What is data goverance and how can it help a business
by Intervalle Technologies
2023-05-18
1 minute estimated reading time Cybersecurity

data used in an organization involves creating policies, procedures, and standards to ensure that data is managed effectively, efficiently, and securely throughout its lifecycle. The goal of data governance is to provide a framework that enables organizations to maximize the value of their data while minimizing the risks associated with it.

 

Data governance can help a business in several ways:

  • Improved data quality: By ensuring that data is accurate, complete, and up-to-date, data governance can help businesses make better decisions based on reliable information.
  • Increased efficiency: By streamlining data management processes and reducing duplication, data governance can help businesses save time and resources.
  • Better compliance: By ensuring that data is managed in accordance with legal and regulatory requirements, data governance can help businesses avoid costly fines and penalties.
  • Improved decision-making: By providing a clear picture of the data available and how it can be used, data governance can help businesses make more informed and effective decisions.
  • Enhanced data security: By implementing policies and procedures to protect data from unauthorized access, data governance can help businesses reduce the risk of data breaches and protect sensitive information.

 

Overall, data governance provides a structured approach to managing data that can help businesses maximize the value of their data assets while minimizing the risks associated with them.

Collaboration is at the heart of how we operate.Through a customer-centric approach, our methodology harnesses the power of collaboration to achieve a value-based outcome created by synergies between people, processes and technology.

Contact Us

The power of thinking solutions