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some like it hot 02

Talking About Analytics Governance…

Some Like It Hot

I had the pleasure of attending the DGIQ conference in San Diego last month.  It had been some time since I had attended an event in person, I think Big Data London '21 was the most recent prior to this, and I was very much looking forward to meeting some of the Data Governance community in the US and exchanging ideas.  Added to this I'd been accepted to present on a topic close to my heart: "Analytics Governance - adding value in the final mile".

Well, I have to report the conference venue was ideal, the event well organised with wide-ranging, topical content, and the participants - speakers, attendees and exhibitors were fully-engaged. Congratulations to Tony Shaw and his team for providing a great forum to exchange ideas.

The presentation was fun to deliver.  Fair to say I was a little apprehensive that a 5pm slot on the first day of conference would yield a low attendance but was happily proved wrong.  Throughout, the audience asked searching, relevant questions on Analytics Governance and I hope they found our discussion as useful and thought-provoking as I did.

Anyway, that reminds me of one stand-out question I received at the Q&A stage of proceedings.  I'd placed an image of the Forum in Rome on the slide with a few question marks peppered across it.  On inviting further questions a hand shot up and someone asked: "When's the best month to visit Rome?".  Drawing on my limited experience I was able to reply along the lines of "June's fine if you don't mind the heat but I'd recommend you skip the Trevi fountain and Spanish Steps...".  Always up for a left-field question.

Other themes touched on in the session related to the need for end-to-end observability from data source to point of consumption, providing quality assurance for analytics output and how automation can drive efficiencies in transformation and migration programmes.  From holiday advice to thorny problems experienced with analytics in the information supply chain - an eclectic mix.

Anyway, the conference gave me an opportunity to listen to people's views on what's being done well in the data governance domain and also areas where challenges remain.  Transpires that Analytics Governance is an emerging topic of interest and it was great to validate this with folks who seemed to relish challenging hubris and "group think".

So, the trip from London was certainly worth it from my point of view.  I got to meet a range of people: practitioners, vendors, polymaths and specialists; and felt that I was able to take the pulse of what's going on in the data governance space.  This domain, a little like San Diego in early June, is warming-up, trending to hot.

Looking forward to another trip to the beach in 2023!

BI & Analytics - 07/13/2022
Gold-L

Analytics Governance

Meeting the challenge?

Today, more than ever, organisations are seeking to harness their information assets as effectively as they can.  Many are introducing automation to improve efficiencies, cloud computing to reduce costs and AI/machine learning to deliver a further range of benefits.  Often the transformation needed by mature organisations with complex IT architectures requires a commitment to complex, multi-year change programmes.

Not addressing the constraints of aging, legacy systems leaves companies vulnerable to new, disruptive entrants that are not hampered by the baggage of the past.  Hence, the strategic, enterprise-wide initiatives being undertaken by organisations of all hues to modernise and become “data driven”.

The creation of executive roles such as Chief Data Officers (CDOs) and Chief Data and Analytics Officers (CDAOs) alongside the wide-spread adoption of data governance initiatives marks the growing importance of controlling data to support corporate strategy.  A focus has been on improving the quality and value of data assets.  Rightly so, as they are the foundation of information that flows and is used throughout organisations.  But what is happening downstream of these on-prem or cloud data stores, lakes or lake houses?...

What control is being applied to Analytics assets?  How are responsible C-suite executives equipped to control and curate the applications that source governed data and produce much of the information used for decision-making?

Most companies that have undertaken some form of digital transformation will continue to use multiple, disparate BI and analytics applications.  This presents a range of challenges that left unaddressed will result in continued issues and the potential benefits from improvements to data assets not being fully realised.  Some of the challenges I’m aware of by team are:

For analysts, developers and support teams:

  • How can we identify inconsistencies and address proactively?
  • How can we analyse issues, react and resolve quickly with reduced effort?
  • How can we simplify and optimise the portfolio of BI & analytics applications?
  • How can we reduce repetitive manual tasks and focus on analysis?

For management:

  • How can we mitigate the risk of mis-reporting?
  • How can we optimise our BI & Analytics resources?
  • How can we deliver change programmes efficiently and with reduced risk?
  • How can we maximise the value of our data and analytics assets?

For consumers of analytic output:

  • What degree of confidence to attach to metrics?
  • Where to find the appropriate information across so many apps?
  • How is information produced and in what context should it be used?

What challenges do you experience in producing or using BI and analytics?  How do you tackle them now and what, if anything, are you hoping for by way of improvement?

Green shoots are emerging in the form of governance practices and new software solutions to help address some of the above.  Metonomy, for one, enables organisations to increase the value of their analytics assets through metadata automation software.  It is now possible, using such solutions, to extend enhanced governance and control to the “last mile” of an enterprise information flow.

We will be sharing more insights and guidance in future posts, so if you are wanting to find out more about governance and how to improve trust in your data, then stay tuned.  Find out more about the art of the possible, today, at: www.metonomy.io.

BI & Analytics - 03/18/2022

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