Most organizations cannot operate at peak performance with blind spots lack of data availability) of 30 days or longer. For instance, many global financial services institutions need near real time data for peak performance. This is due to which of the following principles?
A) Principle of data in context
B) Principle of 90/90 data use
C) Principle of diminishing data value
D) Principle of data quality

Question

Quizplus · Accepted Answer

The principle of diminishing data value explains this situation. As time passes, the value of data decreases, especially in fast-paced environments like global financial services where real-time or near-real-time data is crucial for making timely decisions and maintaining peak performance.

Most Organizations Cannot Operate at Peak Performance with Blind Spots