Data intelligence and governance with impact on business results

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shukla7789
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Joined: Tue Dec 24, 2024 4:29 am

Data intelligence and governance with impact on business results

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Discover how data intelligence and governance impact people and business outcomes.
To achieve the best revenue performance that will increasingly be linked to digital, organizations must recognize data as a critical asset that needs to be exchanged responsibly to fully exploit its value.

How does developing data governance programs and promoting data intelligence generate a virtuous impact on companies' businesses?



HubSpot BLOG

95 % of organizations are implementing a digital-first strategy. By 2027 , it is skype database that 41% of a company’s revenue will come from digital products and services .

Source: IDC


Results of data intelligence and governance: Where are they visible?

Data governance enables organizations to discover the existence of valuable data assets within their structure and processes to maximize their use and align them with overall objectives.

Effective information sharing thus becomes a critical aspect for empowering different data users. How? By minimizing practices and customs that hinder it, such as the presence of multiple data owners and managers, distributed silos, and unknown sources.

Efficiently connecting data users with the information they need is key to building greater trust. Data intelligence and data government programs are increasingly focused on providing appropriate assistance in finding, understanding, and accessing the information that enables daily operations and ensures the best results.

Chief Data Officers: How to Increase Business Impact?



5 benefits of data intelligence and automation within Data Government

Data intelligence combined with automation within a robust data governance program provides a tool that links the consumer to trusted data and delivers a set of visible benefits :

Reliability in business reporting: Delivering data quickly and efficiently to senior users such as managers and auditors facilitates routine reporting and monitoring.

Optimized productivity: Reducing manual procedures and identifying data sources allows you to streamline processes and generate more value in less time.

Better customer experience: Performing analytics with reliable data improves the quality of products and services and allows companies to stand out from their competitors by making smarter data-driven decisions .

Risk reduction: Provides greater confidence in the proper use of data, eliminates uncertainty, and connects users to trusted data.

Greater transparency: A simple and user-friendly interface eliminates doubts regarding the identification of reliable data sets, allowing experts to concentrate on innovation and value generation tasks and not waste energy searching for data and tedious tasks.
In short, as data governance programs mature, companies will be able to build trust, promote appropriate data use, develop more customer-centric products and services, and make decisions faster and more efficiently. Ensuring access to trusted data translates into successful outcomes.
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