Data governance is defined as the overall management of the availability, usability, integrity, and security of data used in an enterprise. A structured data governance program includes a managing body, a defined set of procedures, and a plan to execute these procedures. Today almost all organizations have migrated their data assets to the cloud. To manage these data, their data governance framework should have the following key components:
· A framework that enables people to define, agree to and enforce data policies
· Effective processes for control and management over all data assets in the cloud and in legacy systems
· The optimum tools and technologies for operationalizing data policy compliance
The benefits of Data Governance are many:
· Improved decision making
· Better risk management
· Regulatory compliance
How do you manage your Data? Please share your experiences with us.