A data governance software aims to control the who, what, how, when, and where of your business’s data to ensure security and compliance with regulations of the industry. Data management professionals, IT departments, and business analysts utilize it to maintain consistency between datasets, streamline data sources, make informed decisions, and simplify big data.
There are several different types of data governance tools that are available each with its own distinctive capabilities and features. To narrow down your options start by identifying your specific requirements and goals you have in mind. Make a list with all the features you require for example, metadata tracking, data lineage, etc.
Take into consideration the cost of the software. While investing in a data management solution www.ecodataroom.com/securedocs-virtual-data-room-review/ can be beneficial over the long run but it is essential to ensure that the budget is balanced with the functionality you desire.
For example, if you’re looking for a complete tool that supports multiple governance frameworks, you should consider Collibra. This tool comes with a comprehensive data catalog that profile and documents every single piece of data, as well as an integrated framework for data stewardship that empowers business users. It also offers advanced search capabilities as well as a business glossary that is smart and provides an understanding that is consistent.
Another option is erwin, which provides a simple and clean representation of all your data. It also has an auto-classification tool that can detect connections and anomalies in your data. Furthermore, it will help you save time by automating routine tasks like monitoring the quality of data and solving issues. It also gives you self-service features through its built-in data discovery analytics, reporting and analytics.