It can’t be stressed enough that if your company wants to do the cool stuff with data like AI, machine learning, analytics, you have to have control over your data in a form of a solid data governance framework. It’s similar to wanting to build a fancy facade on your house, but you haven’t built the foundation – practically impossible.
As early as 2006, Gartner predicted that 90% of organisations would fail in the efforts to implement data governance. And today, these predictions have become reality. According to David Dadoun, Senior Director Business Intelligence and Data Governance at Aldo Group, only 10% of organisations that have deployed data governance are going to get any value from it. This leads us to ask: why is that?
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