Data Governance - Managing Information as an Enterprise Asset
In a knowledge economy, information is one of the most valued enterprise assets. In a transformation economy, proper governance of information becomes a critical success factor. Data and information will outlast applications requiring the management of data and knowledge assets through time as applications, and even business processes change. Data governance is essential to ensuring that data is accurate, appropriately shared, and protected. Data is rationalized to create information. Information is rationalized to create knowledge. And knowledge is the basis for wisdom, supplemented by intuition, in decision making.