Tag "Data Governance"
During a recent customer visit, we got discussing the financial impact of Data Governance. To help explain this point, I thought I’d share some of the more common problems associated with NOT having data governance. By looking at it from this point of view we can get an idea of what the business is doing... more
The global financial services industry processes hundreds of billions of transactions daily. From managing ATM withdrawals and insurance policies to administering payments and buying and issuing securities—financial services institutions generate massive volumes of structured and unstructured data. But what good is all this data if it sits in silos, or if it can’t be used... more
Attending the Gartner MDM Summit in London at the O2, I had the opportunity to hear from Italy’s leading media group RCS Media how they executed a MDM program, powered by Informatica. Giovanbattista Angelini, IT Demand Manager Digital Development presented how he and his team put a 360 view of the customer into action. The... more
Organizations around the world are either beginning to, or have already, accepted that data management can be a key differentiator. At Informatica World Tours, Informatica’s senior executives are sharing four key trends that are influencing data management strategies: Explosion in data New types of data Increase of data in the cloud Increase in the number... more
Somebody at a conference once said to me: “Nobody knows what the role of a Chief Data Officer is, and if they did, they would not take the job!” That was 18 months ago, and even though the definition of the CDO role has clarified a great deal, but the improved role clarity has not reduced the challenge one iota.
I had the pleasure of attending a presentation by a vice president of a regional bank. He led the presentation with this statement, “What is important to our customer is important to our Bank”. Customer success is a key factor for any business, but banks are finding it necessary to compete in today’s environment. This... more
This is the third of three posts covering the core aspects of the next-generation integration competency center that we’re calling Enterprise Data Competency. In previous posts, we started with integration competency—the basic but increasingly challenging task of making all your data streams play nicely together—and then moved to information competency, which is the ability to... more
This is the second of three collaborative posts (Part I) in which David Lyle, Rob Karel and I take an introductory look at the next-generation Integration Competency Center that we’re calling Enterprise Data Competency (EDC). Our first post discussed integration competency, and the need for agility despite escalating complexity. We also considered that most businesses... more
Data integration is complex for most enterprises, but it doesn’t need to be. Even though data integration is a pretty well understood IT discipline, there seems to be a lot of confusion out there, which leads to lots of mistakes being made. Many of these mistakes are very avoidable. To that point, we need to... more
When talking to customers about analytics, I am frequently asked about how to build the business case for data governance for analytics initiatives. That is a great question and my first response is that it is always easier to design it in up front than to try to retrofit it after the fact. But, let’s get back to the question.