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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.

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Data governance in the age of generative AI

AWS Big Data

Data is your generative AI differentiator, and a successful generative AI implementation depends on a robust data strategy incorporating a comprehensive data governance approach. Data governance is a critical building block across all these approaches, and we see two emerging areas of focus.

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The Benefits of Data Governance in Banks and Financial Institutions

Alation

Internal and external auditors work with many different systems to ensure this data is protected accordingly. This is where data governance comes in: A robust program allows banks and financial institutions to use this data to build customer trust and still meet compliance mandates. What is Data Governance in Banking?

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Why Choose a Hybrid Data Cloud in Financial Services?

Cloudera

Then there are the more extensive discussions – scrutiny of the overarching, data strategy questions related to privacy, security, data governance /access and regulatory oversight. These are not straightforward decisions, especially when data breaches always hit the top of the news headlines.

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What Is Data Modeling? Data Modeling Best Practices for Data-Driven Organizations

erwin

In the modern context, data modeling is a function of data governance. While data modeling has always been the best way to understand complex data sources and automate design standards, modern data modeling goes well beyond these domains to accelerate and ensure the overall success of data governance in any organization.

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Insights from Gartner’s 2023 Data Security Hype Cycle – Data Security Posture Management (DSPM) Highlights

Laminar Security

The Shifting Data Security Landscape Cloud service providers (CSPs) have revolutionized data analytics and data pipelines, presenting data security teams with novel challenges. The Importance of DSPM As data proliferates across the cloud, the need to identify and address privacy and security risks becomes paramount.

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How Data Management and Big Data Analytics Speed Up Business Growth

BizAcuity

Be it supply chain resilience, staff management, trend identification, budget planning, risk and fraud management, big data increases efficiency by making data-driven predictions and forecasts. With adequate market intelligence, big data analytics can be used for unearthing scope for product improvement or innovation.