A Data Owner is responsible for the respective data in particular domain. Data Owner can approve data definitions, data glossaries and also can initiative the activities in regard to the data quality.
GOALS:
Improve customer experience.
Deliver business insights
Meet compliance requirement
Encompasses total responsibility for an organization’s data strategy (from putting in place measures to ensure things don’t go wrong, through to compliance with regulation such as GDPR and drawing the most amount of insight and competitive advantage across the business ) to optimize business by creating valuable place in Market innovation.
CHALLENGES :
Data Protection, Data Security and Data Quality
Data Monetization for source data
Implementing a transformation takes time while altering the way people look at data
Ensuring that each critical data element has a clear definition
Risk of regulatory fines
Better planning by supervisory staff, minimizing or eliminating re-work, optimize staff effectiveness
Establish process performance baselines to enable improvement efforts
How DIP Helps Data Owner
RESOLUTION :
Making Data consistent and Improving the Data Quality with effective Data Quality validation rules through Orchestration Engine
Visualizing trust index score and reports with Data Quality Metrics
Making data accurate and complete with Governance stewardship
Maximizing the data usage with better decisions
Improving the business planning
Improving the financial Performance with minimal human interference
Customizable regulatory policy management
Role based accessibility with User Management
DIP guides the business teams and data users more actively in terms of their choices and possibilities that are available to them for ensuring that data is properly monetized.
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If you have queries we are ready to discuss how our Data Insights Platform can help you in improving your organization governance process.