Data governance and intelligence to be a data-driven company

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Learn why companies are looking for data governance and intelligence programs to make better decisions and be data-driven
For years, organizations have wanted to be able to make decisions based on data. However, a recent study indicates that only 24% of them consider their organizations to be data-driven . This is partly due to the exponential growth in the amount of data that companies must deal with, as a result of the activation of more applications in the Cloud, the advance of electronic commerce and other processes in the economy and digital life. This makes many companies feel overwhelmed and unable to extract the value of the data. The big question is how to convert this pile into useful, insightful and actionable information ?






66% of data and analytics professionals have improved data quality by vk database data governance programs. And that number grows to 83% for organizations that have a more mature data governance framework.

Source: Precisely | Drexel University's LeBow Center for Business Analytics


To be a data-driven company, you need to know where the right data is, be able to understand it, trust it, and access it. In other words, you need to have a data governance policy and practice .

Implementing the key elements of data governance— data integrity, storage and integration, visibility, and security —can help ensure an organization has the insights to succeed on its journey to making data-driven decisions.


Data Management Governance
This means that data governance is about the people, processes and technology a company uses to manage data usage, ensuring that the right people have the right level of access to the data.

Data governance defines roles, responsibilities, and processes to ensure accountability and ownership of data assets across the enterprise. While there are many factors to consider when creating a data governance program , two of the most pressing elements to consider are data quality and self-service analytics (i.e. the ability to autonomously access data to make decisions as needed, without waiting for IT approval).

With complete, accurate, standardized, accessible, identifiable and transparent data, companies can achieve greater market share, higher revenues, more efficient operations, increased sales enablement, reduced workforce attrition, innovation and much more.

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