A data lake becomes a data swamp in the absence of comprehensive data quality validation and does not offer a clear link to value creation. Organizations are rapidly adopting the cloud data lake as the data lake of choice, and the need for validating data in real time has become critical. Accurate, consistent, and reliable […]
Most U.S. Companies Still Not Prepared for GDPR or CCPA Compliance
Even though the European Union’s General Data Protection Regulation (GDPR) went into effect four years ago and a hundred other countries have adopted stringent data privacy laws, the U.S. is lagging behind without a federal data privacy rights regulation. California has taken the lead at the state level, the first to adopt the California Consumer Privacy Act (CCPA) in 2018, with Virginia […]
Governors of Data: A Song About Data Governance
Editor’s Note: Data professional Tiankai Feng writes and performs songs about everything from lockdown to virtual meetings to analytics. We here at DATAVERSITY can’t stop humming “Governors of Data,” his catchy and clever ode to Data Governance – and we think you’ll enjoy it too. I started my role in Data Governance in January and realized quickly […]
Data Projects Should Start with Data Governance
The hallmark of any successful Data Governance implementation is awareness. In the context of a large system integration project, we are talking about awareness of: 1) Data Quality expectations and metrics, 2) Enterprise Data Management plan, 3) Data Governance best practices, 4) data risk factors, 5) Data Governance framework, 6) data owners/data consumers, 7) Data Architecture principles, 8) […]
Synthetic Data: 4 Use Cases in Modern Enterprises
Synthetic data has emerged as a technological solution for organizations struggling with data access and privacy compliance. As a privacy-enhancing technology, it has grown in popularity over the past years, with new predictions forecasting that by 2024, 60% of data used for AI and data analytics will be synthetic. But what is the reality of synthetic […]
Solving Three Data Problems with Data Observability
Data collection, while crucial to the overall functionality and health of a business, does not automatically lead to success. If data processes are not at peak performance and efficiency, businesses are just collecting massive stores of data for no reason. Data without insight is useless, and the energy spent collecting it, is wasted. Effective use […]
16 Internal Data Management Best Practices
In today’s digital world, data is undoubtedly a valuable resource that has the power to transform businesses and industries. As the saying goes, “data is the new oil.” However, in order for data to be truly useful, it needs to be managed effectively. This is where the following 16 internal Data Management best practices come […]
How to Build Data Governance Programs That Last: A Business-First Approach
Data analytics and AI play an increasingly pivotal role in most modern organizations. To keep those initiatives on track, enterprises must roll out Data Governance programs to ensure data integrity, compliance, and optimal business value. Data Governance has become a fundamental element of success, a key to establishing the data integrity framework in any business. The […]
Data Quality Dimensions Are Crucial for AI
As organizations digitize customer journeys, the implications of low-quality data are multiplied manyfold. This is a result of new processes and products that are springing up. Since the data from such processes is growing, data controls may not be strong enough to ensure the data is qualitative. That’s where Data Quality dimensions come into play. […]
How to Take Advantage of Data Commerce Platforms
In today’s digital world, data has become critical to the success of companies across all industries. The highest-performing organizations utilize data to make better business decisions, generate new revenue streams, and grow faster than their competitors. But getting the exact data they need, and monetizing the data they already have, can be difficult. That’s where […]