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The 5 Ways Modern Data Governance Helps Business Productivity

This document discusses how modern data governance helps business productivity in 5 ways: 1) Good metadata facilitates data discovery, 2) Effective schema management saves time, 3) Good data quality and profiling can accelerate insights, 4) Data lineage can help avoid legal issues, and 5) Models will run correctly in production. The overall message is that a strong data governance program provides high quality data and information to data scientists, allowing them to focus on delivering business value quickly and efficiently.

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178 views12 pages

The 5 Ways Modern Data Governance Helps Business Productivity

This document discusses how modern data governance helps business productivity in 5 ways: 1) Good metadata facilitates data discovery, 2) Effective schema management saves time, 3) Good data quality and profiling can accelerate insights, 4) Data lineage can help avoid legal issues, and 5) Models will run correctly in production. The overall message is that a strong data governance program provides high quality data and information to data scientists, allowing them to focus on delivering business value quickly and efficiently.

Uploaded by

CarolinaJiménez
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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The 5 Ways Modern Data

Governance Helps
Business Productivity

From dbta.com

What is Data
Governance?

Data governance
ensures that data can
be trusted and that
people can be made
accountable for any
adverse event that
happens because of
low data quality.

Data governance is a quality control discipline


for assessing, managing, using, improving,
monitoring, maintaining, and protecting
organizational information.

Data governance
deals with such
questions as the
origins, or lineage, of
data; who can access
data and what they can
do with it; how data is
categorized or
catalogued; and the
quality and
completeness of data.

Here are five ways that a modern approach to data


governance can make your data scientists and analysts
more productive, enabling your business leaders to
gain insights more quickly.

1.-Good business
metadata is good
for the business.

Effectively governed
metadata thats data
that labels or categorizes
other data facilitates the
discovery process for data
scientists, helping them
find the data they need,
when they need it.

2.-Effective schema
management saves
time and money,
especially in a big data
environment.

Schemas define how data


should be read. Its essential
that data consumers know
which schema to use when
looking at particular files.
Publishing, curating, and
governing all known schemas
will save your data scientists
and analysts considerable
time, freeing them to focus on
their primary roles.

3.-Good data
quality and
profiling can
accelerate time to
insight.

Poor data quality is among


the key reasons that 40
percent of business initiatives
fail to achieve targeted
benefits, according to a report
by Gartner Inc., which also
notes that data quality affects
overall labor productivity by as
much as 20%.

Developing a sound architecture


and effective data-quality protocols
will help you keep your data lake
from becoming a data swamp.
Profiling data and storing the
profiles with metadata is also a
useful practice, giving your data
scientists a better understanding of
the types of data contained in the
system and allowing them to
formulate hypotheses more quickly.

4-Data lineage
can help keep you
from getting sued
or fired.

In an era of data breaches,


data governance can provide
important protections to your
business and its employees.
Data governance wont stop
determined hackers from gaining
access to secure data, but, in
the event of a breach, it will help
you understand what has and
hasnt been compromised.

5-Your models
and analyses will
run right in
production.

If your data governance


program includes the
measures discussed up to this
point, your data will be of
sufficiently high quality that
youll experience fewer
problems with models and
analyses in production.

Saving time, energy, and money

A well-managed data governance program provides data


scientists what they need in order to remain focused on
delivering business value. That includes metadata as well as
information about data schemas, quality, structure, and
completeness.
That saves time, energy and money while improving the quality
of business decision-making.

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