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Data Governance Trends – 2020

We are in the middle of uncertain times owing to the Covid-19 pandemic. However, businesses need to continue to gather data, glean insights, and make sound business decisions. As a matter of fact, the demand for accurate, complete, and efficient data has increased now more than ever as better decision makers with a sense of urgency will be the winners in this current business scenario. The adoption of social distancing and work from home by key data management stakeholders demands better data security as data is accessed and managed at home offices through unsecured public networks. While businesses that have embraced cloud-based data strategies will be at an upper hand, they will need to re-assess their data architecture, data storage and data lake concepts, and data distribution strategies to ensure data privacy and confidentiality. The key trends highlighted in the report will change the dynamics of data governance in 2020 and beyond.

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