Best of 2022: Top 5 Data Quality and Data Governance Blog Posts
The common goal of many data governance programs is to increase visibility around the quality of data for better business outcomes. As this year comes to a close, let’s count down the Top 5 Data Quality and Data Governance blog posts of 2022. #5 Kickstart a Data Quality Strategy to Build Trust in Your Data […]
Building Successful and Sustainable Data Governance in Financial Services
Today’s financial services organizations are swimming in data. That represents a huge opportunity, especially as advanced analytics, AI, and machine learning gain momentum. It also raises some challenges. GDPR, CCPA, and similar regulations are driving the need for more rigorous approaches to compliance. Data security and access are of paramount concern, particularly as cybersecurity threats […]
Creating a Data Governance Business Glossary
Often organizations create quick fix solutions to tackle the business glossary challenge including, “we have an Excel-based solution”, and often it does effectively inventory and define terms. But soon it becomes apparent that this is an overly simplistic view of data beyond a simple cataloging of terms with limited ability to capture the important relationships […]
Data Strategy SOS: Signs Your Data Initiatives Need Help
It’s indisputable that in today’s business environment, data comprises a valuable organizational asset, providing the keys to competitive differentiation and strategic advantage. In that context, data governance has emerged as a critical discipline to enable business success and a data strategy. To elicit value from their data, organizations must ensure that it is accurate and […]
Four Steps to Building a Successful Data Governance Team
A successful data governance team requires alignment to clearly defined business requirements. Yet far too many data governance programs fail to achieve objectives because they miss this prerequisite. They also fail to address the elephant in the room: why should an organization invest in governance over data—what many consider their most important asset? A governance […]
What is Metadata and How is it Used?
Often described as data about data, metadata is a foundational element used to transform data into an enterprise-wide asset. Metadata helps understand the data behind it and reflects how data is used and is key to supporting data governance initiatives, regulatory compliance demands, and data management processes. It is critical to data management because it […]
Four Keys to Successful Telecom Data Governance Strategies
Gartner reports that 80% of data governance initiatives fail to deliver on their expected outcomes. Harvard Business Review has found that over 65% of the target users for data governance initiatives do not sufficiently understand how those programs impact their roles within the organization. Finally, according to Forbes, over 74% of data leaders struggle to […]
Building a Business Friendly Approach to Data Governance
It is fast becoming an imperative for organisations to fuel business intelligence reporting with data that is accurate, consistent and contextual – data with integrity. Data governance is increasingly a key factor in how organisations achieve data integrity, whether it’s to help accelerate confident decision-making and reduce costs or manage risk and comply with complex […]
How to Build a Successful Metadata Management Strategy
Metadata provides crucial information that powers accurate analytics for rich business insights. And an effective metadata management strategy relies on a comprehensive data governance framework. Let’s explore the relationship between the two, and how you can build each strategy for success. First, how is your metadata management strategy interlinked with your data governance framework? When […]
Data Preparation: What it is, and How to Do it Right
“Data preparation is the process of gathering, combining, cleansing, structuring, and organizing data so it can be analyzed as part of data visualization, analytics, and machine learning applications.” Data preparation: who’s doing it, how quickly, and how well? The term “data preparation” itself has evolved as fast as the tools for the task, and those […]
To Ensure Regulatory Compliance, You Need to Trace Data Lineage
When it comes to data, regulatory compliance isn’t easy. Regulations are nothing new in industries like financial services, healthcare, and insurance. But no singular piece of legislation has had the impact of the European Union’s 2018 General Data Protection Regulation (GDPR). The GDPR represents the most aggressive effort yet by governments to formalize, unify, and […]
The Intersection of Data Analytics and Data Governance
Are you suffering from data exhaustion? The symptoms can vary widely, but it generally stems from the unrelenting influx of data and your organization’s continued struggle to define a full-scale strategy to organize, understand and leverage that data for maximum advantage. There’s certainly no shortage of treatment options being marketed; whatever analytics and data management […]