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Data Governance & IT's Increasing Importance

Data Governance

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Mitul Kirtania
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0% found this document useful (0 votes)
17 views

Data Governance & IT's Increasing Importance

Data Governance

Uploaded by

Mitul Kirtania
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as KEY, PDF, TXT or read online on Scribd
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DATA GOVERNANCE

AND IT’S INCREASING


IMPORTANCE
Presented by: Mitul Kirtania

P
AGENDA

1.

1. Data Management
2. Data Governance
3. Why organizations need to govern data
4. Data Governance Facets
5. Ever increasing Importance of Data
Governance

P
DATA MANAGEMENT

The practice of collecting,


organizing, and accessing data to
support productivity, efficiency, and
decision-making.

P
DATA GOVERNANCE

Setting internal standards—


data policies—that apply to
how data is gathered,
stored, processed, and
disposed of

P
DATA GOVERNANCE FACETS

POLICIES & DATA DATA QUALITY


REGULATIONS CATALOGS (DQ)
Data Privacy & Protection Organized inventory Data Discovery
e.g. GDPR (EU) & Digital Personal Data of Data Assets / Data Profiling
Protection Act (India) Metadata Critical Data Elements & DQ
Data Security Management rules
Data Retention DQ Monitoring
Data Classification DQ Reporting
Data Residency/Localization Data Issue Management
P
WHY ORGANIZATIONS NEED TO GOVERN DATA

Avoid inconsistent data silos in different department & BU(s)


Agree on common data definitions for a shared understanding of data
Improve data quality through efforts to identify & fix errors in data sets
Increase analytics accuracy & give decision-makers reliable information
Implement & enforce policies that help prevent data errors and misuse
Ensure compliance with data privacy laws & other regulations

P
EVER INCREASING IMPORTANCE OF DATA
GOVERNANCE
1.

1. Competitive advantage in AI & ML SPACE


2. Risk of data breaches
3. Country specific regulations

P
THANK YOU

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