Tag Archives: Data Governance
I’m glad to hear you feel comfortable explaining data to your friends, and I completely understand why you’ll avoid discussing metadata with them. You’re in great company – most business leaders also avoid discussing metadata at all costs! You mentioned during our last call that you keep reading articles in the New York Times about this thing called “Big Data” so as promised I’ll try to explain it as best I can. (more…)
If the recent MDM and Data Governance Summit was any indication, Master Data Management is an extremely hot topic these days. The summit was highly successful, drawing over 400 attendees comprised of business users and architects of every stripe.
I want to highlight one presentation that spoke to me directly. Quintiles is a company you may remember if you went to Informatica World 2013. Quintiles provides biopharmaceutical development and commercial outsourcing services via a vast network of over 27,000 employees across the globe. At the summit, John Poonnen, Quintiles’ director of product engineering, told of the company’s journey to multidomain MDM, which was key to enabling a web-based platform for delivering real-time insights into patient, study, site, and program activities. Poonnen presented to an audience of over a hundred technology and business professionals. (more…)
We’ve posted three compelling new articles to the Potential at Work for Information Leaders site, including:
- “Will the real Chief Data Officer please stand up?” Some question the need for a new C-level position, arguing that a company’s chief information officer should be the one to oversee an organization’s data. Others argue the CIO is stretched too thin already and a new type of leader must emerge. Where do you stand?
- “Introducing a ‘define once, govern everywhere’ data management style” The sanity afforded by defining data standards only once and applying them anywhere will create time to investigate innovative uses for that data. Information leaders will be much more successful if they spend less time managing projects to recode the same rules across every new application, and instead work with business partners to identify new information opportunities.
- “Rise of the machines: the Internet of Things” Are devices that track our every move poised to unlock new potential in humankind or are they just downright invasive? While privacy remains a critical consideration, this article illustrates the global potential if we can effectively leverage big data to harness the emerging Internet of Things.
For these articles and many more, check out the Potential at Work for Information Leaders community today. Available in nine languages, this site will continue to feature fresh, new ideas to promote the value of information management from a variety of top technology leaders.
When I talk to customers about dealing with poor data quality, I consistently hear something like, “We know we have data quality problems, but we can’t get the business to help take ownership and do something about it.” I think that this is taking the easy way out. Throwing your hands up in the air doesn’t make change happen – it only prolongs the pain. If you want to affect a positive change in data quality and are looking for ways to engage the business, then you should join Barbara Latulippe, Director of Enterprise Information Management for EMC and and Kristen Kokie, VP IT Enterprise Strategic Services for Informatica for our webinar on Thursday October 24th to hear how they have dealt with data quality in their combined 40+ years in IT.
Now, understandably, tackling data quality problems is no small undertaking, and it isn’t easy. In many instances, the reason why organizations choose to do nothing about data quality is that bad data has been present for so long that manual work around efforts have become ingrained in the business processes for consuming data. In these cases, changing the way people do things becomes the largest obstacle to dealing with the root cause of the issues. But that is also where you will be able to find the costs associated with bad data: lost productivity, ineffective decision making, missed opportunities, etc..
As discussed in this previous webinar,(link to replay on the bottom of the page), successfully dealing with poor data quality takes initiative, and it takes communication. IT Departments are the engineers of the business: they are the ones who understand process and workflows; they are the ones who build the integration paths between the applications and systems. Even if they don’t own the data, they do end up owning the data driven business processes that consume data. As such, IT is uniquely positioned to provide customized suggestions based off of the insight from multiple previous interactions with the data.
Bring facts to the table when talking to the business. As those who directly interact daily with data, IT is in position to measure and monitor data quality, to identify key data quality metrics; data quality scorecards and dashboards can shine a light on bad data and directly relate it to the business via the downstream workflows and business processes. Armed with hard facts about impact on specific business processes, a Business user has an easier time affixing a dollar value on the impact of that bad data. Here’s some helpful resources where you can start to build your case for improved data quality. With these tools and insight, IT can start to affect change.
Data is becoming the lifeblood of organizations and IT organizations have a huge opportunity to get closer to the business by really knowing the data of the business. While data quality invariably involves technological intervention, it is more so a process and change management issue that ends up being critical to success. The easier it is to tie bad data to specific business processes, the more constructive the conversation can be with the Business.
If you haven’t already, check out the Potential at Work for Information Leaders site. We’ve just posted three great new articles designed to help you be more successful:
- “Driving value without locking down your data” Securing your data doesn’t mean inhibiting its use – far from it. Did you know that effective data masking practices allow information leaders to optimize the value data delivers to the organization while ensuring its security? Some forward-thinking information leaders are doing this and getting great results.
- “How fresh is your data?” Simply delivering data is not good enough anymore. You must get it to the right people at the right time while it is still fresh enough to be useful. Find out how to do it right.
- “Turn an application data migration initiative into a data governance pilot” A data migration effort can accomplish so much more than simply transferring data. Think about using it as an opportunity to improve the quality of existing data and apply new, higher standards to the information powering your organization.
Don’t miss out on topics that are key to your success. Please join the Potential at Work for Information Leaders community today. Available in nine languages, this site will continue to feature fresh, new ideas to promote the value of information management from a variety of top technology leaders.Sign up now!
During Informatica World in early June, we were excited to announce our new Potential at Work Community. You can read Jakki Geiger’s blog introducing the Community to learn more about the goals for this great resource. (more…)
Science fiction represents some of the most impactful stories I’ve read throughout my life. By impactful, I mean the ideas have stuck with me 30 years since I last read them. I recently recalled two of these stories and realized they represent two very different paths for Big Data. One path, quite literally, was towards enlightenment. Let’s just say the other path went in a different direction. The amazing thing is that both of these stories were written between 50-60 years ago. (more…)
I’ve been in the data management industry for over 20 years, and you’ve always been very supportive of my career – even though you admit you have no clue what it is I do for a living. So here’s my best shot at explaining what I do so you can more accurately brag about me to your friends! J
It’s never been a more exciting to be in the data management industry. With more and more organizations looking to make the most of their enterprise data, the need to do things better, faster & cheaper is ever increasing. It should come as no surprise then, that data governance continues to be an important initiative surfacing across industries of all types. Through data governance, organizations are looking to unleash the true potential of data and leverage it for competitive advantage.
Since this is such an important and relevant topic these days, we have a number of sessions next week at Informatica World designed to help your organization drive success with your data governance initiative, regardless of whether you’re just getting started or are looking to drive improvement in your current program. Here are just a few of the highlights surrounding data governance next week:
- Learn how to make data governance a competitive differentiator that identifies critical business processes, decisions, and interactions and establishes policies, processes, roles, responsibilities, and architectures to support them with trusted, secure data.
- Rob Karel, VP of Strategy at Informatica, moderates this panel discussion featuring customers detailing their successful implementations of holistic data governance.
- Learn about the bank’s journey to a successful data governance program, the supporting role Informatica has played, and what lessons other organizations can take away from Wells Fargo’s experiences.
This is just a sample of what’s in store. In addition to compelling sessions, you’ll also have the opportunity to hear and talk with Informatica executives and several of our customers who can help you on your journey to data governance success.
It’s not too late to register for Informatica World, check out the registration page for full program details. I hope to see you there next week in Las Vegas!