As readers of this blog will know, I read a lot of articles on data governance, strategy and data management and I found a really interesting article the other day from Experian. It reported that a new white paper from Talend has just been published on the IT World Website.
The new report reveals that it has found that organisations are becoming increasingly proactive in how they monitor the accuracy of records as a direct result of the growing popularity of data governance.
The paper suggests that companies are now looking to hire experienced data professionals to isolate the root of problems before they even arise. This is in stark contrast to what has happened previously as often companies are called in to to help fix major issues after they become an issue. However, I think sorting out systemic problems in the long run is going to help any company. The white paper states:
Today, a newer trend is emerging when it comes to data management. More common today is a data governance approach where time and energy are spent on fixing the processes that allow flawed data to be introduced into an environment. In this approach, you rather seek to isolate the cause and eliminate the source of the introduction of flawed data. In companies where internal and external data is constantly being merged to form operational data stores and data warehouses, it makes more sense to not only address data failures, but to proactively monitor data and report the current state of data quality back to the origin of the data. This new data governance approach works on cross-functional problem solving and process improvement, not relegation of data management to IT.
The report also highlights the importance of data metrics and the emerging technology of data quality dashboards is helping organisations to formulate their governance strategies.
To find out how Evaxyx can help you with your data governance contact us now.
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