"No data is better than bad data" is a widely used quote within the data industry. The point it raises is that business decisions made from bad data can potentially have catastrophic consequences, whereas having no data should mean the first port of call is to gather data so that decisions can be made.
This is where issues regarding extracting data and gaining insight for business intelligence begins.
If extracted data does not land in a centralised location, it would have to be managed in separate containers, where these containers would be managed by the teams within the business that most relate to that data. This is where data siloes can form.
Updated about 1 month ago