We see that data governance is getting increased attention in organizations. Knowing what data you exactly have, how it is all related, and what kind of data it is of great interest to many – and more than you think – stakeholders in your organization.
Gartner shared some good insights and statistics on data governance:
Data and analytics leaders, including CDOs, must ensure their data and analytics assets are well-governed to enable business strategy and enterprise priorities.
Forty-two percent of data and analytics leaders do not assess, measure or monitor their data and analytics governance, according to a recent Gartner survey. Those who said they measured their governance activity mainly focused on achieving compliance-oriented goals.
Good data and analytics governance enables faster, smarter decisions. Organizations that want to improve the quality of their data often begin with data and analytics governance projects.
Companies start data and analytics governance initiatives to drive better information behaviors through their policies. These policies help maximize the investment that organizations have not just in data and analytics, but also content (pictures, voice recordings, emails, etc.) coming from AI and IoT, for example. However, governance practices continue to be data-oriented rather than business-oriented.
Read more via source : Gartner.com