Billions of things with sensors surround people and their lives. These Internet of Things (IoT) interact with people, homes, factories, workplaces, cities, farms, and vehicles. Gartner predicts that by 2021, IoT technology will be in 95 percent of electronics for new product designs, from wearables to medical devices and beyond. IoT promises useful information, allowing […]
Metadata Management and Analytics: What is the Intersection?
Metadata Management implies a set of activities, which administer data for better usage and outcomes. Thus, this practice involves establishing stringent roles, responsibilities, policies, and processes to ensure that data-driven information is available, accessible, sharable, and maintainable across an organization for the best analysis and application of such information in daily business. In that sense, Metadata […]
Defining Purpose, Scope, and Objectives in a Data Governance Policy
Click to learn more about author Steve Zagoudis. In the last blog, we defined how to determine the target audience for a Data Governance policy. In this blog, we will begin to define the actual Data Governance policy. There are at least two primary documents that govern most working groups or committees. The first is […]
CPRA and the Future of Enterprise Data Responsibility
Click to learn more about author Anne Hardy. On November 3, California voters passed the California Privacy Rights Act (CPRA). The new law expanded upon the existing California Consumer Privacy Act (CCPA) and brought its regulation closer to the gold standard of privacy regulation — the EU’s GDPR. The law’s focus on sensitive personal information, […]
Demystifying Master Data Management
Thomas Edison may have understood the importance of Master Data Management before the term was formally coined. He said, “The value of an idea lies in the using of it.” While ideas in the early 20th century relied on thoughts and things, ideas in this information age depend on data. Take reference data: unchanging tags […]
Lacing Up EDI and API to Win the Omnichannel Race: Is the Boot on the Other Foot?
Click here to learn more about John Thielens. The COVID-19 pandemic has significantly amplified the demand for companies to seamlessly handle omnichannel exchanges, as reported by a recent Nielsen study. In addition, as a result of the pandemic, work-from-home and remote management requirements have forced enterprises to adopt cloud-hosted applications. Enterprises that had previously relied […]
An Introduction to Metadata Management
Click to learn more about author Sowmya Tejha Kandregula. According to IDC, the size of the global datasphere is projected to reach 163 ZB by 2025, leading to the disparate data sources in legacy systems, new system deployments, and the creation of data lakes and data warehouses. Most organizations do not utilize the entirety of the data […]
Data Governance Can Create “Data Trusts” for Consumers in Organizations
Click to learn more about author Tejasvi Addagada. In the past few months, Firms have accelerated digital transformation across multiple journeys of on-boarding and servicing customers. This has been possible by integrating and aggregating Multi-sources as well as taming the ‘Data Swamps’ to deliver quality data. Platform Governance is the mantra to a healthy delivery of […]
Do Fines Motivate Data Governance? Do the Math!
Click to learn more about co-author John Ladley. Click to learn more about co-author Thomas Redman. It’s hubris to think that the way we see things is everything there is.” — Lisa Randall Recently, Citi Group was fined $400 million by the Office of the Comptroller of the Currency (OCC) “… related to deficiencies in […]
Why Data Privacy and Data Governance Will Be Even More Mission-Critical in 2021
Click to learn more about author Balaji Ganesan. 2020 was certainly a year of surprises, and perhaps the most acute lesson learned by businesses and consumers alike is that nothing is impossible. Looking within the lenses of Data Management, data security, and privacy, the same holds true. The internet is awash with data that is […]