November 14, 2023
Via: DATAVERSITYMaster data management uses a combination of tools and business processes to ensure the organization’s master data is complete, accurate, and consistent. Master data describes all the “relatively stable” data that is critical for operating the business. This includes semi-permanent […]
November 10, 2023
Via: DATAVERSITYData Governance, as currently practiced, is failing. There have been some successes, but by and large, even these efforts have fallen short. Worse, many of those tasked with contributing to Data Governance find the effort painful. We have enormous sympathy […]
November 9, 2023
Via: DATAVERSITYIn today’s data-driven world, where every byte of information holds untapped potential, effective Data Management has become a central component of successful businesses. The ability to collect and analyze data to gain valuable insights is the basis of informed decision-making, […]
November 8, 2023
Via: DATAVERSITYUsing metadata management best practices helps to maximize the value of the data stored by an organization. Finding the right data after it has been placed in storage can be difficult if the storage system has no organization. Metadata is […]
November 7, 2023
Via: DATAVERSITYBusinesses are generating vast amounts of information every second. Traditional data warehouses, which were once considered the gold standard for handling and analyzing large datasets, are struggling to keep up with the rapid pace of data growth and evolving analytics […]
October 26, 2023
Via: DATAVERSITYA Data Governance specialist is responsible for deploying and enforcing policies and procedures that ensure data is used and maintained properly. Some organizations confuse the title “Data Governance (DG) Specialist” with the title “Data Governance Manager.” The DG specialist is […]
October 25, 2023
Via: DATAVERSITYWe exist in a diversified era of data tools up and down the stack – from storage to algorithm testing to stunning business insights. In fact, it’s been more than three decades of innovation in this market, resulting in the […]
September 26, 2023
Via: DATAVERSITYWithin the last several years, the marketplace has shifted from industrial-produced to data-based. Consequently, many companies have a strong drive to become data-driven, from financial firms to nonprofits. Yet, when C-suite managers and others discuss making money from data, they […]
September 18, 2023
Via: DATAVERSITYAs some of you already know, I am dedicating these summer days to the writing of my new book, “99 Questions About Data Management,” which follows in some way the book “20 Things You Have to Know About Data Management.” […]
September 18, 2023
Via: DATAVERSITYAI-based business models and products that use generative AI (GenAI) are proliferating across a wide range of industries. The current wave of AI is creating new ways of working, and research suggests that business leaders feel optimistic about the potential […]
September 11, 2023
Via: DATAVERSITYOrganizations have become highly data-centric in the past years, increasing complications and costs as the volume of data rose. However, data integrity issues alone cost organizations $12.9 million annually, on average, according to Gartner. Because of this, data professionals have […]
September 1, 2023
Via: DATAVERSITYInformation is power, and the ability to put information into the hands of those who can quickly act on it separates the leaders from the laggards in any market. Everyone in an organization – from HR professionals leveraging data to […]
August 30, 2023
Via: DATAVERSITYMaster Data Management (MDM) is an important method for developing and maintaining the uniformity and accuracy of the organization’s shared “master data.” Master Data Management allows businesses to improve the accuracy and uniformity of their important data assets, such as […]
August 16, 2023
Via: DATAVERSITYThe term “big data” is no longer the exclusive preserve of big companies. Businesses of all sizes increasingly see the benefits of being data-driven. Various factors have moved along this evolution, ranging from widespread use of cloud services to the […]
August 14, 2023
Via: DATAVERSITYData contracts are formal agreements between a data provider and a data consumer. They abstractly describe the data as well as the exchange structure, format, and characteristics and schema of information. Why is a data contract required? Data contracts establish […]
August 11, 2023
Via: CMSWireData is the kernel of any business in today’s evolving digital landscape, empowering organizations to make better decisions, drive innovation and provide enhanced customer experiences. However, the digital channel explosion, subsequent proliferation of touchpoints and demand for personalized experiences have […]
August 9, 2023
Via: DATAVERSITYIn today’s tech-driven world, with 120 zettabytes generated annually, most of us already use data – and lots of it. “Everyone who reads a paper or scrolls through the Internet is already acquainted with data,” said Wendy Lynch, founder of […]
August 8, 2023
Via: DATAVERSITYCreating a data maturity model can be useful for a business that is shifting from minimal use of its data to maximizing its potential. A data maturity model is a blueprint that can help determine the best ways to improve […]
August 2, 2023
Via: DATAVERSITYThe term “data fabric” refers to a complete architecture combining physical hardware layers, system processes, and virtual layers to allow data across systems to be accessed, managed, and analyzed at a single location. At the heart of data fabric tools […]
July 26, 2023
Via: DATAVERSITYWith the increasing amount of data available, businesses need to have a clear, enterprise-wide plan on how to collect, analyze, and use data to make informed decisions. A well-laid-out plan or “Data Strategy” can help businesses identify gaps and take […]