Becoming More Data-Driven Now Requires a Dynamic Data Governance Strategy

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Nearly all European organisations consider a digital-first strategy crucial to achieving business results. Still, less than half are able to put these strategies into practice, and just 30% report widespread data use in decision-making.

Without a dynamic data governance strategy that can adapt to changing business environments, data and leadership teams alike will continue to struggle with how to use data to inform decision making. Having a systematic, widely adopted approach to data governance, security, and access control is the cornerstone upon which to build outcome-driven data initiatives.

IDC investigated the top reasons organisations are investing in data programs, the bottlenecks that inhibit them and the paradigm shifts that are ushering in a new era of data governance and management.

In this report, you’ll find out:

  • The top 7 data objectives driving data investments and 5 key challenges that prevent them from being achieved
  • Why traditional approaches to a data governance strategy and access management are limiting data-driven outcomes in today’s environment
  • How to build a strong access control framework and what to look for when investing in a data management tool
  • How next-gen data control planes can be an important competitive advantage for the new data paradigm