer understanding.
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Data cleaning prices range from $100 to several thousand dollars for a project. A small business may have a data
set of only a few thousand records, while a large corporation or government agency could have a recordset of
several million records. Pricing is based on the number of records and the severity of the data corruption.
The average cost of data cleaning for 10,000 records can range from $55,000 to $15,000.
Data cleansing is an essential aspect of being able to identify what data you have and how best to use it. Data cleansing can reduce the risk of error and improve data reliability.