If you use your information to make business decisions, then that information has value
Its value is related to how your data helps you to run your business
Information Valuation Models include
Relates to the quality of the information
Relates to the quality and the timeliness of the information for business processes
How does having and using the information affect key business drivers?
Demonstration: Managing data by value
Business outcomes drive the day to day operations of the Data Governance program.
This requires collaboration between business and IT.
Data360 Govern enables Information Value Management by automating key data management processes, involving the right people to add context to each asset, with a full history of the decision making process.
First, business stakeholders identify key business goals, metrics and objectives and align these to data terms and assets.
Then, IT stakeholders are able to link technical assets - cataloguing systems, attributes and data flows that are directly required to meet these business goals and objectives.
Simple, consistent interfaces ensure that both business and IT stakeholders can quickly and easily find and analyse the data assets that are relevant to their job, quickly understand the potential impact of desired changes, and make informed decisions.
The platform delivers a fully integrated view of your data environment, including workflow capabilities to assign work items to the corporate and business data stewards.
Data360 Govern helps to drive a business-friendly data management program by linking technical tasks and to business outcomes.
Business Friendly Data Governance and Catalogue