Data integration and governance: a competitive advantage

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shukla9966
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Joined: Sun Dec 22, 2024 3:24 am

Data integration and governance: a competitive advantage

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Secure and accurate information is an indicator that a company has a competitive advantage over its competitors. In this sense, data governance is essential for any business to survive and evolve in an increasingly digital scenario.

However, many organizations fail to achieve a satisfactory level of governance. This is because, for it to exist, data integration is first necessary . Both ensure that the information is reliable and complies with applicable regulations.

If this does not happen, the decisions made by the company cannot be confirmed and may lead to erroneous paths, without any basis.

In this article, we will understand how data integration and governance must work together so that companies have a competitive edge. In addition, we will highlight howDenodo, a data virtualization platform, can help solve these challenges. Let's go!

How data integration and governance are linked;
The competitive advantages of data integration and governance;
How to implement data governance?
Facilitating data integration with Denodo;
Toccato consultancy for data integration and governance.

How data integration and governance are linked
In a company, integration and governance france phone number list be integrated. This task may seem challenging, but the two missions have several points of intersection. Here are what they are:

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Data quality
While data governance defines policies, standards and procedures to ensure data quality, integrating them allows them to be in asingle platform, even if they come from different sources. This way, repeated information is not counted more than once and nothing is lost.

Data security
Governance establishes who can access certain information and how, to protect it. Integration, on the other hand, is preferably donethrough virtualization, ensures that data is encrypted and allows you to check who last accessed it.

Data-driven decision making
First, governance ensures that data is aligned with organizational goals. Then, integration provides a solid foundation for making decisions based on analysis results.

Data democratization needs data governance

The competitive advantages of data integration and governance
Data integration and governance must be aligned to avoid a wide range of issues, such as leakage of confidential information, large-scale data management and speed, privacy and compliance within companies.

In addition to staying ahead of these situations,unify dataand managing them brings other benefits to organizations, such as:

Increase data quality and consistency through practices that reduce errors and, consequently, can compromise analyses;
Regulatory compliance , with the establishment of standards, based on legal requirements, avoiding fines and sanctions;
Make informed decisions, using truthful and legally collected data;
Improve operational efficiency , as data integration and governance simplify information management;
Understand the business in a unified manner , based on data integration and governance, facilitating strategic decision-making and rapid response to market changes;
Improve customer experience by identifying bottlenecks and process failures.

How to implement data governance?
Each company must have unique processes that are consistent with the brand's strategy and values. However, when it comes to governance, it is important to maintain standards and follow strict steps to avoid failures.

See the step-by-step guide on how to implement this practice:

Highlight risks and solutions to data-related problems;
Create a document that presents the importance of data governance, the current data scenario in the company and what can be done to improve the situation;
Engage leaders so that they understand the importance of the topic and can pass it on to employees;
With the approval of the leadership, divide the tasks and roles of each employee. Define conduct, processes and policies for thedata management. Then review and approve this information with leadership;
Use tools that facilitate data analysis and security, through their integration;
Maintain assertive communication with employees to reinforce that data governance is everyone's fundamental role and must be followed strictly.
Making data integration easier with Denodo
There are many platforms that perform data integration. One of them, which has a partnership with Toccato, isDenodo. This tool virtualizes information from different sources, using artificial intelligence.

This way, reports on various subjects that are distributed across different applications, such as information on products, customers and competitors, are unified. This makes analyses faster and more efficient. This enables accurate decisions, error prevention and trend perception.
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