Data Governance (DG), a formalized practice that connects different components – such as roles, processes, communications, metrics, and tools – increases data’s value. By harmonizing these fundamental elements, governance ensures that the right data flows efficiently to the right resources at the right time. In this Data Governance 101 article, we will look at the definition […]
Data Modeling Trends in 2023: A Refresh
Data Modeling, the practice of diagramming Data Architecture and aligning core business rules with data definitions, will go through a refresh in 2023. Organizations will assess and make over their data fabrics, which describe distributed Data Management systems. Furthermore, managers and project teams will use data models to optimize business processes with their data assets and allocate resources to achieve […]
Implementing Data Strategy Across the Data Lifecycle
Organizations wishing to implement a Data Strategy—a set of decisions that form a pattern, charting a high-level course of action—face significant challenges in unifying their message across the data lifecycle. Only 30% of companies have a clear organizational Data Strategy, leaving their different departments to figure out how to manage company data assets. Moreover, two […]
Working with Metadata Management Frameworks
Metadata Management will grow into 2021 and beyond. According to a DATAVERSITY® Trends in Data Management Report, 84 percent of business respondents had a Metadata Management initiative in place or had plans for one. MarketWatch, a consulting firm, expects massive growth by 2026. How much success a company will have with Metadata Management will depend […]
Managing Data Governance Throughout the Data Lifecycle
Companies rely on Data Governance, the formal Data Management of people, technology, and practices, to balance data risks and opportunities. Managing Data Governance takes on even more importance across the data lifecycle, from data planning to data disposal, as shown in the diagram below Organizations tend to neglect more comprehensive Data Governance throughout the lifecycle. […]