Benefits of effective Data Governance for your organization

  • Enhanced Data Quality

  • A data governance program helps reduce errors and inconsistencies in your data, improving the accuracy and reliability of data.
  • Improved Decision-Making

  • It facilitates timely access to high–quality data, leading to quicker and more informed strategic decision-making.
  • Regulatory Compliance

  • It ensures compliance with industry regulations (such as the EU’s GDPR), which helps you avoid costly fines and legal issues.
  • Effective Risk Management

  • Effective data governance enhances data security by implementing policies and controls to protect against breaches and unauthorized access.

Our Data Governance Consulting services

  • Data Governance Framework

  • We help customers develop structured frameworks that outline the processes, roles, and technologies required to manage data governance activities effectively.
  • Data Quality

  • We evaluate customers’ needs and establish processes and tools for ongoing monitoring, cleansing, and improvement of data quality across their organization.
  • Regulatory Compliance

  • We provide expert guidance to help companies meet relevant Data Privacy and Regulatory Compliance requirements (including the GDPR, CCPA, HIPAA, etc.).
  • Data Governance for CRM

  • We implement practices and policies to ensure the quality, security, and effective management of customer data within CRM systems.
  • Data Warehouse Consulting

  • We provide seamless data warehouse solutions to help companies make informed decisions and achieve strategic objectives that drive business success.
  • Training & Enablement

  • We provide specialized training and ongoing support for customers’ teams, empowering them to implement data management practices effectively.
  • Data Integration

  • We design and deploy integration strategies to help companies unify disparate data sources, ensuring seamless data flow and consistency across systems.
  • BI Analytics Solutions

  • We provide tools that transform data into easy-to-understand reports, offering greater insights to help companies make more informed and timely decisions.
  • Data Architecture Design

  • We create efficient and scalable data architectures to support our customers’ business needs and help them optimize data management.

Our Approach to Data Governance Implementation

  • Phase 1: Assessment

  • First, we evaluate your current data governance practices to identify gaps toward developing a tailored improvement plan.
  • Phase 2: Strategy Development

  • Next, we create a comprehensive data governance strategy that aligns with your regulatory requirements and business goals.
  • Phase 3: Implementation

  • Then, we operationalize the data strategy by configuring tools, putting in place defined data management procedures, and ensuring compliance.
  • Phase 4: Monitoring & Support

  • Lastly, we provide ongoing monitoring and support to ensure your data governance tools and processes are functioning correctly.

Why choose ExistBI for your data governance services?

When it comes to data governance, ExistBI offers a comprehensive and tailored approach to ensure your organization’s success. Here’s why partnering with ExistBI is the right choice:

  • Tailored Solutions

  • ExistBI begins with thorough assessments to design data governance solutions that are customized to meet your specific business needs and regulatory requirements.
  • Proven Track Record

  • With a history of delivering hundreds of successful consulting projects across various industries, ExistBI guarantees effective implementation of data governance frameworks that drive results.
  • Experienced Consultants

  • Benefit from the expertise of seasoned professionals who bring extensive knowledge and practical experience to tackle your data governance challenges.
  • Advanced Technology

  • Utilize best-in-class technologies like Informatica Axon and IBM through ExistBI to streamline your data governance processes and enhance operational efficiency.
  • Proactive Risk Management

  • Leverage ExistBI’s experience in identifying and mitigating data-related risks before they escalate, safeguarding your organization from potential threats.
  • Comprehensive Support

  • From strategy development to ongoing management, ExistBI offers end-to-end support to ensure your data governance solutions align with your business objectives.
  • Regulatory Compliance

  • Ensure adherence to complex regulations such as GDPR and CCPA with ExistBI’s deep understanding of compliance requirements, minimizing legal risks.
  • Scalable Solutions

  • ExistBI implements scalable data governance solutions that can grow with your business, adapting to increasing data volumes and complexities without the need for a complete overhaul.

Data Governance Case Studies

ExistBI US Air Force Data Governance
Finance and Banking Industry
Manufacturing Industry

FAQs

Data governance refers to the framework of policies, procedures, and responsibilities for overseeing and managing data assets within an organization to ensure accuracy, security, and compliance with regulations.

Data governance is important because it ensures that data is accurate, secure, and used in compliance with relevant regulations. It helps companies maintain consistent and trustworthy data to support decision-making. It also helps them comply with relevant data security and privacy requirements, preventing risks associated with data breaches and misuse. Thus, data governance ultimately contributes to improved operational efficiency and business success.

Examples of data governance include implementing data quality standards to ensure data accuracy and reliability, establishing data stewardship roles to assign responsibility for maintaining data integrity and adherence to governance policies, enforcing data security policies to protect data from breaches and unauthorized access, and ensuring compliance with data protection regulations to help avoid legal penalties and build customer trust.

Data governance and master data management (MDM) differ in scope. MDM focuses on managing critical master data, which is key business data essential for the operations and reporting of the organization. However, data governance refers to the management of all data across the organization. So, the scope of data governance covers a broader range of data types, including master and non-master data.

An effective data governance program needs quality data to ensure the policies and processes implemented are based on accurate and reliable information. Poor data quality will lead to incorrect data governance insights, and every decision based on such insights will be faulty, resulting in operational inefficiencies and compliance issues.

ExistBI serves a diverse range of industries, including Manufacturing, Energy & Utility, Finance, Healthcare, Insurance, Life Sciences, Government, Retail, Telecom, and Logistics. Our tailored data governance solutions address each industry’s unique challenges and regulatory requirements.

We’ll start with a thorough assessment to understand your business’ compliance requirements and identify gaps in your current practice. Then, we will help you develop and implement data governance policies and procedures (like data privacy policies, data protection protocols, and other procedures for handling data breaches) that address regulatory requirements. We also provide necessary training and support to your data governance team to ensure they understand their role in maintaining compliance.

Implementing data governance solutions can take anywhere from a few weeks to several months. The specific timeline generally depends on the complexity of an organization’s data environment and specific needs. At ExistBI, we work efficiently to ensure the timely implementation of data governance initiatives that help organizations achieve their data-driven objectives.

We employ various practices and strategies to ensure the security and privacy of sensitive data during the data governance process. These include access controls to restrict data access to authorized personnel only, encryption and data masking to protect sensitive data at rest and in transit, regular monitoring and audits to detect and respond to potential security threats, and more. That is, we adhere to privacy regulations and best practices regarding handling data securely.

To begin using ExistBI’s expert guidance to enhance your data governance practices, contact us for a free assessment and quick quote. You may contact us by sending us a message using our online request form. Alternatively, you may contact us by email ([email protected]) or telephone (UK: +44 (0)207 554 8568; Europe: +49 30 220 43994).

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