Effective data governance is the foundation of all successful businesses. Organizations are dependent on data insights to create strategic value, but there is simply too much data to be able to quickly and easily identify and understand it. Most companies may have fragmented and underutilized data dispersed across their organizations in databases and data lakes.
To ensure compliance with regulatory requirements, organizations must know what data they have and where that data is stored. For example, the General Data Protection Regulation (GDPR) requires any company that does business in the European Union (EU) – including those located outside of the EU – to keep sensitive consumer data protected or else face financial penalties of up to 4 percent of their annual revenue or €20 million, whichever is the highest.
The Io-Tahoe governance capability enables you to better understand, protect and maximize new and existing data; helping CDOs, CTOs, CIOs, business users and IT decision makers verify data quality, uncover new sources of information and discover new ways to draw business value from their data.
We also simplify compliance with automated data discovery and clear data visualization so you can easily understand data dependencies and the flow of information throughout your company.
The General Data Protection Regulation (GDPR) will introduce new data protection requirements and penalties for companies handling European consumer data. To make sure you’re ahead of the curve on those regulations, register for our ‘Are you ready for GDPR?’ webinar, held every Thursday at 1 p.m. EST and hosted by Io-Tahoe Vice President of Business Development and Sales and Dataversity columnist Stuart Tarmy.