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What is data governance? Best practices for managing data assets

CIO Business Intelligence

The Business Application Research Center (BARC) warns that data governance is a highly complex, ongoing program, not a “big bang initiative,” and it runs the risk of participants losing trust and interest over time.

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8 data strategy mistakes to avoid

CIO Business Intelligence

Using unstructured data for actionable insights will be a crucial task for IT leaders looking to drive innovation and create additional business value.” One of the keys to benefiting from unstructured data is to define clear objectives, Miller says. What are the goals for leveraging unstructured data?”

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How Data Ethics Supports Governance & Monetisation

Alation

In the Cambridge Analytica case, the company went from a data strategy focused on monetisation by increased revenue to company closure due to the reputational damage from the negative media and public response. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical.

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Two Downs Make Two Ups: The Only Success Metrics That Matter For Your Data & Analytics Team

DataKitchen

Like most leaders of data analytic teams, you have been doing very little to quantify your team’s success. All you had to do was to write a few bullet points every week in the text for your report for last your boss. Where is your metrics report? What should be in that report about your data team?

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A step-by-step guide to setting up a data governance program

IBM Big Data Hub

Policies provide the guidelines for using, protecting, and managing data, ensuring consistency and compliance. Process refers to the procedures for communication, collaboration and managing data, including data collection, storage, protection, and usage.

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Financial Dashboard: Definition, Examples, and How-tos

FineReport

In today’s dynamic business environment, gaining comprehensive visibility into financial data is crucial for making informed decisions. In this article, we will explore the concept of a financial dashboard, highlight its numerous benefits, and provide various kinds of financial dashboard examples for you to employ and explore.

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5 Types of Costly Data Waste and How to Avoid Them

CIO Business Intelligence

Turns out, exercise equipment doesn’t provide many benefits when it goes unused. The same principle applies to getting value from data. Organizations may acquire a lot of data, but they aren’t getting much value from it. Fortunately, learning-based projects typically use data collected for other purposes. .