Capterra Glossary
Stale Data
Stale data is data that is not relevant to a company's daily operations and, therefore, does not help them make real-time business decisions. Stale data often exists in the form of irrelevant data files and folders housed on company computer systems. Businesses typically require fresh data (recently updated data) to make good business decisions based on current market conditions.
What Small and Midsize Businesses Need to Know About Stale Data
Small businesses must make solid, data-driven decisions to stay afloat in today's ever-changing marketplace. However, SMBs can only do so if they can access real-time data. Using stale data to make business decisions puts small businesses behind the curve, which makes it difficult to scale up a small operation and compete with larger businesses in their market sector.
Related Terms
- Big Data
- Analytics and Business Intelligence (ABI)
- Business Analytics
- Digital Disruption
- Master Data Management (MDM)
- Advanced Technology
- Autonomous Vehicles
- Predictive Analytics
- Artificial Intelligence (AI)
- Data And Analytics
- Data Mining
- Clickstream Analysis
- Information Delivery
- Real-time Analytics
- Computer-brain Interface
- Business Intelligence (BI) Services