What is Information Governance? Why Do You need Information Governance Consulting?

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What is Information Governance? Why Do You need
Information Governance Consulting?

• Contoural Inc

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• Modern businesses thrive on information. With
  enormous amount of data coming in everyday, it is
  a very challenging task to maintain data for easy
  access and security. Therefore, information
  governance has become important more than ever.
  This article discusses what information
  governance is and why information governance
  consulting is required.

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What is Information Governance?

• Information governance is a strategic and
  continuous process of maintaining data,
  understanding and analyzing data in a business
  context, and utilizing it to add more value to a
  business. It is managing information at an
  organizational level, incorporating digital as
  well as physical assets, such as devices and
  printed documents. It provides the basis for
  regulatory compliance. However, organizations
  face challenges in realizing the worth of
  specific data. This means that sensitive data
  could be compromised, and potentially useful data
  remains underutilized. With the help of
  information governance consulting, which combines
  IT-driven data management with business-oriented
  information governance, an organization can make
  better decisions because of having access to
  reliable information.

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Why Information Governance Consulting is Required?

• Information governance helps organizations make
  better decisions by providing reliable analytics
  and ensuring compliance with regulations. Digital
  agenda or digital transformation agenda are based
  on data. Without information governance and
  consulting full digital transformation is not
  possible.

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Data Privacy Regulations

• Data is considered as a valuable asset for any
  business. However, due to privacy and safety,
  data protection has to be ensured lest it is used
  for malicious agenda. Data privacy regulations
  present workable solution to protect data.
  Compliance with regulations might not be the main
  purpose of information governance consulting, but
  has become very important since the rolling out
  of European Unions General Data Protection
  Regulation (GDPR) in 2018.
• In America, GDPR is becoming the de facto model
  for data privacy. Many privacy acts implemented
  in USA fulfill the same requirements as drawn by
  GDPR. Consumers in the USA have the right to
  access their data, correct inaccuracies, and
  request the deletion of information. Moreover,
  those

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Increase Efficiency and Decrease Data Fetch Time

• Poor data management affects the performance and
  productivity of an enterprise by consuming an
  average of around 30 percent of its time because
  of non-value-added tasks, performed due to bad
  data quality and availability.
• Manual maintenance of data, done by data
  stewards wastes majority of their productive
  time in non-productive activities. The locating,
  cleaning, fetching and reorganizing huge amounts
  of data, eats up around 80 of their time on
  unproductive activities, and only 20 percent of
  their time on actual data analysis. Majority
  human resource in a business organization spend
  an average of 10 or more hours per week on
  data-related activities, which make it all the
  more important to hire information governance
  consultants.

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Contoural Information Governance Consulting

• By supporting enterprise information governance,
  digital transformation and other data related
  activities, Contoural enables an organization to
  utilize resources time on more valuable
  activities, rather than engaging in maintaining
  data and performing data related activities.
• Contoural information governance consulting uses
  a variety to sophisticated tools and apps to
  combine data catalog with data literacy
  capabilities, to raise awareness of data usage,
  and to have access to available data assets
  efficiently. Our information governance
  consulting also includes providing guidance on
  data use, and guardrails to ensure data policies
  and best practices are followed. To know more
  about information governance, get connected with
  us today.

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THANK YOU