Introduction to Data Governance
In today’s age, the generation of large amounts of both structured and unstructured data has expanded at an exponential rate, along with the complexity of data ecosystems. Key data sources are increasing in both size and volume, and the way that data is captured and assessed is shifting from strictly on-premise databases to cloud technology. Data has become critically valuable to every industry and department whether it be financial services, data science and analytics teams, sales and marketing, or healthcare. Organizations are becoming more reliant on data to run day-to-day operations and drive decision-making. In order to keep pace with the ever-expanding wave of source systems, digitization, and Big Data, organizations are making Data Governance an increasingly significant institution that is vital to both business and information technology (IT) strategies.