Daily News logo Newsletter logo   Search News    

New Kalido Survey Uncovers Significant Unrealized Opportunity Due to a Lack of Data Governance

  Share This Story

Business Leaders More Pessimistic Than IT on State of Data Governance

MDM & Data Governance Summit

  • Kalido, the leading independent provider of business-driven data governance solutions, today released a new data governance report that finds 76 percent of organizations have an intuitive or explicit awareness of data as a business asset, but only two percent treat it as an asset with quantifiable value.

  • Based on more than 200 responses analyzing the results from its Data Governance Maturity Assessment survey, the report further highlights the following key themes:

    • Business participation has a significant impact on program success. A full quarter of data governance programs with sustained business involvement scored in the top two tiers of maturity, compared with only four percent of organizations that either had IT-led governance or no governance at all.

    • Companies are not treating data management as a business process in its own right with 83 percent of respondents failing to document or only loosely documenting data policies, and more than half (54 percent) lacking any means of measuring the performance of data management activities.

    • Use of appropriate technology appears to be a leading indicator of overall data governance maturity. Twice as many respondents (36 percent) scored in the lowest echelon of maturity as compared to organization (17 percent) and process (16 percent).

  • The gap between perceived value of data and execution in protecting that value underscores a pent-up demand for effective governance.

  • The report finds that business engagement, business process focus and technology are key areas of focus to increase adoption.

  • The full report, which also includes detailed recommendations for organizations seeking to increase the maturity of their data governance program, can be found at www.kalido.com/dgmaturity.htm.

Quotes
Author of the report, Allen Johnson, vice president of marketing and channels, Kalido, said:

  • "Our survey results highlight the need for effective use of methods and tools for data governance. Survey responses seem to demonstrate a correlation between use of technology and governance maturity. This really should not be an issue today as available technologies and methodologies certainly provide the framework on which a company can introduce data governance into its continuous improvement programs."

Additional Resources

About Kalido
Kalido is the leading provider of business-driven data governance software. Kalido enables companies to manage data as a shared enterprise asset by supporting the business process of data management. Kalido software has been deployed at more than 300 locations in over 100 countries, including 20 percent of the world's most profitable companies as determined by Fortune Magazine. More information about Kalido can be found at: http://www.kalido.com.



 
Support Wikipedia

NeswBlaze top writers

Find more stories recommended by Stumbleupon.

newsletter logo

What's Hot?
1 .Breaking News: Cannes Film Festival Awards 2012 - 47
2 .Supermodel Bar Refaeli Adorns the Cover of the 2009 Sports Illustrated Swimsuit Issue on Newsstands Today! - 36
3 .Waterless 'Air Cooler PLUS' Beats Summer's Heat Without Making Your Home Muggy - 26
4 .Is It Coincidental We Have Another Missing Petite Blonde Coed, Mickey Shunick? - 13
5 .Very Young Girls Movie Review: Sex, Class and Ho Daddies - 14
6 .Early Marriage Has Harmful Effects on Women - 8
7 .Give a Great Valedictorian Speech - Joey Asher - 9
8 .Nepalese Maoists and Current Situation in Nepal - 9
9 .Sandra Bullock's Naked Success - 8
10 .BOLLYWOOD actress in HOLLYWOOD lesbian film - 8
Updated: 7:15 PDT     1517

NewsBlaze Editors

editors

NewsBlaze Writers

news writer images

Writers Wanted

Help NewsBlaze provide daily news, including top stories, Home and Garden, Technology, The Environment and more. NewsBlaze Writer

Follow NewsBlaze

NewsBlaze Social Media Logos NewsBlaze Facebook NewsBlaze LinkedIn NewsBlaze Twitter NewsBlaze YouTube NewsBlaze MySpace NewsBlaze Fan Page NewsBlaze StumbleUpon NewsBlaze Political Cartoons NewsBlaze Editorial Cartoons
NewsBlaze 
Copyright © 2004-2012 NewsBlaze LLC
Use of this website is subject to our Terms of Service and Privacy Policy  | DMCA Notice |         Press Room