A data governance software aims to manage the who, what, how, when, and where of your business’s data to ensure security and compliance with industry standards. It’s typically utilized by data management professionals, business analysts, and IT departments to maintain consistency across multiple datasets, improve the efficiency of big data sources, and help facilitate informed decision-making.
There are a variety of data management tools each with its own unique features and functionalities. Begin by identifying the specific business goals and needs. This will help you narrow down the choices. Make a list with all the features you require, such as metadata tracking, data lineage, etc.
Consider the cost of the solution. While investing in a solution for data governance can be beneficial over the long run however, it is important to balance the budget with the desired functionality.
For instance, if looking for a full-featured tool that can work with multiple governance frameworks, you should consider Collibra. This solution includes an integrated data catalog that identifies and records every single piece of data, and the framework for data stewardship that empowers business users. It also comes with advanced search capabilities, as well as a smart business dictionary for consistency in understanding.
Erwin is another choice that offers a clutter-free and an intuitive representation of your data. It also www.ecodataroom.com/data-governance-tool-the-virtual-data-room/ features auto-classification capabilities that detect anomalies and relationships within your data. It also can save you time by automating routine tasks such as monitoring data and resolving problems. Additionally, it allows self-service access by integrating capabilities for data discovery and reporting.