Enterprises having a hybrid and multi-cloud strategy are evaluating and adopting cloud data governance, master data management, data quality, and controlled personalization of information. They are looking for a packaged service offering to standardize data governance and business metadata management, while ensuring regulatory compliance.
With the evolution of data landscapes, there are business challenges around:
- Industry-specific business and technical glossary
- Data catalog standardization, classification, and change management
- Identification of trusted data sources for better accountability
- Data quality accuracy, security and master data management
- Managing overheads, third-party dependencies, inadequate skills and cost control