To embark on data governance in an enterprise that spans divisions and diverse stakeholders, a well-defined operating model plays a vital role in achieving expected business benefits. Data mesh is a new concept that encourages data democratization within an organization in a decentralized way by promoting data products. Unlike the vintage architecture, which is centralized, data mesh […]
Master Data vs. Reference Data
The terms “master data” and “reference data” can be confused fairly easily. Both provide data that changes only occasionally over time and provide data that is designed to be accurate and up to date. Master data provides the accurate information needed for business transactions that are critical to the running of a business – the […]
What Is Data Privacy? Definition, Benefits, Use Cases
Data privacy describes a set of principles and guidelines to ensure the respectful processing, protection, and handling of sensitive data linked to a person. This concept ties to who can define, observe, use, and control a person’s information and how. Typically, privacy spans two types of levels: implicit rules and written legislation. Implicit rules cover norms, behaviors, and values […]
Women in Data: Meet Dr. Christina Sandema-Sombe
The latest installment in our Q&A series with women leaders in data features Dr. Christina Sandema-Sombe, chief data steward of Nike, Inc. (Read our previous Q&A here.) Dr. Christina Sandema-Sombe first learned the joys – and challenges – of working with data as the global impact measurement lead at a humanitarian aid organization. Over a decade […]
Managing Software Entitlements and Billing: How Usage Data Supports Streamlined Processes
At some point in your life, you’ve probably joined a gym. In doing so, you had to decide what type of membership was right for your fitness goals and at the right price point for your budget. Maybe it was an all-access pass, billed monthly or annually, with unlimited use of the facility, including the […]
What Is Data Reliability and Why Do You Need It?
“Can I trust this data?” In the dawning age of artificial intelligence (AI), this question becomes increasingly critical for individuals and organizations. Data reliability is the cornerstone of an organization’s data-driven decision-making. A recent survey from Precisely identified data-driven decision-making as the primary goal of 77% of data initiatives, yet only 46% of organizations have high or very […]
Why the Slowdown of Kryder’s Law Spells Urgency for Sustainable Archival Storage
Kryder’s Law, named after Mark Kryder – the former SVP of research at Seagate Technology – is an observation comparable to Moore’s Law but specifically related to the area of magnetic disk storage. It posits that the density of information stored on magnetic disks is increasing exponentially, doubling approximately every 18 months. Kryder’s Law, much like Moore’s […]
Why It’s Time to Rethink Generative AI in the Enterprise
If you’ve been keeping an eye on the evolution of generative AI (GenAI) technology recently, you’re likely familiar with its core concepts: how GenAI models function, the art of crafting prompts, and the types of data GenAI models rely on. While these fundamental components within GenAI remain constant, the way they’re applied is transforming. The […]
Fundamentals of Data Classification
The process of data classification can be broadly described as the organization of data into relevant categories, allowing it to be accessed and protected more efficiently. In the simplest terms, the data classification process ranks data based on its security needs and makes it easier to locate and retrieve data. Classification is especially useful to […]
Creating a Data Monetization Strategy
A data monetization strategy is an executable plan for extracting “value” from data and converting it into revenue-generating opportunities. It involves analyzing and leveraging data to uncover insights that can be used to drive business growth, enhance customer experiences, and create new revenue streams. Organizations collect large volumes of raw data from various sources such […]