Data Democratization: Transforming Risk Management and Compliance
Key Takeaways: Data in organizations is typically managed by two distinct groups: data producers and data consumers. Data governance is essential in the age of data democratization, especially when it comes to compliance. In adopting a modern data management approach to data democratization organizations can emphasize simplicity, scalability, and quality. Balancing the need for growth […]
Data Democratization 101
Key Takeaways: Data democratization is about empowering employees to access and understand the data that informs better business decisions. The rapid advancement of analytical capabilities, capacity, and usability can make more information available to be analyzed. Data stewards must balance security and compliance with the expansion of data availability throughout the organization. The goal of […]
5 Key Benefits of Data Democratization: How Self-Service Data Can Improve Your Business
Key Takeaways: Data democratization is a process that gives virtually anyone in your organization the ability to understand data for better decision-making. Data democratization has immense benefits, like a 360° customer view, enhanced innovation, and streamlined internal processes. To fully take advantage of these benefits, you also need to keep compliance, security, and potential data […]
Data Quality in the Age of Data Democratization and Data Literacy
Two trending topics in data today are data democratization and data literacy. Here, we’ll explore what these two trends mean, why they are important now, and why they are likely to continue to be important for the foreseeable future. What Is Data Democratization? Data democracy means, in essence, that all stakeholders in an organization can […]
Industry Analyst Perspective: Data Democratization and AI Drive the Scope for Data Governance
As data democratization, AI, and compliance play increasingly important roles in today’s business world, enterprises are turning to data governance tools and practices to ensure they stay ahead of the potential pitfalls and challenges associated with these trends. At Precisely’s Trust ‘22 Data Integrity Summit, Forrester Principal Analyst Achim Granzen outlined key trends accelerating the […]
4 Data Democratization Best Practices
Over the past decade, data analytics have increasingly been fueling better business decisions. Data democratization is shifting that trend into high gear by putting powerful insights directly into the hands of front-line users across the organization. That comes with some risks. As companies increase data democratization, they also increase the possibility that data will be […]
Best of 2021: Top 10 Data Quality and Data Governance Blog Posts
Data quality helps you understand your data and ensure it’s accurate, consistent, and complete while a data governance framework allows you to proactively find and manage your data for better business outcomes based on trusted data. As 2021 ends, we would like to share our most viewed Data Quality and Data Governance articles from the Precisely […]