Data plays a critical role in business, allowing businesses to make better choices and drive growth. However, managing this wealth of data can be a challenging task. Flexible data management is crucial for ensuring that your business can benefit from data.
Flexibility is key in any GRC program, since it allows organizations to adjust to changing requirements. Data silos are created by rigid models and barriers to sharing however, flexible approaches such as metadata-driven glossaries for business, data dictionaries and data lineage records could help to address these issues. Flexible data management allows organizations to avoid costly platform-based units, like data ponds and warehouses, which are often difficult to migrate or scale up in order to meet increasing demands.
In this episode of GRCM & ME, Director of Customer Success Szuyin Leeow explains why https://boardroomreview.blog/virtual-data-room-prices-for-organizing-future-costs/ flexibility is essential in GRC. She also explains how to incorporate it into your data management strategy.
The best way to ensure that your organization’s solutions for managing data remain flexible is to design them with the goal in mind. This involves agreeing on what you want to gain from your business and the results it hopes to achieve so that you can effectively structure and configure your systems to achieve those goals. MarkLogic’s semantic capabilities can help you rapidly increase the size of your data infrastructure without compromising the security of your data.
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