In a big data environment, organizations must improve the level of trust users have in information, ensure consistency of data, and establish safeguards over information. When information is trusted, businesses can optimize outcomes. Developing this level of trust requires an information integration and governance platform that supports a big data strategy.
Ventana Research Perspective
Delivering trusted information for big data and data warehousing
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Getting big value from big data
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- Ensure the highest quality information
- Master big data into a single view
- Govern big data throughout its lifecycle
- Protect and secure big data
- Integrate big data for a common view
- Ensure a single understanding and set of knowledge
Many organizations pursue big data analytics to find breakthrough insights that give them a competitive advantage. They are competing on analytics. But organizations can’t really compete on analytics alone. The reality is organizations are competing on information and analytics – and in order for the information to be acted upon, it must be trusted. In the new era of computing, companies must ensure that their analytics are driven by trusted data.
What makes an organization and its users trust information? We believe that there are six key factors involved:
- Information is Understood – its origin, value, and quality profile are well understood.
- Information is Correct – it is standardized, validated, verified, and matched.
- Information is Holistic – it shouldn’t be fragmented with competing versions of the same information.
- Information is Current – only the most recent and relevant data is stored, and old data is either archived or deleted.
- Information is Secure – the level of protection (encryption, redaction, security, and monitoring) from data breaches matches the governance requirements of the data.
- Information is Documented – the information’s source system, and all of the governance rules and transformations that were applied to it, must be tracked, explainable, and made visible to end users
Companies will compete on insights from trusted Information - the supply of trusted information is as important as the analytics – and information integration and governance is more important than ever.
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