In an age of digital surveillance and mass data collection, users have to decide if data privacy is worth trading for convenience. While certain forms of data collection are necessary for businesses, users can become wary of accepting terms and conditions that hand over extensive access to their personal data or devices. In reality, however,…
The General Data Protection Regulation (GDPR) is a game-changing policy that protects residents of the European Union (EU). Effective as of May 25, 2018, GDPR is significant on a global scale because it applies to any company that does business with an EU citizen and “controls” or “processes” personal data. What’s more, the possible penalties…
Data governance costs can account for a large segment of a company’s operational costs, particularly for businesses that deal heavily in data collection. But with today’s technological advances, there are a number of data governance strategies that can reduce costs dramatically. It can be easy to confuse the term data governance with data management. Data…
Many use the terms “data management” and “data governance” interchangeably, but the definition of these terms actually differ quite significantly — and that could be a problem if you’re seeking assistance with data solutions. So what’s the difference between data management vs data governance and how can you determine which solution is right for your…
A well-architected data governance plan will give your company a competitive edge. Through the process, you’ll establish an infrastructure and protocols that allow you to leverage data and derive insights with maximum efficiency. Though data governance is part of data management, it also extends beyond, encompassing a far wider breadth and addressing different goals. The…
There is a lot of confusion surrounding data warehouses vs. data lakes and some use the terms interchangeably. But if you’re ready to perform a data governance overhaul for your business or organization, then it’s important that you understand the difference between these two platforms and how they can be used in tandem. What is…
Data – that most abstract modern term – is a crucial component of modern healthcare. Knowing what to do with that data is equally important. From leveraging data in order to make stronger business decisions, to protecting your patients’ health records and personal information, data governance in healthcare plays an important role in improving medical…
The amount of data that is generated each year continues to increase exponentially. This can pose problems if the data is not managed effectively, but that’s where effective data management practices come into play. But what is data governance, exactly? At its core, data governance is concerned with the management of data, while simultaneously supporting…
Biometric data has long been a controversial approach to data security. However, it is also a popular one. Survey data indicates that 86 percent of organizations will utilize some form of biometric authentication technology by 2020. This number points to an increasing trend from the 62% of companies who were using biometric authentication technology in…
There are few industries where there are more applications of Predictive Analytics than finance and accounting. The ability to predict the future greatly simplifies a company’s financials, especially from a budgeting and planning perspective. This is what makes PA technology incredibly useful. A well-engineered Predictive Analytics engine can identify trends, patterns and trajectories that could…
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