erwin

MAY 20, 2020

Data governance (DG) as a an “emergency service” may be one critical lesson learned coming out of the COVID-19 crisis. Where crisis leads to vulnerability, data governance as an emergency service enables organization management to direct or redirect efforts to ensure activities continue and risks are mitigated.

Data Governance 144

Data Governance Metadata Risk Strategy 144

Alation

AUGUST 17, 2022

According to analysts, data governance programs have not shown a high success rate. According to CIOs , historical data governance programs were invasive and suffered from one of two defects: They were either forced on the rank and file — who grew to dislike IT as a result. The Risks of Early Data Governance Programs.

Data Governance 92

Data Governance Risk Data-driven Measurement 92

CIO Business Intelligence

MAY 24, 2023

The first published data governance framework was the work of Gwen Thomas, who founded the Data Governance Institute (DGI) and put her opus online in 2003. They already had a technical plan in place, and I helped them find the right size and structure of an accompanying data governance program.

Data Governance 114

Data Governance Data Quality Data Collection Management 114

erwin

APRIL 16, 2021

Data governance is best defined as the strategic, ongoing and collaborative processes involved in managing data’s access, availability, usability, quality and security in line with established internal policies and relevant data regulations. Data Governance Is Business Transformation. Predictability.

Data Governance 128

Data Governance Metadata Cost-Benefit Digital Transformation 128

erwin

JANUARY 30, 2020

I’m excited to share the results of our new study with Dataversity that examines how data governance attitudes and practices continue to evolve. Defining Data Governance: What Is Data Governance? . 1 reason to implement data governance. Most have only data governance operations.

Data Governance 145

Data Governance Metadata Cost-Benefit Digital Transformation 145

CIO Business Intelligence

MARCH 4, 2024

The data mesh debate This is not to say that there is a consensus that data mesh is a universal solution. Stakeholders are currently waging an open debate across the industry of centralization versus federated data strategies.

Insurance 97

Insurance Strategy Data Governance Data Integration 97

datapine

FEBRUARY 22, 2022

1) What Is A Business Intelligence Strategy? 2) BI Strategy Benefits. 4) How To Create A Business Intelligence Strategy. Over the past 5 years, big data and BI became more than just data science buzzwords. Your Chance: Want to build a successful BI strategy today? What Is A Business Intelligence Strategy?

Business Intelligence 218

Business Intelligence Strategy Cost-Benefit Key Performance Indicator 218

erwin

OCTOBER 8, 2020

No less daunting, your next step is to re-point or even re-platform your data movement processes. And you can’t risk false starts or delayed ROI that reduces the confidence of the business and taint this transformational initiative. Why You Need Cloud Data Governance. GDPR, CCPA, HIPAA, SOX, PIC DSS).

Data Governance 145

Data Governance Metadata Testing Data Lake 145

CIO Business Intelligence

MAY 17, 2023

Why it matters:  Data-driven business decisions must factor prominently in modernization efforts. The bottom line:  Don’t leave data behind. In most companies, however, the data may be locked within disparate IT silos. Largely, they identify opportunities revealed when data stores are open to one another.

Data-driven 105

Data-driven Strategy IT Insurance 105

IBM Big Data Hub

JANUARY 25, 2023

In our last blog , we introduced Data Governance: what it is and why it is so important. In this blog, we will explore the challenges that organizations face as they start their governance journey. Organizations have long struggled with data management and understanding data in a complex and ever-growing data landscape.

Data Governance 52

Data Governance Data-driven Strategy Management 52

CIO Business Intelligence

APRIL 29, 2022

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.

Data Governance 145

Data Governance IT Risk Data Lake 145

Cloudera

MARCH 3, 2022

Whether the enterprise uses dozens or hundreds of data sources for multi-function analytics, all organizations can run into data governance issues. Bad data governance practices lead to data breaches, lawsuits, and regulatory fines — and no enterprise is immune. . Everyone Fails Data Governance.

Data Governance 98

Data Governance Enterprise Data Quality Metadata 98

Cloudera

AUGUST 30, 2022

Data-fuelled innovation requires a pragmatic strategy. This blog lays out some steps to help you incrementally advance efforts to be a more data-driven, customer-centric organization. We encourage organizations to start with their business goals, followed by the data strategy to support those goals.

