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Data democratization spurs more secure data-governance frameworks

Vast amounts of data are being created every day, spurring an economy entrusting data as an asset arguably more valuable than crude oil. This explosion of big data quickly started the trend for data democratization, to make data packets easier to share with the help of specialized software. The downside is that every opportunity to share data is also a chance for a data breach, and legislative bodies around the world are pushing for better governance over data assets. For contemporary enterprises, it’s time to tune up data-governance frameworks to enlist consumer confidence.“You can’t democratize data without giving the consumers of that data an understanding of the quality of that data, the trustworthiness of that data, the relevance of the data to the business,” said Jitesh Ghai (pictured), senior vice president and general manager of data quality, security and governance at Informatica LLC. “You give them that, and now you’re enabling your analytics, your data scientists [ways] to innovate with that data with confidence. And if you do it within a framework of privacy, you’re ensuring that you’re preserving customer trust while you’re automating and building intelligent and engaging customer experiences.”What [data governance] was mandating was healthy data-management practices. How do we give the regulators comfort that our data is of high quality, that we know the lineage of where data is coming from, that we know how the business relies on the data, and what is critical data? And while it was born to give the regulators comfort, what organizations have very quickly realized is, well, when you democratize data, you need to give everybody that comfort. You need to give your data scientists, your data analyst that same level of contextual understanding of their data, right?And so what we are enabling organizations [to d0] is the effective consumption and understanding of where their data is  discovering it so that the right people can consume

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