For many of today’s largest businesses, being able to get the most out of their data has become a top priority.
Turning data into information, however, is easier said than done. Businesses need a data intelligence engine that will harness the power of their data, ensure it is trusted, and provide their data consumers with the right data at the right time.
DBTA hosted a webinar with John O’Brien, Senior Advisor and CEO, Radiant Advisors and Ryan Glasunow, Senior Director, Head of Data Governance and Privacy, Informatica, who explained how the Governance and Catalog Service Informatica data can operationalize the data governance program to deliver business value.
O’Brien described the essential principles of data management to improve the data culture within the company. This includes enabling user data to flow, building trust through understanding, and building confidence to be actionable.
Empower people who work with data to understand and develop the confidence to use it quickly. Capture and share as much information about the data where it came from, how it was transformed and used. People need to feel personally secure about using data in the right context, compliance, and validations.
The principles of data management include data engineering, data quality, and data governance to inspire people to work with data to gain insight and make better decisions faster.
Refer to the data worker journey to learn how they should develop trust through data transparency and trust through collaborative governance to share actionable insights.
Building a data culture takes time and ongoing support with a thriving support community to adapt to each person and data in an organization.
Empowering your teams to make data-driven decisions requires access to the right data at the right time. The CDOs shared that sharing data is proving particularly difficult, Glasunow said. According to Forbes, “… Data governance cannot be about bureaucracy. It must be value oriented and agile.
That’s why companies need to change their mindset from risk and compliance to value creation. Cloud Data Governance and Catalog powers cloud modernization, analytical governance, and data democratization.
Make sure your cloud migration contains reliable data, Glasunow said. Ensure reliable cloud and AI self-service analytics results. And strengthen your broader community of data consumers.
Informatica offers a solution called the Cloud Data Marketplace. It’s a cloud-native storefront, with order management and governed delivery capabilities, where you can aggregate data assets from any data source and easily ensure that your data consumers can buy data and AI models. Teams can respond quickly to their requests and track requests, data usage, and more.
An archived on-demand replay of this webinar is available here.