Tag Archives: risk and compliance

Reflecting On Data Quality In 2011

With just a few days remaining in what has been an eventful year, I thought I’d take some time to reflect on the world of data quality as I’ve observed it over the past twelve months.  While the idea of data quality improvement in general didn’t change much, the way that companies are viewing and approaching it most certainly have.  Here are three areas that seemed to come up quite frequently:

Data governance awareness grew

In thinking about all the customer interactions that I was involved in throughout the year, it’s hard to come up with one where the topic of data governance didn’t surface.  Whereas before, the topic of data governance only seemed to come up for companies with more mature data management organizations, now it seems everyone is looking to build a governance framework in conjunction with their data quality efforts.  Furthermore, while previously the conversation was largely driven by IT, now it’s both IT and business stakeholders that are looking for answers to how data governance can help them drive better business outcomes.  In increasingly competitive market conditions, we can only expect this trend to continue.  Whether it’s focused on increasing revenue, driving out cost or managing risk and compliance, data quality with data governance is where companies of all sizes are turning to create and sustain a differentiated edge.   Trends like big data will only make this need more acute. (more…)

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Posted in Business/IT Collaboration, CIO, Data Quality, Governance, Risk and Compliance, Uncategorized | Tagged , , , , , , , | 1 Comment