Intelligent CIO Africa Issue 22 | Page 19

LATEST INTELLIGENCE DATA MANAGEMENT D ata: It’s the lifeblood of today’s enterprise. This eGuide is aimed at helping you consider the role of data in your organization, and how to best manage, secure, and protect this most precious asset. Why data governance? Data governance used to be a nice-to- have, but due to the increasing focus and importance of data and analytics, it’s becoming a necessity that helps to drive data management across the enterprise. By Nancy Couture | Enterprise Data Management (EDM) seems to be at the top of many organizations’ strategies for 2018, as the importance of data to organizations continues to grow exponentially. EDM plans may include modernizing an existing data warehouse to enable near-real- time data, building a big data environment to support deeper analytics, focusing on and increasing digital capabilities and associated analytics, moving existing data and analytics to the cloud, increasing analytics capabilities in the organization, or most likely a combination of these. Data governance is a key component of EDM, and is also taking on a higher level of importance. Some of the key trends that are causing a greater need for data governance include: • Increasing data volumes from more and more sources, causing data inconsistencies that need to be identified and addressed before decisions are made using incorrect information • More self-service reporting and analytics (data democratization), creating the need for a common understanding of data across the organization • The continuing impact of regulatory requirements such as GDPR, making it even more important to have a strong handle on what data is where, and how it’s being used • An increasing need for a common business language to enable cross- departmental analysis and decisions n Download whitepapers free from www.intelligentcio.com/me/whitepapers/ www.intelligentcio.com INTELLIGENTCIO 19