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IBM to launch new data governance consultancy service

Get free weekly news by e-mailIBM has announced that it is soon to launch what it claims will be a first-of-its-kind consulting service. The IBM Data Governance Maturity Model Assessment will help companies manage data risks and identify opportunities and specific activities for improving the way data is governed, valued and protected.

As more companies do business online, it becomes difficult to manage and control the mountains of data that reside within different parts of the organization. It also becomes hard for businesses to measure the value of their data, and calculate the risks around data loss. As a result, many businesses protect all information in the same way. For instance, a bank might over-protect low quality data, and under-protect high value information like customer account details or employee social security numbers. Data governance addresses this need, providing processes to help companies govern their critical data, by assessing value, measuring risk and mitigating security and operational exposures associated with access to data.

The Data Governance Maturity Model Assessment will measure data governance competencies of organizations based on 11 disciplines of data governance maturity, such as organizational awareness, risk lifecycle management, compliance, and auditing and reporting. IBM consultants will then provide recommendations based on the company's unique stage of data governance in order to match the needs of the businesses, avoiding a one-size-fits-all approach.

The Data Governance Maturity Model Assessment offering will be available in the first quarter of 2007.

www.ibm.com

Date: 14th Dec 2006• Region: World Type: Article •Topic: IT continuity
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