SOURCE: Kalido

Kalido

September 13, 2011 07:45 ET

New Kalido Survey Uncovers Significant Unrealized Opportunity Due to a Lack of Data Governance

Business Leaders More Pessimistic Than IT on State of Data Governance

NEW YORK, NY--(Marketwire - Sep 13, 2011) - MDM & Data Governance Summit

  • Kalido, the leading independent provider of business-driven data governance solutions, today released a new data governance report that finds 76 percent of organizations have an intuitive or explicit awareness of data as a business asset, but only two percent treat it as an asset with quantifiable value.

  • Based on more than 200 responses analyzing the results from its Data Governance Maturity Assessment survey, the report further highlights the following key themes:

    • Business participation has a significant impact on program success. A full quarter of data governance programs with sustained business involvement scored in the top two tiers of maturity, compared with only four percent of organizations that either had IT-led governance or no governance at all.

    • Companies are not treating data management as a business process in its own right with 83 percent of respondents failing to document or only loosely documenting data policies, and more than half (54 percent) lacking any means of measuring the performance of data management activities.

    • Use of appropriate technology appears to be a leading indicator of overall data governance maturity. Twice as many respondents (36 percent) scored in the lowest echelon of maturity as compared to organization (17 percent) and process (16 percent).

  • The gap between perceived value of data and execution in protecting that value underscores a pent-up demand for effective governance.

  • The report finds that business engagement, business process focus and technology are key areas of focus to increase adoption.

  • The full report, which also includes detailed recommendations for organizations seeking to increase the maturity of their data governance program, can be found at www.kalido.com/dgmaturity.htm.

Quotes
Author of the report, Allen Johnson, vice president of marketing and channels, Kalido, said:

  • "Our survey results highlight the need for effective use of methods and tools for data governance. Survey responses seem to demonstrate a correlation between use of technology and governance maturity. This really should not be an issue today as available technologies and methodologies certainly provide the framework on which a company can introduce data governance into its continuous improvement programs."

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About Kalido
Kalido is the leading provider of business-driven data governance software. Kalido enables companies to manage data as a shared enterprise asset by supporting the business process of data management. Kalido software has been deployed at more than 300 locations in over 100 countries, including 20 percent of the world's most profitable companies as determined by Fortune Magazine. More information about Kalido can be found at: http://www.kalido.com.

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