What is the significance of data governance in organizations? 🔊
The significance of data governance in organizations lies in its ability to ensure data quality, security, and compliance with regulations. Good data governance defines who can access data, how it can be used, and what controls are in place to protect it. This framework is crucial for maintaining the integrity of data assets, facilitating better decision-making, and minimizing risks associated with data breaches or regulatory non-compliance. Ultimately, effective data governance supports organizational efficiency and fosters trust in data-driven initiatives.
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