What if everyone got together and compared their data in order to improve quality? And what if there was a way to do that privately and securely, so that you could only see your own data?

If your business has Data Quality problems, then you're not alone. TDWI estimates that data quality issues cost businesses over $600B annually. It's a huge problem. One estimate says that it costs every business about 20% of their revenue. Everything that has been tried to solve these problems has one simple flaw: solutions that are limited to a view of the data inside a company can never truly know the truth. The only way to really solve data quality problems is to look outside the boundaries of your company and take a good hard look at reality.

But how do you do that? It's not practical to go visit every possible prospect or customer to make sure you've got the correct data in your systems. You can spend millions purchasing third party data, but that's only a single viewpoint and may have accuracy problems of its own.

Consensics takes an entirely different approacih. By using the wisdom of the crowd in a completely secure fashion, we combine the experiences of companies just like yours to figure out the truth behind the accuracy of your data. Everybody works together to build a consensus on the validity of the data. While you may not be able to determine the accuracy of a record in your system by yourself, if you combined your experience with that of thousands of other companies like yours you'd know something quite powerful. All of us know more than any of us.

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