Enterprise Data Governance Service to build Trust in Data
Enterprise Data Governance is a comprehensive solution that ensures successful data management. It offers key features such as data quality monitoring, data classification, and data lineage tracking. The benefits include improved data accuracy, enhanced compliance with regulations, and increased operational efficiency. Its unique selling points are its ability to provide a centralized view of data assets, facilitate collaboration among stakeholders, and enable effective decision-making based on reliable data. Access our services here and ask your questions.
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“Reportable data governance establishments build confidence in data.” – Aparajeeta Das, CEO, InstaMart.ai
Data is the fuel that propels organizations past stiff competition. Enterprise data governance set-up and management is the secret behind developing new revenue sources for businesses. Therefore, designing data governance to ensure availability, relevance, and high quality of data is a step towards the direction of high-value creation. McKinsey Global Data Transformation Survey revealed that the poor quality of data and lack of data availability resulted in employees spending 30% of their time on non-value-added tasks. Nonetheless, Deloitte survey in 2022 revealed that only 11% of the respondents had established strong data governance.
What is Data Governance?
Executives rely on data to make strategic decisions. However, only 3% of data meets the desired quality standards. Enterprise data governance set-up and management definition involve Five pillars including:
- Reporting data architecture
- Reporting of quality data
- KPIs Reports, Data Catalogues, Data Dictionary, etc.
- Security and Access Control
- Data-Driven Culture
These are the bases of the data governance framework that guarantees consistency and trustworthiness within your organization. There is an increased need for organizations to meet new privacy regulations. Therefore, data governance set-up and management have become critical components in realizing effective data management strategies. To achieve this, you need the right data governance tools to automate the management of the data governance program.
Our data governance setup approach involves understanding the pain points and wishes of the data user community. Further, we set-up a data governance stakeholder and user community, and identify the primary subject areas to build a reporting model.
Decades of experience at InstaMart has enabled us to support businesses in benefiting from enterprise data governance. The results of our work include reduced cost of managing data, increased access, and improved quality of data.
So, we provide services in establishing a centralized data governance and reporting platform that guarantees trust for the business user community.
What are the key pillars of Data Governance?
In our practice, we categorize the tasks into 5 Pillars of InstaMart’s Data Governance Framework.
Always read about data governance roadmap, data governance benefits, data governance tools, etc.
Project Delivery Style
The struggle to effectively scale data governance is real among organizations. Unfortunately, many businesses fail to derive value from their data for years. A survey showed that 80% of organizations that seek to scale their data governance will fail.
At Instamart, we don’t believe in one-size fits all approach. We support you to align data governance to your business context and needs.
Relying on a suitable project delivery style is a sure way to capture data-driven opportunities without wasting resources. Our Approach is to fit our delivery programs to your organization culture and logistics.
Let’s support you to realize your business growth potential with a robust data governance setup.
Kindly schedule a quick session with us.
How Much Does It Cost
Setting up budget for the project is a crucial aspect. We will give you a transparent and a detailed cost break down after we go through your business requirements. It will cost exactly what is right and fair fitting to your budget. You will be never limited to your capacity but will get empowered to dream even more. We will provide you those wings. Share your business pains and requirements with us today. We together will solve those. Ok?
We will get back within 24 hours.
Share your detailed requirement to get a quotation. Our engineers will analyze and give you a detailed cost break up.
Read our White Papers
Reading about Data Governance will you live in the topic and think deeper. It could be the beginning of the manifestation of the dream that you have to make your Business Users happy again.
Here are a few documents for you to read on:
- The Best Practices of Data Governance Setup.
- The Power of Data Governance in digital transformation process
Please contact us for details. We are super excited about this topic and I hope you are too.