Data warehouses have had to evolve to maintain pace with the needs of the business community. The individuals who are the customers of the data warehouse team are becoming more sophisticated regarding their knowledge of the value of enterprise data assets.
Data Governance is a method with which organizations can improve the way they handle data and make it available for business-impacting analytics. The goal is to simplify the production of actionable data and reduce the time necessary to provide it to decision-makers.
Key Aspects of Data Governance for Success
A successful partnership between data providers and consumers relies on several critical aspects:
Addressing these items puts an organization in a good position to use its data assets to generate BI solutions.
Developing productive BI solutions is a complex process, fraught with challenges that hinder the transformation of raw enterprise data into digestible information for decision-makers.
Organizations collect information from multiple data sources, and effectively managing these sources is critical. A well-documented process and appropriate tools are essential for understanding the specific needs of business analysts and eliciting requirements from the BI user community.
Technical teams must inventory and evaluate potential data sources to select the ones best suited to architect a viable BI solution. This selection process plays a pivotal role in the overall success of the BI initiative.
To create valuable BI solutions, data consistency across sources is crucial. Coordination between data architects and producers ensures that similar data from different sources can be used efficiently. Training in identifying and managing data relationships enhances the utility of BI solutions.
Addressing these challenges increases the likelihood of crafting effective and actionable BI solutions from enterprise data assets.
A data catalog that serves as a repository of enterprise information assets is at the heart of processes designed to provide BI solutions to corporate decision-makers.
The resulting data catalog provides substantial benefits to the organization’s BI consumers. Having a centralized data repository gives teams a common starting point from which to browse information assets and determine which ones are applicable for analysis and reporting purposes.
ER/Studio Enterprise Team Edition offers organizations a flexible collaborative tool with which to create a data governance foundation that will contribute to their ability to create productive BI solutions.
An IDERA whitepaper by David Loshin that goes deeper into the issues of using data governance techniques to improve enterprise BI solutions is available and highly recommended.
It speaks to the importance of obtaining the right information to provide the most effective business intelligence to enterprise data consumers. Give it a read if you want to enhance the way corporate data assets are used to generate value for the organization.