Executive Briefings

Data Management Programs Are Good, but Often Mismanaged

You probably don't think "data governance" is that important a topic. Especially when you've got IT budgetary fires raging or you're planning next week's layoffs. You may even think today's data management and master data management (MDM) and similar enterprise wide data governance initiatives are too complex. And crazy boring. That's OK. You're not totally wrong.
But boring can be bountiful--as in saving corporate cash and increasing revenues.
That's according to the results from a brand-new survey of 123 business and IT leaders at companies with annual revenues of $500m or more.
First, the bad news: The survey found that data-management efforts in large companies remain "significantly ineffective," with less than half of all respondents (47 percent) rating their organization's data-management efforts as "effective or very effective."
Source: CIO

You probably don't think "data governance" is that important a topic. Especially when you've got IT budgetary fires raging or you're planning next week's layoffs. You may even think today's data management and master data management (MDM) and similar enterprise wide data governance initiatives are too complex. And crazy boring. That's OK. You're not totally wrong.
But boring can be bountiful--as in saving corporate cash and increasing revenues.
That's according to the results from a brand-new survey of 123 business and IT leaders at companies with annual revenues of $500m or more.
First, the bad news: The survey found that data-management efforts in large companies remain "significantly ineffective," with less than half of all respondents (47 percent) rating their organization's data-management efforts as "effective or very effective."
Source: CIO