No organization is immune to data governance failures. They can be costly and embarrassing for businesses when things go wrong. Data governance is a complex process, and there are many moving data governance solutions for enterprises. For example, data governance solutions include data quality, data security, and data compliance. Even if a single part of the data governance process fails, it can have a ripple effect on the entire organization.
Fortunately, there are ways to reduce the risk of data governance failures. There are many measures that can help reduce the risk of data governance failures, such as:
- Data Discovery and Profiling
- Data Cleansing and Standardization
- Data Security and Compliance
Here are three ways to reduce Data Governance Services failures:
1. Deliver trusted data to the people who need it
Data governance is about more than just managing data. It’s also about making sure the right people have access to the right data. For example, Data Discovery and Profiling can help you identify which data is most important to your organization. Once you’ve identified the key data, Data Security and Compliance can help you control who has access to it.
Delivering trusted data to the people who need it, can help reduce the risk of data breaches and other security threats.
Poor and uncontrolled data access is one of the main causes of data breaches. For example, in 2017, the Equifax data breach occurred when hackers gained access to the personal information of 145 million people. One of the main reasons the hack was successful was that Equifax had poor data security controls.
Data Discovery and Profiling can help you avoid a similar fate by delivering trusted data to the people who need it.
2. Ensure data quality across your organization
Data quality is another important part of data governance. Inaccurate or incomplete data can lead to problems down the line. Suppose you’re a retailer and you have a customer’s address in your database. If the address is inaccurate, the customer may not receive their purchase. Inaccurate data can also lead to compliance issues. For example, if you’re required to report data to a government agency and the data is incorrect, you could face fines or other penalties.
There are several measures that can help organizations ensure that the quality of their data is accurate and complete:
- Data cleansing: This feature can help you clean up inaccuracies in your data.
- Data standardization: This feature can help you ensure that all of your data is consistent.
As a result, these measures can help improve the accuracy of your data and avoid compliance issues. Please note that data quality is an ongoing process. You should continuously monitor your data for inaccuracies and take steps to correct them.
3. Automate data governance processes
Data governance is a complex process, and there are many moving parts. As a result, it can be challenging to keep track of everything. This is where automation comes in. Automating data governance processes can help you:
- Save time: Automating data-intensive tasks can free up your time so you can focus on other things. For example, if you’re manually cleansing data, it can take a lot of time. But if you use automating data governance processes, you can automate the process and save yourself some time.
- Improve efficiency: Automating repetitive tasks can help improve your organization’s overall efficiency. If you’re manually standardizing data, it can be easy to make mistakes.
- Reduce errors: Finally, automating data governance processes can help reduce the risk of human error. Errors can be costly and time-consuming to fix. By automating data governance processes, you can help reduce the risk of errors.
Data governance is a complex process, but it’s important for any organization that wants to avoid data breaches and other security threats. The three data governance solutions mentioned can help reduce the risks of data governance failures in several ways. If you’re looking for a way to improve your organization’s data governance, these measures are a good place to start.
About Artha Solutions:
Artha Solutions is a premier business and technology consulting firm providing insights and expertise in both business strategy and technical implementations. Artha brings forward thinking and innovation to a new level with years of technical and industry expertise and complete transparency. Artha has a proven track record working with SMB (small to medium businesses) to Fortune 500 enterprises turning their business and technology challenges into business value.