With the ever increasing complexity of data, buzzwords like machine learning and the sometimes unknown world of artificial intelligence yet a strong desire to be data driven, we aim to help companies navigate through the murky waters and bring clarity to what all this means for them. We do so by identifying the opportunities in your data and help build a strategy to realise the value in the data.
In today’s connected world, the volume of raw, organizational data grows at unprecedented speeds without much control over quality, accuracy, or comprehensiveness. Organizations that derive the maximum value from their data warehouses and lakes are capable of gathering insight that is both timely and reliable.
According to the Data Governance Institute (DGI), it is a practical and actionable framework to help a variety of data stakeholders across any organization identify and meet their information needs.
The DGI maintains that businesses don’t just need systems for managing data. They need a whole system of rules, with processes and procedures to make sure those rules are followed, consistently, every working day. That is a tall order for any system of governance. Tools like the Profisee Platform make the work much easier.
That’s good enough to get us started.
If you’ve managed to get this far, the benefits are probably obvious. Data governance means better, leaner, cleaner data, which means better analytics, which means better business decisions, which means better business results. Better market positioning. Mindshare in your space. Reputation. Better profit margin (everybody likes this one). Of course definitions are important. But action is more important. Now we know what it is. What do we want to do with it?
Regulation (EU) 2016/679 on the protection of natural persons with regard to the processing of personal data and on the free movement of such data. This text includes the corrigendum published in the OJEU of 23 May 2018.
The regulation is an essential step to strengthen individuals' fundamental rights in the digital age and facilitate business by clarifying rules for companies and public bodies in the digital single market. A single law will also do away with the current fragmentation in different national systems and unnecessary administrative burdens.
The regulation entered into force on 24 May 2016 and applies since 25 May 2018. More information for companies and individuals.
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