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AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

AIROI - Artificial Intelligence Return on Invest: The AI strategy for decision-makers and managers

Start » Data Governance Framework (Glossary)
9 July 2024

Data Governance Framework (Glossary)

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The term Data Governance Framework is particularly at home in the areas of Big Data and Smart Data, Digital Transformation, and Cybercrime and Cybersecurity. It's about how companies and organisations responsibly and securely manage their data.

A data governance framework is a set of rules that specifies who in the company is responsible for which data, how that data is stored, used, protected, and controlled. This framework ensures that data is handled reliably, accurately, and in compliance with regulations.

Imagine a large company collecting customer data from various sources: online shops, customer service, or social media. Without clear rules, employees could access too much sensitive data or accidentally save incorrect information. A Data Governance Framework precisely regulates who can view and edit which information. This significantly reduces the risk of data misuse or data loss.

A good data governance framework therefore helps to protect data better and to use it specifically for business decisions. At the same time, it ensures that companies can more easily comply with important legal requirements, such as data protection.

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