Lay the Foundation for a Well-Managed Organization with a Data Governance Program
To help your company stay agile and competitive, your IT organization is striving to manage data as an enterprise so it can be shared and reused across applications and systems, processes, and users.
Not only must data be accessible, but it must also be reliable.
To make data accessible and reliable, you need to establish standards, policies, and processes for data’s usage, development, and management. You need to create the right organizational structure and develop the right flexible technology infrastructure to support these processes.
You need to establish a data governance program.
With roots in corporate and IT governance, data governance is a defined as the processes, policies, standards, organization, and technologies required to manage and ensure the availability, accessibility, quality, consistency, auditability, and security of data.
A data governance program can lay the foundation for managing not just data, but also the entire company or government entity. An effective data governance program ensures data is developed, protected, and managed as a valued enterprise asset. It makes data universally visible throughout the organization. It also instills confidence that data is accurate. As such, a data governance program can dramatically improve an organization’s ability to:
- Comply with government and industry regulations
- Manage risk
- Establish sound business strategy and make effective decisions
- Maximize operational efficiency and effectiveness of all lines of business
Goals of Data Governance Programs
- Increase consistency and confidence in decision making
- Lower the risk of regulatory fines
- Lower the costs of managing data
- Improve data security
- Designate accountability for data quality
- Optimize data’s value across the organization
- Maximize data’s income generation potential for corporations
- Make the most of data’s contribution to the organizational mission for government agencies and nonprofits
Challenges of Data Governance Programs
To support the volume and variety of enterprise data, your data governance program needs to be built on a robust, solid, and flexible technology infrastructure. This infrastructure must make data:
- Accessible. All enterprise data can be accessed, regardless of source or format.
- Available. Data is available to users and applications, when, where, and however needed.
- High Quality. Data is complete and accurate.
- Consistent. The meaning of data is consistent and reconciled across systems, processes, and organizations.
- Auditable. A robust audit trail maintains data visibility and control.
- Secure. Standards of security and privacy are enforced.
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| An effective data governance program demands a firm but flexible data integration infrastructure. |
Informatica provides a robust data integration platform to help your IT organization automate data governance processes, collaborate effectively across all parts of your company, and systematically enforce data standards and policies.