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…
Every business owner knows (and dreads) the time of the month when rent and utility bills are due. Unfortunately, neither your landlord nor the electric company cares whether your business is wildly successful or struggling in the red. Overhead costs are unavoidable and don’t directly contribute to the product you sell. However, these expenses are…
Many use the terms “data lake” and “data warehouse” interchangeably, but there are actually some key differences. The distinction is especially important if you’re thinking about hiring a development company to build a custom data lake for your business. Big data storage platforms can bring lots of benefits, but only if you build a platform…
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As the owner of a small e-commerce shop, you’re always searching for the latest and greatest products. Recently, one product line was featured on a popular show and sales skyrocketed overnight. Your website is one of three that carries this product, so you’re inundated with new customers. But being new to this business, you’re unsure…
