A decade ago, governance was dictated and enacted by a select group of people. Today, while the principles of governance are largely owned by the same select group of people, everyone has a hand and shared responsibility in the enactment and fulfillment of governance.
No matter what site you search, it’s pretty clear that self service data is a top trend in the data market today. The knowledge and insight that we can obtain from data is truly a secret weapon. But the challenge is making the data available while keeping it trusted and governed.
Data is often the catalyst that drives business direction and growth. However, if data is cryptic and not understood, then how can such data contribute to such direction or growth? Just like in life, we learn from our past, as we gain direction and insight from previous events or activities to make
The need for information is paramount to our need to excel and succeed. Businesses rely on information for strategic planning and driving growth. Individuals rely on information to make decisions and gain understanding of things. All information is driven by knowledge, and for knowledge to be an
IBM Insight at World of Watson 2016 had a lot of worldwide focus on cognitive capabilities and their application in analytics, commerce and security. And yet, the General Data Protection Regulation (GDPR) adopted in 2016 and applicable in 2018, seemed to garner quite a bit of interest among
The complexity of multiple data sources contributing to the rising tide of data has executives at many enterprises up at night because of concerns involving risks, regulations and compliance. See why information governance is especially vital in today’s complex ecosystem of voluminous data sources
Data scientists and others often encapsulate big data by its dimensions known as the four Vs: volume, variety, velocity and veracity. But when considering big data as a source for insight to enhance decision making, it may be best characterized by its three Cs—confidence, context and choice—with
Solving a particular challenge requires understanding it before commencing to solve it. The astronauts on the Apollo 13 mission in 1970, for example, had to apply logic when they suddenly found themselves in the direst of circumstances, and they were able to find solutions through the use of data
The average person makes as many as 35,000 decisions during any given day, and that begs a question: How many decisions does a business make during the same span of time? If your analytics tools don’t have good data, you probably aren’t getting useful or timely answers to inform your decisions.
Organizations must seize sustainable competitive advantage hidden within information silos. This is critical to achieving customer centric objectives and business results. Here are 10 ways master data management (MDM) delivers sustainable competitive advantage.
Some process reengineering initiatives that were all the rage some two decades ago fell short of producing tangible changes within organizations. And the same dearth of measurements for assessing data quality improvements could mean the same fate for today’s information governance initiatives. See
Understanding your data’s life cycle can help you lay a solid foundation for your business analytics, preserving the integrity of your data even as you define that data, track it and use it to drive your business decisions. Find out how keeping tabs on your data lineage can empower your information
Regulations to protect the banking industry’s institutions, consumers and the economy continue to evolve, which escalates the complexity of banks’ imperatives to ensure accuracy, completeness and lineage of data. The IBM InfoSphere Information Governance Catalog offers banks an easily accessible,
A master data management (MDM) strategy can help businesses make intelligent business decisions and avoid unnecessary expenses while enabling efficient deployment and saving time spent on implementation. Discover the four essential capabilities of a strong MDM solution and how they can help you
Data can be the lifeblood for empowering healthcare organizations to proactively enhance patient outcomes. See how two healthcare entities applied master data management to innovate successful healthcare initiatives.