Data represents a critical business asset with the potential to drive business strategy and innovation. But to harness the power of data, organizations need to manage it effectively in a constantly evolving digital environment.
HOBOKEN, N.J. (PRWEB) December 13, 2022
eMazzanti Technologies, a NYC area information governance expert and MSP discusses 2023 information governance trends in a new article on the eGovernance.com website. The informative article first asserts that organizations must manage data effectively to harness its power.
The author shares the trends organizations will see in 2023 beginning with expanding privacy regulations. He then explores how the democratization of data facilitates decision making. He continues by emphasizing the need for AI and automation in data governance. He concludes by observing that hybrid and multi-cloud architecture is here to stay and confirms the central role of metadata management.
“Data represents a critical business asset with the potential to drive business strategy and innovation,” related Greg Smith, Vice President of Services Delivery at eGovernance. “But to harness the power of data, organizations need to manage it effectively in a constantly evolving digital environment.”
Below are a few excerpts from the article, “2023 Information Governance Trends Driving Business Strategy.”
Evolving Privacy Regulations
“Privacy law continues to drive information governance programs, and 2023 brings regulatory changes to key states. For instance, the California Privacy Rights Act amends the existing California Consumer Protection Act and takes effect on January 1.”
Emphasis On Data Democratization
“On the other hand, while a compliance mindset emphasizes restricting access to data, 2023 also brings an increased focus on data democratization. That is, data plays a critical role in decision making at all levels. Therefore, users in a wide variety of business roles, from sales assistants to executives, need ready access to quality data.”
AI and Automation Will Prove Essential
“Without automation, this increasingly complex data environment would prove impossible to manage. Consequently, automation—powered by artificial intelligence (AI) and machine learning (ML)—will prove increasingly essential in 2023 and beyond.”
Hybrid and Multi-cloud Architecture is Here to Stay
“Managing data across these various environments can prove challenging and result in data silos. This fragmentation in turn leads to complications with data access and other information governance issues. Organizations will need to invest in technologies designed to find and manage data in a hybrid environment.”
Experts for Information Governance Strategy
A good first step to implementing an effective information governance strategy involves a comprehensive data audit. The audit highlights what data exists and where it lives. eGovernance consultants identify potential risks and help organizations implement a data management strategy designed to reduce risk and support business goals.
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