Extracting Data Value through Data Governance

Authors: Armend Duzha

ABSTRACT

Harvesting value from data requires an organization-wide approach. Data governance plays an essential role in a heterogenous environment with multiple entities and complex digital infrastructures, enabling organisations to gain a competitive advantage. This research examines a new approach for data governance developed to extract data value respecting the ever-delicate balance between transparency and privacy. In addition, it provides an overview of the key innovations brought in by novel technologies such as Artificial Intelligence, Federated Learning and Blockchain, and how these can be integrated in a data governance program.

Keywords: Data value – Data governance – Federated learning – Blockchain – Internet of Things

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