Enterprise Data Catalog – Benefits One Should Know
Data’s critical role in decision-making across all industries is no denying. With the advent of Big Data, businesses are now required to use their resources and data lakes better. This can be achieved by resorting to the Enterprise Data Catalog.
This post will explore how an EDC can help you solve your business problems, identify key benefits and help you understand what needs to be considered before implementing one. So read below to know the benefits of the data catalog:
- Access to data analytics capabilities:
The enterprise data catalog enables you to access a wide array of data analytics capabilities and technologies that are not available within your organization.
- It helps you get authorization for data access:
When people feel confident about the security of what they own, they make more informed decisions concerning how they use it. Hence, the EDC enables you to get the authorization required to access and analyze your data.
- It enables you to gain visibility over your information:
The enterprise data catalog is crucial in providing a high level of visibility over all your data assets in one place and helps you determine how to best use them. This will give you confidence in knowing that all your properties are accurate and what needs analyzing.
- It enables you to reduce operational risk:
In the absence of any data catalog, having all your information in different layers and scattered across different systems increases potential data damage or loss.
- It helps you make informed decisions:
The enterprise data catalog lets you make informed decisions about what is available for analysis, where it’s located, how it’s used, who uses it, etc. This information can be used to improve productivity and performance within your enterprise.
- It facilitates increased data adoption:
Having a clear asset view allows you to see whether your data needs improving or augmenting so that with more confidence, they can be shared and leveraged across the enterprise.
- It leverages data management, ETL, and BI:
By drawing down all your data assets, the enterprise data catalog helps you take a holistic view of your assets and understand how they fit into your information architecture.
- It helps you improve compliance:
Some of the rules governing the use of data are formulated to protect your organization from unnecessary risk or exposure. By having all important information in one place, you can better comply with these regulations by conducting audits on the systems and practices that govern data usage within your enterprise.
- It allows for better decision-making:
This is because it provides immediate evidence when making decisions about a specific asset and its value to the enterprise. It also offers a decision-making framework by enabling you to identify single points of authority for information usage.
- It makes data governance easier:
Data governance is a complex and challenging task in most enterprises. Still, using an enterprise data catalog becomes much easier by offering you a single place for all your data assets.
A good EDC saves time and money since it allows organizations to know where their data is stored, how much has been used, and by whom. It also enables you to make more informed decisions about your resources and avoid unnecessary spending on unused or overused data assets.