On average, a company manages around 400 data sources, often leading to data silos, inconsistencies, and duplication. This creates inefficiencies and confusion among teams.
A single source of truth (SSOT) addresses these issues by consolidating relevant data into one central location, ensuring that everyone accesses the same accurate information.
Implementing an SSOT improves decision-making processes, enhances efficiency, and reduces the margin of error in operations, proving to be beneficial for organizations.
In the early days of the airline industry, proprietary reservation systems led to confusion; SABRE standardized information, exemplifying the effectiveness of having a single source of truth.
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