Sponsored Topics. Stokesdale is a town in the northwestern corner of Guilford County, North Carolina, United States. The population was 3,267 at the 2000 census. Belews Lake is located nearby. Stokesdale is located at 36Â°14â²11â³N 79Â°58â²57â³W / 36.23639Â°N 79.9825Â°W / 36.23639; -79.9825 (36.236371, -79.982393).
The Cost of Bad Data is the Illusion of Knowledge. Each time I open Salesforce in my browser, I think of Stephen Hawking. Itâs because of an aphorism an entrepreneur shared with me a few weeks ago. The cost to fix a data error at the time of entry is $1. The cost to fix it an hour after itâs been entered is $10. And the cost to fix it several months later is $100+. Take for example a venture capitalistâs CRM tool.
(See Figure 2.) It should be noted that most data loss incidents (approximately 83 percent) result in much lower average costs ($557), but in the smaller portion of cases in which the data are permanently lost, the average costs are estimated to be much higher ($20,557).hen information on data loss episodes is mapped along with the cost data, an estimate of aggregate data loss may be obtained. This calculation, reported in Table 2, estimates that annual data losses to PCs cost US businesses $18.2 billion.