Data Governance​

What is Data Governance?

Data governance is a collection of processes, roles, policies, standards, and metrics that make sure the effective and economical use of knowledge in enabling a company to attain its goals. It establishes the processes and responsibilities that make sure the quality and security of the information used across a business or organization. Data governance defines who can take what action, upon what data, in what situations, using what methods.

Various aspects covered by Enterprise Data Governance include:

  • Change Management
  • Program Management.
  • People, Policies, and Processes
  • Organizational Alignment
  • Proper Functionality of all major organizational units
  • Accelerates the delivery of initiatives
  • Reduces Enterprise Risk

Why Data Governance is important to your business?

As companies begin to move beyond basic reporting to using data to achieve a competitive advantage. To rise above competitors in their space, company data must be well-understood, accurate, and complete. Companies need a unified regulatory effort and strong data governance in order to achieve these goals. Strong data governance practices improve data accessibility for users in your organization. With data governance, users consume data in an actionable format, and various departments such as the product, marketing, and customer support teams are empowered to use the data to make critical business decisions.

Without data governance, there is a high chance that your organization’s database or CRM will contain defective (inconsistent, duplicate, incomplete) data. When data is inaccurate, users lose confidence in the information they interact with on a daily basis. Trust is a key component of why data quality is so important. When data consumers trust the data, the ROI from your data increases because decision-makers can act with confidence when extracting insights from the data. data governance increases the value of data for your organization, bringing the full potential of your data to life. Companies are moving from working with data at a limited scale to using data to drive different use cases that bring real value to their team.

More than Solution

Data Governance Services

Strategy and Roadmap

We help enterprises achieve their data goals by defining an appropriate strategic approach

Workflow Management

Automate repetitive business rules reducing errors and increasing efficiency

Master Data Management

We help enterprises to achieve their data goals by defining a proper strategical and implementation approach

Metadata Management

Enterprise-level integration of Metadata stores enabling business users to search and understand information on key attributes

Data Quality

To successfully manage data in an organization, it is important to implement a data governance solution that emphasizes improving data quality

Data Regulations & Security

Controls and techniques to protect data against unauthorized use

Data Governance Tool Selection and Implementation

Data governance is the process of overseeing your organization’s data management practices to ensure that they are aligned with your data strategy and meet your organization’s needs. This includes identifying the data assets in your organization, identifying the data owners for each data asset, determining the data stewards for each data asset, and defining the data governance framework to be used. 
 
We’ve all been told that data is the new oil. It powers the modern world and has the potential to revolutionize industries and improve the lives of billions of people. Unfortunately, the majority of organizations today are lacking the necessary tools and processes to realize their data’s full potential. This is due, in part, to the complexity of data management and the rapidly evolving regulatory landscape.
As a data-driven organization, your goal is to make data-informed decisions that help you achieve your goals and mission. To do so, you need to have the right data tools to answer the right questions at the right time. This can be a difficult and time-consuming process, but with the right tools, you can make much faster progress.
 
 

How Xendat can help your organization?

A data governance model simply brings together people, processes, and technology to ensure that organizational data is handled consistently and effectively throughout the business chain. With this strong aim at the core, the data governance implementation helps organizations with the following steps:

  • Mitigate Data Risks
  • Achieve consistency and effective decision-making
  • Avoid regulatory risks
  • Attain Data Security
  • Implement robust data distribution policies
  • Witness data-driven value
  • Generate quality information
  • Optimize business and employee productivity
  • Eliminate redundancy and rework

Virtual Data Governance Office

Xendat Data & Analytics can provide complete or augmented outsourcing of the Data Governance Office (DGO). We have a team of expert data governance consultants who can provide ongoing strategic or operational support, data stewardship education and support, and data governance audits. Our services can help your organization establish and maintain an effective data governance program that meets your specific business needs. Contact us today to learn more about how we can help you manage your data governance program.
 

Data Governance Staffing

Data Governance is the process of making sense of all the data in your company. The right data in the right place can provide critical insights that drive decision-making and transform your business. But without a plan for how to capture store, and access that data, you’re missing an opportunity to achieve maximum value from your data. Data Governance Staffing helps you build the team and processes you need to capture, store, and access your data – the right data in the right place – to achieve maximum value.
 
 

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