Data Governance Best Practices Drive Retail Business Growth

By |2022-02-17T15:02:05-05:00January 12th, 2022|Information Governance and Management, Safety and Cyber Security|

Successful retailers know the value of information. Armed with data from all facets of the business, from marketing to shipping, retailers use information to gain a competitive advantage. But vast potential comes with inherent challenges. Harnessing data governance best practices allows retail businesses to move past roadblocks and drive success. Business Benefits of Data-driven Retailing When effectively organized and managed, data delivers significant benefits throughout the customer journey. For instance, retailers use data to personalize marketing campaigns and forecast demand for products and services. Knowing customer buying habits boosts upselling and customer retention. Additionally, data provides insights into business processes,

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Mobile Retail Data Governance Drives Data Value

By |2022-02-17T15:12:41-05:00January 5th, 2022|Information Governance and Management|

According to Mastercard, online retail sales growth accelerated through December 2021, up 61 percent from 2019. Now, up to 73% of consumers do omnichannel mobile shopping. The resulting explosion of mobile retail data presents both a challenge and an opportunity for retailers who implement mobile retail data governance. Convenience Drives Growth Mobile commerce, or m-commerce, encompasses the buying and selling of products and services via mobile devices such as tablets and smartphones. From a handheld device, shoppers order dinner, pay for tickets, deposit checks, or purchase a new kitchen sink. Convenience tops the list of m-commerce benefits for purchasers. They

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Identity Governance Plus Data Governance is Today’s Imperative

By |2022-02-17T15:06:55-05:00November 17th, 2021|Information Governance and Management|

The business landscape continues to change rapidly. Organizations must strike a fine balance among productivity, cybersecurity, and privacy amid a data explosion. Additionally, new technologies drive exciting innovation but also bring risk. To thrive in this environment, companies need to find the right blend of identity governance and data governance. Business Challenges Require Careful Strategies Today’s IT team faces growing data-related challenges. For instance, data from digital marketing and the factory floor opens the door for valuable data analysis. However, managing that data and ensuring its quality and security requires detailed planning. Mismanaged data can result in flawed business strategy,

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Municipal Data Governance Builds Trust and Transparency

By |2022-02-17T15:14:37-05:00September 29th, 2021|Data Compliance, Information Governance and Management|

In August 2021, Kathy Hochul took office as the governor of New York state. In a bid to rebuild public trust after Andrew Cuomo’s tumultuous administration, Hochul quickly launched a transparency initiative. This initiative once again focuses attention on the critical importance of municipal data governance. Municipal Governments and the Data Challenge Municipal governments face a number of challenges to achieving data transparency. Limited personnel and tight budgets top the list. Information silos and poor data quality compound the problem. And poor communication between departments results in duplicates and incomplete or inaccurate data. Mismanaged data in turn results in flawed

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Adaptive Data Governance Drives Innovation and Success

By |2022-02-17T15:21:45-05:00July 28th, 2021|Data Compliance, Information Governance and Management|

Today’s digital business environment depends heavily on data to guide decisions and determine business direction. Organizations have begun to implement data governance, particularly in response to regulatory requirements. But successful businesses recognize the need for adaptive data governance to power more efficient decision making while promoting data value. Adaptive Data Governance Defined Traditional data governance approaches take a defensive posture, focusing on minimizing risk and achieving regulatory compliance. While important considerations, this reactive approach typically involves rigid controls dictated by centralized compliance officers. It can tend to introduce obstacles rather than promote growth. Adaptive data governance, on the other hand,

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Scalable, Affordable and Secure Information Governance with eGovernance® Cloud

By |2022-02-17T15:18:45-05:00July 7th, 2021|Data Compliance, eDiscovery, Information Governance and Management|

Organizations in every industry deal with a growing data dilemma. Big data promises big returns, but data must be high quality, organized and secure to deliver value. eGovernance® provides scalable, cloud-based secure information governance solutions tailored to support business strategy and work within organizational budgets. Managed by the information governance experts at Messaging Architects, eGovernance® empowers businesses to take control of their data with a hosted solution for electronic data discovery, security, and compliance. Benefits of a Robust, Secure Information Governance Strategy Data breach spells disaster, and mismanaged information becomes a liability in an age ruled by privacy regulation. Enter

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3 Ways Companies Gain a Competitive Edge with Data Governance

By |2022-02-17T14:58:25-05:00June 30th, 2021|Information Governance and Management|

Organizations sit on a mountain of treasure, and all too often they never manage to tap into its value. Data has the potential to revolutionize decision making, power innovation and drive marketing. Left unmanaged, data brings significant risk. However, successful businesses find their competitive edge with data governance. The challenge rarely lies in gathering enough data. After all, websites, customer interactions, internal processes and even machinery deliver mounds of data every day. Rather, the difficulty lies in generating high-quality data and organizing that data to generate value. For example, a retail company receives data regarding email campaigns, online buying habits

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Link Data Governance and Cybersecurity to Protect Valuable Data Assets

By |2022-02-17T14:59:37-05:00June 23rd, 2021|Cyber-Security, Data Compliance, Information Governance and Management|

In today’s business environment, data ranks near the top of the list of most valuable assets. It drives development strategy, focuses marketing efforts, and even saves lives. Cyber criminals know well the value of data and its power to make or break an organization. Consequently, organizations must link data governance and cybersecurity to stay ahead of the game. Data Governance and Cybersecurity Defined Think of data governance and cybersecurity as overlapping circles. Though distinct concepts, they share common goals and depend on each other. Data governance involves an organization knowing what data it owns, where that data lives and who

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Solve the Surplus Data Dilemma with Data Governance

By |2021-06-07T05:49:08-04:00May 12th, 2021|Data Compliance, Information Governance and Management|

What is in your data? You need to know Data-driven decision making empowers problem solvers to address business challenges with confidence. From the factory floor to the marketing department, big data drives policy and enables businesses to connect more effectively with customers. However, unless managed properly, too much data can prove costly. Solve the surplus data problem with effective data governance. Risks Associated with Surplus Data With everything from websites to appliances generating data, organizations gather vast quantities of information each day. As a result, as many as 65 percent of companies report that they deal with a problematic surplus

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5 Ways the Paperless Office Boosts Productivity

By |2021-04-19T06:27:35-04:00March 17th, 2021|Information Governance and Management, Technology|

For decades, organizations have chased the holy grail of a paperless office. Proponents of the idea promised reduced environmental impact and greater productivity. And yet, for a time, corporate paper consumption actually increased. However, advances in information technology in recent years have delivered on the productivity promises of a paperless office. Examples of paper-saving technologies that also improve productivity include cloud-based document storage systems, increasingly powerful mobile devices, feature-rich scanners, eSignature services and more. Implementing these technologies can improve workflows, decrease inefficiencies, and increase employee satisfaction. Consider several ways that wise use of information technology can save time while saving

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