Data Governance: A Competitive Advantage

For the past few years, on the trails of GAFA (Google, Apple, Facebook, and Amazon), data is perceived as a crucial asset for enterprises. This asset is enhanced by digital services and new uses that disrupt our daily lives and weaken more traditional businesses.

This transformation, whether we like it or not, concerns all structures and all sectors. Enterprises have understood that in order to face up to innovative startups and powerful web giants, they must capitalize on their data. This awareness brings the great – likewise the small – enterprises to start a digital transformation to become what we call, Data-Driven.

In order to be data-driven, data should be considered like an asset in business, which must be mastered in order to be enhanced.

It is a means to collect, safeguard, and ensure data assets of the highest quality and security. In other words, users must have access to accurate, intelligible, complete, and consistent data in order to detect proven business opportunities, to minimize time-to-market, and also to undertake regulatory compliance.

The road to reach the Promised Land of Data Innovation is full of obstacles. Between siloed data on both sides in the enterprise and tribal knowledge, this legacy does not contribute anything to the overall quality of data.

The advent of Big Data has also reinforced the sentiment that the life cycle of one data must be mastered in order to find your way through the influx and the massive volume of the enterprise’s stored data. Talk about a challenge encompassing roles and responsibilities, processes and tools!

The implementation of such data governance is a chapter that a data-driven company must write

However, in our experience, exchanges with and lectures by major players of data confirmed our observation that the approaches to data governance from recent years have not kept their promises.

About Actian Corporation

Actian makes data easy. Our data platform simplifies how people connect, manage, and analyze data across cloud, hybrid, and on-premises environments. With decades of experience in data management and analytics, Actian delivers high-performance solutions that empower businesses to make data-driven decisions. Actian is recognized by leading analysts and has received industry awards for performance and innovation. Our teams share proven use cases at conferences (e.g., Strata Data) and contribute to open-source projects. On the Actian blog, we cover topics ranging from real-time data ingestion, data analytics, data governance, data management, data quality, data intelligence to AI-driven analytics.