FD Insights Issue 12 | Page 19

I n recent months I have increasingly been asked to assist cloud customers with thinking around how they manage their data and classify same within a broader legal framework of legislation [such as PoPI]. The issue of data classification rightly falls into a wider set of considerations regarding how businesses should be managing their data and the all up governance of such data. It is therefore appropriate to address the three tiers around issues in this space, namely: (1) Governance of Data, (2) Data Governance/Management and (3) Classification of Data (the latter two matters being a subset of consideration of the former). Since the subject matter is fairly broad I have decided to address each separately in a series of articles, focusing on the specific topic matter. This article will address the first tier responsibility that organizations need to put in place around the governance of data. A. The Governance of Data - Where We Find Ourselves It is not uncommon to hear talk of and the related value and benefits of the “Internet of Things, Big Data, Data Analytics, Machine Learning”. To quote Marc Benioff: “The world is being re-shaped by the convergence of social, mobile, cloud, big data, community and other powerful forces. The combination of these technologies unlocks an incredible opportunity to connect everything together in a new way and is dramatically transforming the way we live and work.” Nowhere is this transformation more apparent than in cloudbased services. By their nature cloud services offer a rich and near endless source of data for us to manage and if correctly managed, from which we can extract value. While one sees cloud service providers securing their environment to offer a more reliable and trusted service, users of cloud services may find daily management of data and relate extraction of value and benefits, an increasingly complex aspect of their businesses. 17 | www.firstdistribution.co.za