Strategy 104

Strategy Data Strategy ROI Cost-Benefit 104

erwin

JULY 12, 2019

In light of recent, high-profile data breaches, it’s past-time we re-examined strategic data governance and its role in managing regulatory requirements. for alleged violations of the European Union’s General Data Protection Regulation (GDPR). Strengthen data security. How erwin Can Help. How erwin Can Help.

Data Governance 110

Data Governance Management Metadata Risk Management 110

erwin

SEPTEMBER 19, 2019

Data governance isn’t a one-off project with a defined endpoint. Data governance, today, comes back to the ability to understand critical enterprise data within a business context, track its physical existence and lineage, and maximize its value while ensuring quality and security. Passing the Data Governance Ball.

Data Governance 108

Data Governance Cost-Benefit Enterprise Modeling 108

CDW Research Hub

DECEMBER 8, 2021

Unfortunately, the holidays can also bring an increased risk of data breaches. Doing a comprehensive review of your data protection, security programs and controls, networks, applications and data allows you to identify risk areas and create a strategy for resolution.

Strategy 88

Strategy Risk Consulting Data Governance 88

Octopai

JUNE 26, 2020

In order to figure out why the numbers in the two reports didn’t match, Steve needed to understand everything about the data that made up those reports – when the report was created, who created it, any changes made to it, which system it was created in, etc. Enterprise data governance. Metadata in data governance.

Metadata 84

Metadata Data Governance Enterprise Reporting 84

IBM Big Data Hub

DECEMBER 20, 2023

Without an AI strategy, organizations risk missing out on the benefits AI can offer. An AI strategy helps organizations address the complex challenges associated with AI implementation and define its objectives. What is an AI strategy? A successful AI strategy should act as a roadmap for this plan.

Strategy 80

Strategy Business Objectives Cost-Benefit Consulting 80

erwin

JULY 9, 2021

At the root of data intelligence is data governance , which helps ensure the right level of data access, availability and usage based on a defined set of data policies and principles. The Importance of Data Governance. Organizations recognize the importance of effective data governance.

Data Governance 59

Data Governance Business Driver Strategy Statistics 59

IBM Big Data Hub

APRIL 10, 2023

A well-designed data architecture should support business intelligence and analysis, automation, and AI—all of which can help organizations to quickly seize market opportunities, build customer value, drive major efficiencies, and respond to risks such as supply chain disruptions.

Strategy 95

Strategy Data Architecture Cost-Benefit Reporting 95

CIO Business Intelligence

MAY 17, 2022

Even if the AI apocalypse doesn’t come to pass, shortchanging AI ethics poses big risks to society — and to the enterprises that deploy those AI systems. The following real-world implementation issues highlight prominent risks every IT leader must account for in putting together their company’s AI deployment strategy.

Risk 145

Risk Consulting Machine Learning Data Science 145

Alation

SEPTEMBER 9, 2021

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?

Data Governance 52

Data Governance Data Strategy Strategy Risk 52

Cloudera

AUGUST 4, 2021

And if data security tops IT concerns, data governance should be their second priority. Not only is it critical to protect data, but data governance is also the foundation for data-driven businesses and maximizing value from data analytics. But it’s still not easy. But it’s still not easy.

Data Governance 84

Data Governance Metadata Data-driven Enterprise 84

CIO Business Intelligence

AUGUST 23, 2023

Having joined its executive team 18 months ago, CDIO Jennifer Hartsock oversees its global technology portfolio, and digital and data strategies, so she has to keep track of a lot of moving parts, both large and small, to help achieve the company’s big corporate strategy about being ‘better together.’ “It

Data Strategy 98

Data Strategy Strategy B2B Digital Transformation 98

TDAN

JANUARY 19, 2021

In October 2020, the Office of the Comptroller of the Currency (OCC) announced a $400 million civil monetary penalty against Citibank for deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls.

