Companion Data Catalog Study Also Available
NASHUA,
N.H., June 17, 2024 /PRNewswire/ -- Dresner
Advisory Services today published the 2024 Data and Analytics
Governance Market Study, part of the Wisdom of Crowds®
series of research. Data and analytics governance provides formal
oversight of data and analytic content management and its usage
across the enterprise and beyond.
The 2024 Data and Analytics Governance Study Report analyzes end
user behaviors and intentions around the relative importance of
governance in technologies and initiatives, the difficulty in
finding data and analytic content, and organization and practices
related to data and analytic governance.
According to the study, only 32 percent of respondents report
having a formal governance organization; 69 percent indicate some
level of difficulty in finding data and analytic content. Among
respondents reporting a data governance organization, 52 percent
report into the Chief Data Officer function, followed by 18 percent
reporting to IT.
"The rapid integration of Machine Learning and Artificial
Intelligence (ML / AI) is expanding and accelerating dependency
upon data and analytic content, yet relatively few organizations
address governance on a deliberate and comprehensive basis," said
Howard Dresner, founder and chief
research officer at Dresner Advisory. "Realizing the promise of
becoming a data-driven organization with a corresponding mitigation
of risk will require establishing a holistic formal governance
program, executed at the enterprise level, and enabling technology
that spans organizational data, analytic content, and ML / AI
assets."
Dresner Advisory also published a companion report covering Data
Catalogs. The importance of a data catalog stems from its ability
to enhance data discovery, enable data governance and compliance,
foster collaboration, support data integration and analytics, and
facilitate data-driven decision making. It serves as a foundational
technology that underpins effective data management and utilization
within organizations.
Wisdom of Crowds® research is based on data collected
on usage and deployment trends, products, and vendors. Users in all
roles and throughout all industries contributed to provide a
complete view of realities, plans, and perceptions of the
market. For more information visit
www.dresneradvisory.com.
About Dresner Advisory Services
Dresner Advisory
Services was formed by Howard
Dresner, an independent analyst, author, lecturer, and
business adviser. Dresner Advisory Services, LLC focuses on
creating and sharing thought leadership for Business Intelligence
(BI), Performance Management, and related areas.
Press contact
Danielle Guinebertiere
Dresner Advisory Services
379175@email4pr.com
978 254 5587
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SOURCE Dresner Advisory Services