Data Governance is, simply put, a business data strategy, which includes your employees, processes and technology. Once you’ve collected and analyzed the data, the only logical next step is to use it for better decision-making. Data Governance will bring your professionals from across the company, who have different approaches on their data strategy, and create a space where their theories and practices find common ground.
Before you plunge into the idea of data governance, do not solely rely on technology. Instead, consider technology as a vessel which is there to support your people’s tactics and strategies through automated processes, scalability and augmentation.
Thanks to our solutions, we help companies to create better data, which results in real business advantages, such as better decision-making and high quality customer experiences.
The key reasons why a company would set up a data governance program, are the ones that bring long-term advantages. The goals are to:
- Minimize risk
- Establish internal rules for data use
- Implement compliance requirements
- Increase the value of data
- Reduce costs
- Risk management
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