Data Governance

Data Governance is like having rules and plans in place so that all the data a company has is handled properly. It’s a set of practices and processes which ensure high data quality from the moment data is created to when it’s retired. It involves managing, storing, and using data in a way that meets policies and regulations. This is important because data is a valuable asset that needs to be protected and used correctly to be useful.

Companies put data governance in place to make sure their data is accurate, secure, and used responsibly. It’s like setting up traffic laws for data; it keeps everything running smoothly and prevents accidents. For example, data governance makes sure only the right people can access certain sensitive info, like customers’ personal details, and that this info is used in the right way.

Good Data Governance supports business objectives because it leads to better data analytics. When you can trust your data, you can make better decisions. It also helps companies avoid legal issues by making sure they’re handling data in line with laws about data protection and privacy. Data Governance isn’t just about rules; it’s about taking care of your data so it takes care of your business.