Effective data governance has become a driving factor for businesses seeking to garner the most value out of their data. In essence, data governance introduces practices that optimize the value of data, clarify the ownership of the data, and enable businesses to make better decisions based upon the data.
The concepts of data governance have evolved. Today, organizations are moving towards what can be called Data Governance 2.0, which brings more value to a wider range of stakeholders, empowering them to garner knowledge, trends, and insights from the data, and apply those discoveries to business practices.
This paper is intended to help those seeking to benefit from the transformation of Data Governance 1.0 to Data Governance 2.0 and help to generate the momentum to make the latter a business-wide priority, while also establishing its importance as a business issue deserving attention and investment
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