three Knowledge Governance Challenges At the moment’s Corporations Face

Knowledge governance insurance policies are filled with holes that may turn into costly pitfalls. We clarify among the obstacles.

Some organizations have mastered knowledge governance, however they’re within the minority. As knowledge volumes proceed to develop, most companies are discovering it onerous to maintain up. 

“You are going to do that a technique or one other,” mentioned Shannon Fuller, director of knowledge governance at  Carolinas Healthcare System. “You are able to do it in a managed, methodical method or you are able to do it when your hair’s on hearth.”

Poor knowledge governance can lead to lawsuits, regulatory fines, safety breaches and different data-related dangers that may be costly and damaging to an organization’s fame. “We do not have regulation about knowledge lineage and reporting and all that, however it is going to come,” mentioned Fuller. “Do you need to put together for that now or do you need to be like Financial institution of America and spend billions of complying with the regulation?  Most healthcare organizations do not have that form of money mendacity round.”

Shannon Fuller

Shannon Fuller

One other downside is authorized discovery. With out correct knowledge governance, corporations find yourself handing over data that isn’t related to the case.  A few of that data could also be delicate.

There are legitimate explanation why corporations are scuffling with knowledge governance.  Following are three of them.

1. It is thought-about a know-how downside. Efficient knowledge governance requires the usage of good instruments; nonetheless, the usage of good instruments doesn’t assure efficient knowledge governance.  Some corporations discover this out the onerous approach once they put money into know-how however fail to make the mandatory changes to their tradition and enterprise processes.

“The widespread knowledge is you want an govt sponsor and the help of the C-suite and roll that down. It helps, however there are issues you are able to do from a knowledge governance perspective with out having that buy-in,” mentioned Fuller in a latest interview. “It must be tied to what you are promoting processes. In healthcare, that is one of many greatest obstacles.”

2. Previous approaches are utilized to new necessities. Knowledge governance insurance policies and procedures require updating as extra knowledge flows into and out of organizations. However, some corporations try to use ideas and constructs developed many years in the past to trendy necessities, which does not work properly.

“I hear individuals say, ‘That is what I get out of my relational database so why cannot I simply use it for the whole lot?’ You are forcing this inflexible construction as a result of it makes individuals really feel heat and fuzzy,” mentioned Jim Scott, director of converged knowledge platform supplier MapR.  “It is harmful when individuals have the myopic perspective of governing knowledge the identical previous approach they all the time have.”    

But, a few of these very organizations are actually planning so as to add streaming knowledge from IoT units to the combo. 

three. The worth of knowledge shouldn’t be understood. Some companies are throwing each piece of knowledge into a knowledge lake, hoping that that it’ll have worth sometime.  Different corporations are deciding what to maintain and throw away based mostly on present necessities.  When these necessities change, they could remorse a few of these choices.

Sanjay Sarathy

Sanjay Sarathy

“One of many challenges I hear typically is how do you assign worth to totally different datasets as a result of that may affect how you consider your governance insurance policies,” mentioned Sanjay Sarathy, CMO at  Talena.  “How do I leverage knowledge popping out of IoT streams verses the advertising of us who leverage media knowledge?  Considering by way of the worth of those totally different datasets will allow you to outline the way you govern them, cleanse them, and defend them.”

Assigning worth generally is a tough problem, nonetheless. Some organizations do not know the place to start out. Others battle to assign an correct worth when the worth is each qualitative and quantitative. Even when organizations are capable of get the worth proper and get knowledge governance proper, what’s “proper” might change when a merger or acquisition occurs.

Briefly, knowledge governance is not a static factor, it is an evolving mindset that requires cultural and technological help alongside the best way to succeed.

Study extra about knowledge governance

Shannon Fuller will probably be discussing what works and what would not on the upcoming Interop ITX in Las Vegas, based mostly on his expertise with North Carolina Well being Techniques’ pilot program. His session entitled, “A Practical Approach to Governing the Data Lake” will probably be introduced on Might 17.  The presentation will embody a dialogue of the place knowledge is ruled, how knowledge is ruled, and the way to make sure acceptable entry rights.

Lisa Morgan is a contract author who covers large knowledge and BI for InformationWeek. She has contributed articles, reviews, and different sorts of content material to varied publications and websites starting from SD Occasions to the Economist Clever Unit. Frequent areas of protection embody … View Full Bio

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