Data Governance refers to the strategy of managing and controlling data throughout the enterprise and thus ensuring to derive more value from that data. It is about enabling and encouraging good behavior regarding data, and limiting behaviors that create risks.
It is important for enterprises because it ensures that the data is reliable and consistent. Organizations rely on data to make business decision including product strategy, operations optimization, increasing revenue, makes it more critical. It is generally achieved through a combination of processes such as data stewardship, data quality and data management.
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