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With the growing interconnectedness of people, companies and devices, we are now accumulating increasing amounts of data from a growing variety of channels. New data (or combinations of data) enable innovative use cases and assist in optimizing internal processes. This is where datagovernance comes in. .
There is a movement in the business and academic worlds to consider relabeling the name of the long-time data discipline of “DataGovernance” to “DataEnablement”. Usually, when someone tells me something like this, my first response is to chuckle and nod my head.
Internal and external auditors work with many different systems to ensure this data is protected accordingly. This is where datagovernance comes in: A robust program allows banks and financial institutions to use this data to build customer trust and still meet compliance mandates. What is DataGovernance in Banking?
Yes, let’s talk about datagovernance, that thing we love to hate. I just attended the 17th Annual Chief Data Officer and Information Quality Symposium in July, and there, I heard many creative suggestions for renaming datagovernance.
Real-time access to phone location data can be used by travel insurers to create products that only become active when the phone (and hopefully the human attached to it) crosses country borders or travels beyond a specific distance. Putting Data to New Use . For example, in the U.S.,
Choosing the best analytics and BI platform for solving business problems requires non-technical workers to “speak data.”. A baseline understanding of dataenables the proper communication required to “be on the same page” with data scientists and engineers. Master data management. Datagovernance.
As IT leaders oversee migration, it’s critical they do not overlook datagovernance. Datagovernance is essential because it ensures people can access useful, high-quality data. Therefore, the question is not if a business should implement cloud data management and governance, but which framework is best for them.
Datagovernance is growing in urgency and prominence. As regulations grow more complex (and compliance fines more onerous) organizations aren’t just adapting datagovernance frameworks to drive compliance – they’re leveraging governance to fuel a growing range of use cases, from collaboration to stewardship, discovery, and more.
Be it the stellar customer and analyst sessions at Tableau Conference in New Orleans or Forrester DataStrategy & Insights 2018 in Orlando, or the professional grade, bullet proof Alation Arena of robots at Strata Data Conference in New York or the Teradata Analytics Universe in Las Vegas, our rockstar avatar didn’t fail to impress.
The next stops on the MLDC World Tour include Data Transparency in Washington, Gartner Symposium/ITxpo in Orlando, Teradata Analytics Universe in Las Vegas, Tableau in New Orleans, Big Data LDN in London, TDWI in Orlando and Forrester DataStrategy & Insights in Orlando, again. Data Catalogs Are the New Black.
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