A fully implemented data governance framework can help small and large organizations:
- Connect all their data in a centralized platform securely
- Easily identify the original source of data and prepare it for analysis
- Leverage data as an enterprise asset in their reporting
- Transform raw data into valuable insights
- Understand data better so that it is reliable to use for decision-making
Today, analytics and business intelligence (BI) solutions are designed to help implement your framework by providing all the tools to control, manage and track data - which makes it more important than ever to choose a BI vendor that supports governance.
What does data governance look like?
How data governance guidelines and frameworks are established varies between businesses, and how these processes are ultimately implemented depends on the analytics solution chosen.
A data governance framework lays out the policies, standards and quality KPIs that are required, by the business, from their data. This typically includes the rules that must be adhered to, the quality control measures that underpin them, and the organizational structure (a dedicated committee within the business and established roles and permissions, such as data stewards and data owners) that ensure ongoing, consistent management of this overarching framework.
Typically, most businesses select a BI vendor with data governance and control tools to help establish this framework into practice, and ensure the high quality and availability of their data in one centralized platform. Implementing governance here helps improve the overall privacy and security of data assets, both when used internally and externally. Analytics platforms with comprehensive data governance capabilities typically offer tools that cover the following areas:
Administration console: This allows admins to to view, manage and search system-wide configurations, such as data sources, users (groups and roles) and metadata layers, in a centralized place to track data usage, optimize the BI environment and manage deployment.
Content organization: Analytics platforms that facilitate governance management offer ways to ensure content (reports, dashboards, data visualizations, etc) always make it to the right people, such as Yellowfin’s
Content Folders system. Content organization capability allows for the delineation of content by business unit (marketing, sales, finance, etc) or experience (day-to-day, broad organizational reports, C-suite, etc).
Data lineage: This allows organizations to easily define the data flow path and track the origin, relationships and dependencies of their data sources and assets for better clarity, confirmation and confidence in the trustworthiness of the data they eventually use for decision-making.
Data ownership: BI tools with data governance support always allow for easy assignment of data assets to specific owners, stakeholders and users, to establish clear accountability over which groups or individuals have authorized access to certain business information. For instance, you can ensure only certain users are given access to a particular data set or embedded content, which is specific to their organization and persona which you pre-configure. Ownership tools in analytics platforms typically also enable admins to manage queries or issues that may arise pertaining to data.
Data preparation: Analytics platforms with a
data preparation module such as Yellowfin enables users and admins to easily model, profile, clean, shape, enrich, publish and secure trusted data. If you want to prove your users
self-service analytics, you need a data preparation capability to build a meta-data layer, which acts like a business translation layer (project, workbook, etc) that makes it easy to create new content from it in a governed and secure way.