Data Governance
Enterprises today need to view data as a valuable asset that can:
- Provide a competitive advantage and support growth
- Act as an enabler for improvement
- Foster communication and collaboration
- Increase consistency & confidence in decision making
These can be achieved through the establishment of a successful Data Governance program. Data Governance consists of the organization, processes and enabling technologies that manage how the organization’s data is defined, controlled, utilized, and accessed in an effective manner. The goal of Data Governance is to ensure the highest quality, highest value data assets obtained from all relevant and appropriate sources are available to all data consumers who need access with all necessary and appropriate controls. Data Governance comprises a set of related organizational, process and technical capabilities that are critical to ensuring that data is recognized and managed as an important organizational asset. These include:
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- Information Integrity (end to end data quality)
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The concept of Information Integrity is the key to realizing the benefits of Data Governance and in fact, to all aspects of a business intelligence environment. Information Integrity can be defined as the processes, procedures and tools that ensure that the information delivered via the business intelligence environment consistently and accurately reflects the intent of the business. A key component of Information Integrity is Data Quality for which Edgewater offers a complete service offering to complement the Data Governance solutions. Master Data Management, or “MDM”, is often linked to implementation of a Data Governance program. The implementation of a Data Governance program can be daunting to any organization. Edgewater believes the most practical approach to implementing Data Governance is through the incremental delivery of capabilities towards a defined target state. The initial phases focus on establishing the critical organization, process and technical capabilities which will act as the foundation for all future activities. Incremental delivery of data governance and information integrity capabilities provides:
- Flexibility in addressing changing business needs
- Ability to implement those capabilities that are deemed to be more critical to the organization in a timely manner
- Ability to realize return on investment more quickly
- Ability to align delivery of capabilities with related business intelligence releases
A data governance implementation roadmap provides the blueprint for the realization of the capabilities based on your unique requirements and target end state. \Edgewater can assist regardless of where you are on your Data Governance journey. Our Data Governance services include:
- Data Governance Assessment and Gap Analysis
- Requirements and Prioritization
- Roadmap Development
- Data Quality and MDM Services
- Assistance with organizational design and roles definition
- Ongoing guidance and participation as trusted advisor to your Data Governance Program