Business Finally Recognizing the Importance of DG

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New York, December 14th 2011by Angela Guess

Commenting on Rob Karel’s analysis regarding enterprise architecture trends, a new article reports, “According to their research, leading firms are recognising the importance of data governance to the success of many other initiatives, including master data management. As a result, data governance is reemerging as a key focus for 2012. The research also shows that data governance, data quality and master data management initiatives require a joint business and IT commitment for success. This is still a lesson that most companies need to learn – but leading companies are now recognising the critical nature of data governance for successful enterprise data and process initiatives to succeed.”

The article also states, “In financial services we have seen a shift away from a risk centric view towards a data centric view. Our clients are recognising that data that is being used for more that one purpose must be measured against the needs of all key role players – and are using Trillium Discovery to achieve this. It boils down to a practical application of data governance to address an immediate business need. ‘We know we have data quality issues that are affecting key business processes. We don’t know what these are so we don’t know where to begin to fix them!’ Simple metrics that support the business, delivered with a tool that can be used by the business, allow the second question to be answered.”

Read more here.

Creative Commons License photo credit: bleu man

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