Companies need an integrated view across the entire organization providing a common way to govern and manage data. This view combines critical pieces of metadata – technical, business, and operational – across the complete organization data supply chain.
Data Governance helps organizations make efficient decisions by providing credible and secure information. What is the gross margin? How is it calculated? Where do I find these data? What sources assure me of them? Who changed this measure? But that’s not all: without a Data Governance tool it is really difficult to be able to comply reliably with the increasingly demanding regulations (GDPR, RDA).
The problem lies in Companies mistakenly thinking they do not have all the necessary metadata available to set up a solid Data Governance strategy. In reality, the organization has them all. Metadata are always available and ready to bring many benefits. What they lack is the right tool, one that is easy to implement and capable of automatically understanding metadata, reconnecting them and making them shareable at every level of the organization.
This process, which recovers the in-depth knowledge of physical IT processes (Data Lineage), completes and concretizes any Data Governance initiative which, without connection to the “physical” part, would otherwise remain a “theoretical” operation and would not bring the expected benefits to the Company.
Therefore, if you are seeking a Data Governance strategy, make sure you detect all your metadata and manage them properly and automatically through a Reversal Data Lineage solution.
Applications stop being developed as isolated processes and are built, instead, as the concatenation of tasks on data flows that can be easily parallelized in computing nodes and shared/used, in turn, by other processes. One of the biggest holes in the Data Governance market around data lineage is the failure to scan lineage information from programming code.
On the contrary, About Data Governance Data Lineage solution does this.
Self-service, of course, has become embedded in the enterprise, and being able to automatically track data lineage clearly has tremendous benefits:
- Immediate access to where the data comes from to create a reliable basis for making data-based decisions;
- Speedy
- Trasformations
Why trasformations are so important?
Transformations are the rules applied to any aspect of a company’s everyday life. Through transformations you establish:
- how to calculate the EBITA;
- how to calculate dividends;
- how to calculate your warehouse stock value
- how to calculate the company’s growth…and so on and so forth.
If you miss a Reversal Data Lineage solution you miss the link to your company’s rules.
Therefore, the transformation process is the most important piece of a metadata picture. It helps reply to simple but fundamental questions:
- Where did you get this data set?
- How were the data transformed?
Today in many organizations there is still too much manual work, sometimes very laborious and prone to error. To avoid such a mistake and such knowledge problems, companies need to automate their IT systems. They need an AUTOMATIC Reversal Data Lineage to quickly and accurately document 100% of the application chain. Moreover, they need a “useful Reversal Data Lineage”: that is, Complete, Validated, Automatic, Historicized and Usable.
With Reversal Data Lineage business users and analysts do not have to go around to IT and other LoBs to understand where a number comes from, because now that information is immediately accessible to them!