How to Access, Consume, Use, and Act on Your Government Data to Drive Value
As organizations have accumulated data about their customers, prospects, and transactions, they are under increasing pressure to bring order to the otherwise chaotic world of enterprise data. Much of that pressure comes in the form of government data regulations, prompted by widespread concerns about security and privacy of consumers’ personally identifiable information. Equally important is […]
3 Ways Data Governance Can Drive the Bottom Line
Many data governance programs fall short of expectations and even get derailed because they start off with unclear objectives. We see this happen in many companies. A mitigating precipitating event leads top management to declare the need for a data governance program. A team is assembled and gets to work. Eventually, they solicit input from […]
3 Critical Data Capabilities for Your Data Governance Solution
Data is an essential business asset for any organization, regardless of size or industry. There are countless ways organizations can leverage their data assets to gain a competitive advantage and offer greater value. However, regardless of business size, any success hinges upon data consumers fully understanding what data means from a business context and having […]
How are Insurance Carriers Maximizing Their Return on Investment?
The hallmark of business leaders in the 2020s is their capacity to successfully execute digital transformation initiatives. Globally, businesses spent $1.3 trillion on digital transformation in 2020. That number is expected to rise to $2.3 trillion by 2023. For insurance carriers, the primary area of focus has been portfolio and risk realignment, shifting from commoditized […]
Maximizing Data Value through Integrated Data Governance and Data Quality
The costs of bad data have had a significant impact across the business world. As reported by Gartner’s Data Quality Market Survey, poor data is responsible for an average of $15 million in losses annually. These staggering numbers come as no surprise when you consider the massive volumes of data being created, ingested and transformed […]
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 […]
The Roadmap to Data Success: Embracing a Data Catalog
Data governance is important so business users can leverage data assets. An important tool to help them organize and use data is a data catalog. When seeking a competitive advantage, organizations must turn big data into actionable insights. However, as data being collected, shared, and deployed at today’s rapid pace, IT is often the only organizational […]
3 Steps to a New Enterprise-Wide Data Governance Program
Many organizations have data governance initiatives. But these efforts are often siloed within departments and focused on policies to ensure regulatory compliance and a data governance program. When an enterprise-wide data governance program is designed with business users in mind, it encourages a data-driven culture built on collaboration and a better understanding of your data. […]
Why and How to Create an Agile Data Governance Policy
Your data is always changing, and your data governance policy needs to change, too. If it can’t, it’s not agile – and if it’s not agile, it won’t work in today’s IT environment. Here’s why and how to create a lean and agile data governance strategy. To understand what agile data governance means, let’s first […]
5 Challenges That Can be Solved with Data Governance
In an era of rapidly advancing technology, big data and advanced analytics, data governance serves a vital function within every organization, regardless of size or industry. From defining guidelines for metadata management, to driving processes for data issue resolution, to actively measuring data quality improvement over time, the importance of data governance cannot be understated. […]
Leading Practices for CPG Data Governance & Quality
The consumer packaged goods (CPG) industry is in the midst of a transformation. The rise of ecommerce, rapidly advancing technologies, changing consumer behavior, and the arrival of big data have all tipped data strategy from a competitive advantage, to a business imperative. In CPG, data governance and quality have been, and will continue to be, […]
What is Data Lineage and Why is it Important?
If you work with data, you’ve likely found yourself asking questions about where that data comes from and whether it’s accurate and up to date. Data lineage metrics is your roadmap that answers those questions, and protects data quality. Why is that so important? Enterprise data is in constant motion. As soon as an organization […]