Dresner Offers New Market Insights into Data Governance and Cataloging for the Modern Enterprise

In a world increasingly driven by data, Dresner Advisory Services' latest market studies reveal pivotal insights into the adoption and importance of data governance and cataloging in modern enterprises. Two new reports released — the Dresner Advisory Services 2024 Edition Data and Analytics Governance Study and the 2024 Edition Data Catalog Study — deliver valuable insights into the market landscape, vendor evaluation, technology trends, use case examples and industry-specific details. The findings highlight the evolving dynamics of data management and the role of companies like Informatica in leading this transformation.

The Dresner studies shed light on the state of data and analytics governance and data cataloging, with some key insights summarized below:

• Informatica's Leadership: Informatica stands out with a No. 1 ranking¹ in data catalog offerings, based on its confluence of data catalog and metadata management features, reinforcing its position as a leader in data quality and governance capabilities.

• Data Governance and Catalog Importance: In 2024, governance ranks 15 among the 63 business intelligence technologies/initiatives,² and it consistently ranks around this level over recent studies. Data cataloging ranks 17,³ suggesting a growing recognition of the critical role that data catalogs play in data governance.

• Governance Challenges: Less than a third of organizations have a formal governance structure, and 69% struggle to find data and analytic content.⁴ This highlights a paradox as businesses increasingly rely on rapid data-driven decisions, facilitated by machine learning and artificial intelligence (ML/AI) integration, “Yet” as Dresner notes, “relatively few organizations address governance on a deliberate and comprehensive basis.”⁵
• Catalog Challenges: Dresner’s 2024 Data Catalog Study goes on to clarify the essential features customers seek in data catalog solutions. It also reveals that “a significant majority (82%) of organizations have no data governance/catalog solution in place as part of their governance program.”⁶ Data catalogs are considered critical across most industries and vital to various business functions, especially business intelligence/analytics competency centers (BICC), sales, marketing and R&D.
• Siloed Solutions: Many current offerings, such as data quality, data governance, etc., come from the domain silo in which they originated. Given this, it should come as no surprise that 69% report some level of difficulty in finding data and analytic content.⁷ This presents an interesting challenge as the demand for high-quality, reliable data grows in line with its increased use in driving business decisions and operations.

• Significant Opportunities: Despite challenges, the high value placed on data catalogs by over 80% of respondents highlights significant untapped market interest and points to the importance of data catalogs in developing a broader data governance framework, supporting the process, people and technology.⁸

These findings underscore that effective data governance and cataloging are strategic imperatives, not merely operational requirements. Data is crucial for business decision-making and innovation, necessitating robust data governance frameworks to maintain data integrity, accessibility and security.

Integrating machine learning and AI technologies into modern enterprises further strengthens the need for high-quality data management. However, as the Dresner studies indicate, many organizations still face basic governance challenges. Progress requires evolving from siloed solutions to integrated platforms that provide seamless data management.

Dresner concludes in its 2024 Edition Data and Analytics Governance report, the “Current solution landscape and implementation in support of governance is comprised of a spectrum of solutions that reflect the history of the domain silo from which they originated (e.g., data quality, data governance, MDM, data catalog, etc.). We anticipate vendor offerings will evolve over time in the direction of more holistic, comprehensive governance capabilities.”⁹

This highlights the need for an end-to-end solution built for the future of data governance, such as the Informatica Intelligent Data Management Cloud (IDMC) platform.

IDMC can help you overcome the key challenges to your success. It provides comprehensive cloud-native and AI-powered data management capabilities, without sacrificing best-of-breed depth, as well as complete breadth:

• Cloud Data Governance & Catalog combines data governance, data catalog and data quality capabilities into a singular tool for automating data intelligence insights. It offers data discovery, lineage, profiling, quality, glossary, stakeholder and policy management, plus AI model governance. CDGC employs AI to scan metadata, ensuring effective compliance management, essential for AI systems governance.
• Data Integration utilizes elastic and serverless computing to access and combine data at scale, connecting structured and unstructured data sources, such as social media platform data, app information, payment tools, CRM, ERP reports, etc., so you can make smarter business decisions.
• API and Application Integration connect your applications and automate end-to-end business processes and workflows, reducing the effect of siloing through intelligent automation.
• Data Quality automation ensures consistent, trusted and governed data across the enterprise, ranked as the second most strategic technology in the Dresner report for business. Operationalizing AI models with high-quality, trustworthy data enhances their accuracy, which can boost revenue and profitability.
• Master Data Management (MDM) and 360 Applications enable you to innovate with 360-degree views of data and trusted intelligent insights, connecting multiple domains into an enterprise-wide view of the business.
• Data Marketplace offers the industry’s only cloud-native, AI-powered solution for data sharing that can enable better workforce productivity by empowering governed, trusted, self-service access for all data consumers.
• Cloud Data Access Management can help reduce regulatory risk by ensuring the accuracy and protection of sensitive data and sharing the right data with the right users with protected data request workflows.

With Informatica, you don’t have to settle for single-point solutions that limit your ability to scale and lack a broad set of integrated data management services – you can have it all! Dresner highlights data and analytics governance and cataloging, both available from Informatica as a single service — Cloud Data Governance and Catalog (CDGC) as part of IDMC.

CDGC not only offers a comprehensive and integrated solution with extensive governance and cataloging capabilities, but it also meets enterprise needs with a scalable, flexible, cloud-native offering on the IDMC platform. This platform enables AI-powered seamless application integration and includes a wide range of market-leading data management services.

Contact us to get your free copy of both reports!

¹Dresner Advisory Services, 2024 Wisdom of Crowds Data Catalog Market Study (June 17, 2024).

²Dresner Advisory Services 2024 Wisdom of Crowds Data and Analytics Governance Market Study (June 17, 2024).

³Dresner Advisory Services, 2024 Wisdom of Crowds Data Catalog Market Study (June 17, 2024).

⁴Dresner Advisory Services 2024 Wisdom of Crowds Data and Analytics Governance Market Study (June 17, 2024).

⁵Ibid.

⁶Dresner Advisory Services, 2024 Wisdom of Crowds Data Catalog Market Study (June 17, 2024).

⁷Dresner Advisory Services 2024 Wisdom of Crowds Data and Analytics Governance Market Study (June 17, 2024).

⁸Dresner Advisory Services, 2024 Wisdom of Crowds Data Catalog Market Study (June 17, 2024).

⁹Dresner Advisory Services 2024 Wisdom of Crowds Data and Analytics Governance Market Study (June 17, 2024).