According to a recent press release, “Reltio, the provider of modern master data management for customer 360, today announced its newest release, version 2018.3 of Reltio Cloud that introduces the industry’s first Data Quality Confidence Indicator for business users and includes enhancements for data connectivity and self-service that improve IT productivity. According to a study by KPMG and Forrester Research, ‘60 percent of organizations say they are not very confident in their data and analytics insights’ and ‘only 10 percent believe they excel in managing the quality of data and analytics.’ Today, Reltio is introducing a breakthrough capability to enterprises using data in Reltio Cloud for their analytics and operations. Reltio Data Quality Confidence Indicators are continuously calculated for all profiles in Reltio Cloud and presented to the user as actionable metrics. For the first time ever, business users have a consistent way of quantifying data quality for reliability and business value.”

Reltio CEO Manish Sood commented, “Data organized in Reltio Cloud is now the only data available to business users with a confidence indicator. Enterprises need quantitative metrics to gauge data quality, and we’re proud to be the first to bring those to market, along with updates for scalability, connectivity, security and more. We believe these advances offer significant opportunities for many data-driven business initiatives. In fact, our customers are telling their teams that they must ‘Reltio’ data before trusting it enough for real-time operational customer 360 views, analytics, machine learning, and for meeting data privacy and compliance regulations.”

Read more at Reltio.com.

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