“Data is the new oil” British mathematician and Tesco marketing mastermind Clive Humby said in 2006. Since then, the data industry has been escalating quickly, growing remarkably to become a valuable asset to businesses. In the meantime, “Social Media” joined the game, and data witnessed unparalleled peaks in volume and value. The race to generate and gather huge volumes of information has forced companies to act so quickly that speed has become the new currency of business, as Salesforce’s CEO, Marc Benioff, said.
Why Data Governance?
Data governance fuses data with speed! It ensures that the right people have the right data at the right time, and this is vital for a smooth and efficient workflow. Data Governance enhances and automates processes, products, and experiences to give companies the competitive edge they are seeking to stay ahead of rivals. Structured or unstructured, internal or external, data is collected from various channels (IoT devices, SaaS applications, social media, etc.) by data governance systems. The system then converts siloed information into useable and clear insights.
Reading between the lines.
Data governance systems transform data into smart data; information that goes unnoticed is captured, extracted, and converted automatically into valuable data. Then, the comprehensive AI-powered system will analyze data and display it as insights to visualize information and improve decision-making. Agile data governance ensures data is correctly captured, perceived, trusted, and appropriately used and safely stored with easy access to it when needed. So, the end result is converting information previously perceived as insignificant (or you did not even know it exists) into a useful asset.
Intalio Data Governance solution
Packed with features and benefits, the Data Governance platform from Intalio leverages the organization’s data and improves the performance of individuals and groups. The data lifecycle is automated from the ingestion phase, through analytics, and until archiving, while artificial intelligence features add speed and accuracy to the whole process, making it reliable, trustworthy, and time-saving. This workflow automation increases productivity and enhances security, all in flexible and scalable lifecycle management.
A data governance platform helps ensure, control, and manage data. It offers a deeper understanding of data in a safe environment and helps establish clearer strategies for a better business outcome.