Bad data is at the root of common business problems


A recent survey by IDG Research found that enterprises can expect an average of $38 million in cost savings or increase in revenue from a data governance program. Yet the approaches companies have taken to date have not addressed the problem of too much bad data that can adversely affect costs, revenues and business risk.

A data governance program can help you ensure valid data is in the hands of business users in every department and business function. The result? Better informed decisions. Reduced operating expenses. Better sales & marketing programs for customers. Statutory and regulatory reporting with accurate and consistent data. Lower risk across the board.

Take control of your most critical asset — information

 
A strong data governance program involves the data stewards – people who are experts in and “owners” of the data – and empowers them to make sure the data is accurate and valid. But people cannot do it alone. You need a technology platform that can act as a data firewall that only lets through valid, certified data through user-defined business rules and criteria. Three key components of a data governance program are validation rules, governance processes and audit & control capabilities.

  • Validation rules let through the good data, and make sure that bad data doesn’t get through. The rejected data is sent to data stewards who can fix the errors.
  • Governance processes ensure the bad data is routed to the right stewards, using workflow to manage the process.
  • Audit & Control procedures keep the data secure and keep track of changes. Additionally, it helps certify and prove valid data used for compliance purposes.

The Kalido Information Engine™ includes a workflow-driven technology for data governance that includes support for harmonizing, storing and managing master data over time. By acting as a “data firewall” in front of bad data, Kalido increases the consistency and accuracy of information by enabling business people to collaboratively control and manage master data in a workflow-driven, Web-based environment.

Key features of the Kalido Data Governance program:
 

  • Business model-driven data validation rule creation
  • Robust built-in workflow engages data stewards and controls governance processes
  • Role-based security imposed at any level of data
  • Full audit logging of all changes
  • Exchanges master data with other applications
  • Manages any kind of master data
     
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Video Blog: The Business Imperative in Data Governance

 
 

Webcast: Getting Started with Governance-Centric MDM: Practical and Tactical Recommendations


Learn why featured guest Forrester Research “continues to witness growing enthusiasm for MDM initiatives across all industries."  Join information management experts John Evans of Kalido and featured guest Rob Karel of Forrester Research andas they provide field-proven recommendations for effectively evangelizing enterprise data governance programs and scoping MDM implementations that deliver near-term ROI to your business.


Webcast: Bridging the Business-IT Gap


Interested in hearing how data governance initiatives can go from strategy to reality? Join Kalido to learn how improving collaboration and automation can empower your company’s business users. By giving the business users easy access to the information they need – when they need it – you enable them to make better business decisions, ultimately improving both top and bottom line performance.

Data Governance Interactive Guide


In this online interactive guide, Andrew White, Research VP with Gartner, answers important questions to help get you on the right path to success with a data governance program.

Solution Brief: Broker Data Governance


Learn how Kalido can develop a data governance program to help you deliver the high-quality broker data you need to increase revenue, reduce costs, and mitigate risk.

Data Governance Research Report


This research released by Kalido, IDG, and Computerworld reveals that data management efforts in large companies remain significantly ineffective, with less than half of all respondents rating their organization’s data management efforts as effective.

White Paper: Kalido for Data Governance


Bad data can be detrimental to your business. Without a data governance program, you might be propagating poor customer service, bad business decisions, compliance risk and more. With Kalido for Data Governance, you can meet pitfalls head-on with an advanced, business-model-driven technology that can adapt to your business’ changing needs.


Solution Brief: Data Governance


Download this Free Data Sheet on Data Governance with Kalido and see how a Data Governance program can arm you with the tools to overcome the pitfalls of bad data and the costs associated with it.

 

White Paper: Data Governance Framework


Download this Free White Paper from The Data Governance Institute founder and president, Gwen Thomas. This paper describes core concepts, components of the DGI Framework, and typical steps in implementing a program.