First Big Data initiative? Why you need Big Data governance in place now!

@machinelearnbot

You would be surprised how many major firms, who are now ready to launch their first Big Data projects, have not started an internal Big Data governance program. Big data has great potential to help organizations grow their business, but just having this data will not be enough. To derive the highest value and minimize legal exposure and risk to a firm's reputation, a Big Data governance program is crucial from the start. Even if there is data governance currently in place it is most likely inadequate to address some of the new challenges that many Big Data initiatives bring. Big data will, more than likely, expand the boundaries of existing data governance processes that you may have today. If you don't have any Big Data governance in your firm at this time, then you must get started now before you engage your first Big Data initiative.


First Big Data initiative? Why you need Big Data governance in place now!

@machinelearnbot

You would be surprised how many major firms, who are now ready to launch their first Big Data projects, have not started an internal Big Data governance program. Big data has great potential to help organizations grow their business, but just having this data will not be enough. To derive the highest value and minimize legal exposure and risk to a firm's reputation, a Big Data governance program is crucial from the start. Even if there is data governance currently in place it is most likely inadequate to address some of the new challenges that many Big Data initiatives bring. Big data will, more than likely, expand the boundaries of existing data governance processes that you may have today.


GDPR – A Change in the Making

@machinelearnbot

Organizations all over the EU must be aware by now that the Data Protection Act (DPA) will be changed into GDPR (General Data Protection Regulation). Some of these changes might cause some compliance issues but there's an easy way to avoid any problems, by raising awareness. The more your staff and employees know about GDPR, the less chances you have, of ever violating the conditions of the reform. GDPR gives customers control over their personal data, to modify, restrict or withdraw consent, and transfer data. For example, you decide to contact Apple to ask how they're using your personal data because you frequently shop online on their site, and use iTunes.


How AI Supports Real Time Data Governance Io-Tahoe

#artificialintelligence

Data, data, and data; in this intelligent world of analytics, we are surrounded by data. From tracking the customer buying path to making decisions based on business intelligence, data seems to be at the forefront of everything that organizations are doing. In the race to be at the top of data analytics, organizations are implementing measures that position them in a favorable spot. The key to extracting the most from your data is to have pertinent data governance policies in place. With the requirement for data governance, it is even better to have real-time governance of data so that analytics flow smoothly without the need for consistently overlooking data.


Northern Trust gears up for GDPR through data governance solutions - SiliconANGLE

#artificialintelligence

Mention data governance to many corporate executives and you might get eye rolling and a quick change of subject. Business leaders are more focused on revenue rather than meeting regulatory demands. But the rise in enterprise data has also brought government-driven demands for privacy and protections that are forcing companies across the world to adopt tools to meet new requirements. "Governance is a very abstract concept. Most people want to run away from anything close to governance," said Sanjay Saxena (pictured), senior vice president of enterprise data governance at Northern Trust Corp. Saxena visited theCUBE, SiliconANGLE's mobile live-streaming studio, and answered questions from hosts Dave Vellante (@dvellante) and James Kobielus (@jameskobielus) during IBM Fast Track Your Data in Munich, Germany.