What are the most effective methods for businesses to integrate data democratization into their data management strategies?

by | Nov 16, 2022 | Blog

Imagine having unbearable tooth pain one morning and immediately making a dentist appointment for the next hour. When you arrive at your dentist’s office, the receptionist calls you into the examination room after having you fill out a physical form with your information. The dentist looks at the sore spot, sends you to another facility for an X-ray, and advises you to take painkillers until you get the X-ray results. You visit the clinic your dentist has advised, provide your information, and then bring the results back for additional assessment. Your dentist suggests a procedure that will need you to visit another hospital and give them access to your data and medical history.

Consider your diagnosis, course of treatment, and the locations and platforms on which you disclose your data.

Do you know the location where this data is stored?

How is it protected?

Why are clinics and hospitals keeping your data on hand? This information could be utilized for medical research or analysis to create a new treatment. Alternatively, the information might be utilized to study customer behavior.

The fact that modern consumers are unaware of how and where their data is being used is alarming. Your information is exposed to data breaches that could compromise your identity and cause you harm. Stewards occasionally use the data they collect to create various financial benefits.

Each individual has ownership rights over their data, giving them a stake in how it is used and the possibility to make money off it if it is used to derive financial benefit.

Data democratization gives owners access to their data to get the most value outside the IT department. With data democratization, data owners can fully own their data. Data management strategies for the companies that store their clients’ data must contain a plan toward data democratization.

The top three ways that data managers can incorporate Data Democratization into their data management strategies are as follows:

1. Analyzing data:
As the world transitions to a digital language, businesses are drowning in a massive data sprawl that is only expanding. If the data contains sensitive information, redundant, obsolete, trivial (ROT) information, cold or hot data, or both, it is necessary to determine the source and true owner of the data. The first step toward democratizing data is for businesses to identify the data source, which can be done with this data analysis.

2. Data storage:
What happens to obtained data after it has been gathered, and who has access to it?
Depending on the type of data and its intended use, data may be generated and stored in one or more places, while in other circumstances, it may be sourced/created and stored in multiple places. To decide which data in a distributed model requires access, it is essential to know what critical data is kept in Data Lakes or other IT-managed systems. The greatest data storage environment for democratizing access to data is a hybrid cloud since it promotes interoperability among all stakeholders, most notably the data owner, who has unrestricted access to their data securely.

3. Data Governance:
One of the key factors in the democratization of data is data governance. An effective data governance plan describes how data is accessed and processed in the context of an enterprise’s data democratization strategy and overall business objectives. It clarifies who needs to see what data and what level of security, encryption, and other safeguards should be used, given the nature of the data in more detail.

There must be a clear understanding of what data should be available & accessed or deleted or inaccessible from group to group to avoid data overload and other information security risks.

Data Dynamics’ unified unstructured data management platform is your one-stop shop for all your data management requirements. The platform comprises four modules: Data Analytics, Mobility, Security, and Compliance. Enterprise customers can use Data Dynamics to do away with the need for individual point solutions and siloed data views. Instead, businesses may use a single software platform to organize their unstructured data, gain access to data-driven insights, secure data, ensure compliance and governance, and manage cloud data. Data Dynamics’ goal is to assist enterprises in democratizing access to data so that everyone, regardless of technical proficiency, can quickly access, comprehend, and gain the most knowledge from unstructured data.

Click here to learn more or reach us at solutions@datdyn.com I (713)-491-4298 I +44-(20)-45520800

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