Remove Data Collection Remove Data Quality Remove Enterprise Remove Risk
article thumbnail

7 enterprise data strategy trends

CIO Business Intelligence

Every enterprise needs a data strategy that clearly defines the technologies, processes, people, and rules needed to safely and securely manage its information assets and practices. Guan believes that having the ability to harness data is non-negotiable in today’s business environment.

article thumbnail

8 data strategy mistakes to avoid

CIO Business Intelligence

Organizations can’t afford to mess up their data strategies, because too much is at stake in the digital economy. How enterprises gather, store, cleanse, access, and secure their data can be a major factor in their ability to meet corporate goals. Here are some data strategy mistakes IT leaders would be wise to avoid.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

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.

article thumbnail

Data Mesh 101: How Data Mesh Can Be Used in an Organization

Ontotext

As discussed in part one, the data mesh paradigm is still a relatively new concept with implementations in the early stages. Most enterprises have years of legacy systems, processes, and practices that make it more demanding to quickly jump onto the data mesh bandwagon. For instance, JPMorgan Chase & Co.

article thumbnail

Don’t Fear Artificial Intelligence; Embrace it Through Data Governance

CIO Business Intelligence

Preparing for an artificial intelligence (AI)-fueled future, one where we can enjoy the clear benefits the technology brings while also the mitigating risks, requires more than one article. This first article emphasizes data as the ‘foundation-stone’ of AI-based initiatives. Establishing a Data Foundation. era is upon us.

article thumbnail

How Data Ethics Supports Governance & Monetisation

Alation

Data ethics is both an imperative and an opportunity. New regulations covering data privacy and other ethical concerns require that enterprises govern internal data processes according to these new laws. Clearly, using private Facebook data collected in a nefarious manner to sway political elections is not ethical.

article thumbnail

Better, faster decisions: Why businesses thrive on real-time data

CIO Business Intelligence

In Foundry’s 2022 Data & Analytics Study , 88% of IT decision-makers agree that data collection and analysis have the potential to fundamentally change their business models over the next three years. The ability to pivot quickly to address rapidly changing customer or market demands is driving the need for real-time data.