Data Governance 80

Data Governance Risk Management Risk Management 80

O'Reilly on Data

APRIL 12, 2019

Balancing risk and reward is a necessary tension we'll need to understand as we continue our journey into the age of data. The Strata Data Conference in San Francisco was filled with speakers talking about opportunity. Machine learning grows out of your current data practices. What about the risks?

Risk 132

Risk Machine Learning Sales Data Governance 132

BI-Survey

FEBRUARY 17, 2020

Data and data management processes are everywhere in the organization so there is a growing need for a comprehensive view of business objects and data. It is therefore vital that data is subject to some form of overarching control, which should be guided by a data strategy.

Data Governance 89

Data Governance Data Warehouse Data Quality Data Strategy 89

IBM Big Data Hub

JUNE 30, 2022

The rise of data strategy. There’s a renewed interest in reflecting on what can and should be done with data, how to accomplish those goals and how to check for data strategy alignment with business objectives. The evolution of a multi-everything landscape, and what that means for data strategy.

Data Strategy 57

Data Strategy Strategy Business Objectives Data-driven 57

CIO Business Intelligence

MAY 13, 2024

watsonx.governance is a toolkit for governing generative AI and machine learning models. It focuses on three core areas of documentation: compliance, risk management, and model lifecycle management — processes IBM says are intertwined. What is IBM’s strategy with watsonx.governance? per resource unit.

Risk 118

Risk Machine Learning Modeling Enterprise 118

TDAN

MARCH 6, 2024

In the digital era, navigating the choppy waters of data governance poses a significant challenge for enterprises. On one end of the spectrum, a rigid command-and-control approach stifles innovation and agility, turning data management into a bottleneck rather than a boon.

Data Governance 59

Data Governance Strategy Risk Enterprise 59

AWS Big Data

MARCH 26, 2024

In this post, we discuss how you can use purpose-built AWS services to create an end-to-end data strategy for C360 to unify and govern customer data that address these challenges. We recommend building your data strategy around five pillars of C360, as shown in the following figure.

Data Strategy 69

Data Strategy Strategy Data Warehouse Prescriptive Analytics 69

CIO Business Intelligence

APRIL 1, 2024

The research cited a lack of talent and skills to work with the technology (62%), unclear AI and GenAI investment priorities (47%), and the absence of a strategy for responsible AI (41%) as the top three obstacles. Reach consensus on strategy. Low-cost proof-of-concepts can help you reduce the risk of overprovisioning.

Data Lake 139

Data Lake Consulting Uncertainty Risk 139

IBM Big Data Hub

APRIL 8, 2024

In other words, they need a robust digital product lifecycle management (PLM) strategy. The key foundation of a strong PLM strategy is healthy and orderly product data, but data management is where enterprises struggle the most. Data is an asset, but to provide value, it must be organized, standardized and governed.

Data-driven 62

Data-driven Management Data Governance Strategy 62

Alation

MARCH 14, 2023

Data gathering and use pervades almost every business function these days — and it’s widely acknowledged that businesses with a clear strategy around data are best placed to succeed in competitive, challenging markets such as defence. What is a data strategy? Why is a data strategy important?

Data Strategy 52

Data Strategy Strategy Metadata Data Quality 52

CIO Business Intelligence

DECEMBER 19, 2023

This year’s technology darling and other machine learning investments have already impacted digital transformation strategies in 2023 , and boards will expect CIOs to update their AI transformation strategies frequently. Luckily, many are expanding budgets to do so. “94%

Digital Transformation 143

Digital Transformation Unstructured Data Machine Learning Risk Management 143

Cloudera

MARCH 25, 2021

Will the data privacy controls ultimately help create an enterprise approach to data? Data lies at the heart of knowing the customer and enabling a better customer experience. Risk management can be optimized by the improved use of data and analytics to run models, account for more variables and scrutinize probable outcomes.

Data Strategy 64

Data Strategy Strategy Enterprise Insurance 64

Cloudera

FEBRUARY 15, 2024

While there are clear reasons SVB collapsed, which can be reviewed here , my purpose in this post isn’t to rehash the past but to present some of the regulatory and compliance challenges financial (and to some degree insurance) institutions face and how data plays a role in mitigating and managing risk.

Insurance 85

Insurance Data Architecture Risk Management Risk 85