Inaccurate data on IT assets – such as applications, their
inter-dependencies and integrations, and underlying components – can drive unnecessary costs, drain productivity, and increase the risk of noncompliance. Nucleus analysts found that few companies have a complete and accurate view of their IT landscape; in fact, the average company’s data is only 55 percent accurate. Analysts found that those who implemented planningIT to manage and monitor asset data achieved an immediate increase in accuracy to 88 percent. Those that adjusted their internal processes to fully adopt planningIT improved data accuracy to 95 percent or higher; many indicated they reached 100 percent accuracy.