ROI in Information Governance: Strategies for Zero Budget

By |2024-11-25T16:31:53-05:00November 13th, 2024|article, Blog Archive, Information Governance and Management|

Effective information governance requires substantial investment in people, in technology, and in processes. These costs can make it challenging to gain critical sponsorship from budget-conscious executives. However, by implementing several key data strategies, data leaders can clearly demonstrate ROI in information governance. Start with a culture shift by reframing the approach to governing data. Information governance represents far more than a compliance exercise. In fact, this strategic imperative can significantly impact the organization’s bottom line by reducing risks, improving operational efficiency, and unlocking data value. Align Information Governance with Business Goals When information governance efforts support business priorities, they deliver

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The Importance of AI in Modern Records Management

By |2024-12-10T08:22:10-05:00October 16th, 2024|AI, article, Blog Archive, Information Governance and Management|

The use of artificial intelligence in businesses has been on the rise. In fact, according to McKinsey, 72% of organizations have incorporated AI for use in at least one business function. This means the importance of AI in modern records management cannot be understated. From streamlining work to getting valuable insights in documents, using AI in records management has a uniquely modern importance. The following are some ways you can incorporate AI into your records management to help increase efficiency and save money. Document Classification If documents are haphazardly stored across your system, it can be difficult to make sense

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AI-Driven Retail Information Governance Tackles Data Challenges in the Omnichannel World

By |2025-02-05T18:00:47-05:00July 12th, 2023|Cyber-Security, Information Governance and Management|

Today’s retailers depend on data to improve decision making, increase efficiency and drive customer engagement. However, as omnichannel marketing increasingly dominates the retail space, businesses need to adjust their data strategies accordingly. AI-enhanced tools allow retailers to strengthen retail information governance and optimize data value. For example, IBM offers AI governance solutions to help retailers ensure their AI models are transparent, compliant, and trustworthy. And Vue.ai, a retail automation platform, uses AI to optimize demand forecasting and supply chain management by processing large volumes of data. Information governance involves managing the quality, security, privacy, and accessibility of retail data. Properly

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Control the Future of Data with AI and Information Governance

By |2023-03-15T17:46:16-04:00March 1st, 2023|Data Compliance, Information Governance and Management|

As business leaders know, great opportunity often brings great risk. Thus, big data drives strategy and informs decision making. But mismanaged data creates security and compliance nightmares. New AI tools promise to help but raise privacy and ethics concerns. However, AI and information governance together harness opportunity while minimizing risk. For example, protected health information slides under the radar in numerous formats, from emails to meeting transcripts and chats. However, using AI-powered tools, information governance professionals can automatically find and tag sensitive data wherever it lives. This allows them to ensure compliance with privacy regulations. On the other hand, new

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