When it comes to democratizing data use across the enterprise, you could say that we are experiencing a perfect storm. Along with accelerating cloud services adoption by way of application modernization—and building out cloud data warehouses and data lakes for teams to improve collaboration—we now have to address and resolve an increasing number of trust considerations, as our data moves into new frontiers for ease of use, greater elasticity with growth, and operational efficiencies.
The challenges are clear.
Today we have more data, more data consumers, and more regulations that govern proper data use than ever before. To arrive at our end game of safe and trusted data democratization and create more business value that can drive new revenue initiatives, we need to apply automated, analytic insights that enable the visibility needed to make intelligent, guided, decisions on appropriate data use, whether in the cloud, on premises, or wherever value will be created in the future.
However, a quick look on recent stats paints a picture of today’s reality with clear room for improvement.
Data quality and data governance are consistently ranked as the top 2 to 3 challenges in data management. As data democratization gets underway, the number of non-technical data consumers who want easy self-service access to data, but at the same time are not well-prepared to use data effectively, continues to grow. Why is that?
Data quality and privacy as expected outcomes of your data governance journey are critical to supporting enterprise-wide data literacy to drive business value with trust assurance. Reducing operational risks and empowering responsible data use are key. So, how can data governance become an accelerator rather than a liability? Let’s take a closer look.
To be successful in the age of Data 4.0, where AI and automation can accelerate value creation results, requires a foundation of trusted data to democratize data use across the organization with your data marketplace, migrate data to untrusted environments such as public or private cloud with confidence, and modernize data analytics programs.
Ultimately it helps the enterprise data community answer critical, relevant questions with transparency and much-needed insights, such as:
Your data community needs to enable the various lines of business to deliver on trusted value creation opportunities with data quality assured, all while protecting privacy to align with internal and external mandates (the GDPR, the CCPA, LGPD, PDPA, and others). For data stewards, the ideal end state is for data consumption to be governed appropriately, in line with enterprise policies for data exposure and use that generates expected value, while minimizing risks.
Featured in our Data Governance & Privacy Winter Product Launch, Informatica is continuously innovating to drive greater analytic insights from metadata, not only through greater shared intelligence across Informatica’s data governance products that are built and integrated on a common platform, but by expanding the use of data asset and risk analytics that deliver greater insights for guided decisions, typically by applying intelligent, automated controls.
By understanding data quality, data risks and protection status, and monitoring appropriate use for whether it aligns to enterprise data governance policies, data stewards, CDOs, CPOs and others can automate intelligence gathering to expose data responsibly, whether building out a marketplace, migrating data to the cloud, or beyond.
Here’s a quick summary of this winter’s product launch highlights:
Would you like to expand your data asset value intelligence and data risk insights to democratize data with trust? Unleash revenue creation opportunities and migrate to the cloud with confidence? Apply enhanced capabilities for data discovery, lineage, and privacy protection to accelerate your data governance journey?
Watch this year’s on demand winter launch to learn more by signing up to hear from product strategy experts about the roadmap ahead and see the latest hands-on demos!
And check out these other useful resources: