Holistic data governance means you’re managing data completely across the organizational, architectural, and political silos in your company. This requires aligning people, process, policy, and technology to ensure the delivery of trusted, secure data so you can meet industry regulations, reduce the cost of doing business, and grow revenue.
If you ignore the need for data governance and management, you’re missing out on revenue, market share, and product portfolio growth, as well as optimized customer experiences and more efficient supply chains.
Many catalysts might set you on the path to data governance. In highly regulated industries like banking and healthcare, data-related compliance deadlines may be the driving force.
You may invest in data governance to support your business growth objectives, using data as an asset for competitive advantage, to improve up- and cross-selling, or to increase customer retention. Or perhaps you see data governance as a critical opportunity to support bottom-line objectives, reduce costs and improve business efficiencies, or optimize the complex process of ongoing mergers and acquisitions.
Regardless of your industry, data governance helps you optimize the business value from your data. Effective data governance addresses data quality and security requirements no matter where the data resides or is captured or consumed.
Informatica’s solution supports today’s data governance practices with:
The goal of data governance is to ensure data delivers business value. After all, data is merely the means to an end—and that end is improved business performance.