It is estimated that a median Fortune 1000 company may increase its revenue by $2 Billion, if it improves data usability just by 10%.

Successful businesses understand the direct link between data governance and business performance. For Expedien clients, data governance is the most critical component of improving data quality, managing risk, measuring accurately, and often maintaining compliance with government regulations. Providing guidance to ensure that data is accurate, consistent, available and secure is the focal point of data governance.

A successful data governance approach integrates the processes, people and technology needed to manage data effectively and efficiently. It begins with an enterprise-specific model consisting of defined roles and responsibilities. Adhering to the complexities of enterprise business rules, policies and standards is an essential role of data owners and includes maintaining and applying these standards as data is created. While data stewards do not own the data, they are the caretakers and are accountable for the management of data assets by ensuring data is understood, used and shared effectively. Data owners and data stewards must be provided with the knowledge, training, tools, forums and processes to be effective in their jobs.

Expedien brings a deep understanding of the complexities involved with implementing a data governance strategy.  Having worked with numerous different types of corporate organizations and cultures ranging from large regional companies through huge multinational organizations, our Data Management & Architecture professionals recognize the importance of incorporating the range of unique business requirements of each enterprise to develop a data governance approach that will be sustainable for the long term and will lead to a higher level of business performance.