Remove 2020 Remove Data Governance Remove Government
article thumbnail

Data Governance is Vital to the Future of a World Ruled by Artificial Intelligence

Smart Data Collective

billion in 2019 and is growing at a pace of 42% a year between 2020 and 2027. Data governance is going to be one of the most crucial things in the future as we work towards more adoption of artificial intelligence and machine learning. This will only work if they have access to that unlimited data. The AI Revolution.

article thumbnail

Why Data Privacy and Data Governance Will Be Even More Mission-Critical in 2021

Dataversity

2020 was certainly a year of surprises, and perhaps the most acute lesson learned by businesses and consumers alike is that nothing is impossible. Looking within the lenses of Data Management, data security, and privacy, the same holds true. The internet is awash with data that is […].

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

6 Data And Analytics Trends To Prepare For In 2020

Smart Data Collective

Big data alone has become a modern staple of nearly every industry from retail to manufacturing, and for good reason. IDC predicts that if our digital universe or total data content were represented by tablets, then by 2020 they would stretch all the way to the moon over six times. Machine Learning Experience is a Must.

article thumbnail

Why Data Quality and Data Governance are Important to Achieve Compliance

Analysts Corner

In this article, we present a brief overview of compliance and regulations, discuss the cost of non-compliance and some related statistics, and the role data quality and data governance play in achieving compliance. In 2020 alone, banks were fined $14.2 Compliance is about following rules and regulations. Million.

article thumbnail

What is the Future of Business Intelligence in the Coming Year?

Smart Data Collective

In this article, you’ll discover: upcoming trends in business intelligence what benefits will BI provide for businesses in 2020 and on? Business intelligence software will be more geared towards working with Big Data. Data Governance. One issue that many people don’t understand is data governance.

article thumbnail

How The Explosive Growth Of Data Access Affects Your Engineer’s Team Efficiency

Smart Data Collective

In fact, you may have even heard about IDC’s new Global DataSphere Forecast, 2021-2025 , which projects that global data production and replication will expand at a compound annual growth rate of 23% during the projection period, reaching 181 zettabytes in 2025. zettabytes of data in 2020, a tenfold increase from 6.5

Big Data 288
article thumbnail

Practical Points from the DGPO: Three Key Aspects of Data Governance

The Data Administration Newsletter

In October 2020, the Office of the Comptroller of the Currency (OCC) announced a $400 million civil monetary penalty against Citibank for deficiencies in enterprise-wide risk management, compliance risk management, data governance, and internal controls.