As Companies realize the importance of the data and the challenges they face unify these assets, more and more of them turn to data governance. To achieve real benifits, thoughtful planning is required as there are various decision that need to be made throught the process.
The aim of white paper is to provide you with some insights on how establish, expand, and mature your data goverance capabilities effectively.
Data governance function coordinates data management projects and service development effort
across the organization. As a result, it drives better data management projects to have higher
success rate, deliver more value, and reduce time to deliver and cost to implement.
An obvious outcome of data governance is data with improved quality, easier access, and managed and auditable security. Quality data and information, as a result, is the core deliverable of the data governance function.
One of the information architecture principles is to treat data as an asset. A key output of data governance is to valuate core enterprise data assets – what business processes they support, how critical are these processes, how critical are these data elements in support of these processes, what are the ramifications and risks to the organization if they are unavailable or incorrect.