New Research Report Explores Relationship Between Data Quality and Data Governance

Data quality is crucial to business today. Without it, business leaders can’t make confident business decisions and business analysts can’t provide reliable intelligence to the executives and managers that rely on their work. Data governance is a key enabler of data quality as organizations look to improve trust in their data.

That’s what we learned from the 800+ respondents to the Survey of Data and Analytics Professionals created and conducted by Precisely and Drexel University’s LeBow Center for Business Analytics. Together, we’ve just published the findings of that study in our report “Data Professionals Speak: Trends in Data Governance and Data Quality.” Data professionals from companies of $500 million or more in revenue were invited to participate in the survey.  Their functional titles ranged from C-level executives including CDOs to business executives and managers, IT executives and managers, data stewards, data architects, data managers, and data analysts.

Of the data professionals surveyed, 64% report that their organizations have an ongoing data governance program, although most are in early stages of maturity. Large enterprises with 5,000+ employees are more likely to have mature data governance programs along with formal data governance training programs. Nonetheless, 63% say that cultural awareness and adoption are leading obstacles to data governance.

Learn why data governance and data quality are good investments

If your organization does not have data governance and struggles with issues of data quality, this report offers reliable, data-driven reasons why building or maturing a data governance program is a good investment. The payoff is real and substantiated in the survey’s findings.

For example, the organizations with the most mature programs responded that improving data quality is the greatest value received from data governance. Organizations achieve maturity and, by extension, significant improvements in data quality, by overcoming obstacles ranging from culture and cost to understanding the best way to organize a data governance program.

If you are looking to begin or optimize a data governance program, register to download your free copy of the LeBow research report and explore the survey findings in depth. You’ll learn:

• Why organizations are investing in data programs
• How data governance investments deliver added value to organizations
• Options for organizing and operating a data governance program
• Value that data governance software can deliver
• Best practices of organizations with mature data governance programs

About the LeBow Center for Business Analytics

Drexel University’s LeBow College of Business is a top-ranked, AACSB-accredited business school with market-centric academic programs, including business analytics offerings such as undergraduate and MS degrees, an MBA business analytics concentration, and post-bachelor’s certificates.

LeBow’s Center for Business Analytics serves as the university’s hub for academic and industry collaboration in analytics, partnering with leading corporations to benefit both students and companies through thought leadership, collaborative publishing, data-driven projects and competitions, and a national recognition of analytics distinction across industries.

Learn what 800+ data & analytics leaders shared about the choices their organizations are making today, read the LeBow research report: Data Professionals Speak: Trends In Data Governance and Data Quality.