Data classification helps the teams find, organize, and secure relevant data. Classify data in various categories such as: - Functional categories - Customers, Suppliers, Items, Inventory - Security categories - PII, Sensitive, Protected and more
Business glossary enables data stewards to build and manage a common business vocabulary across the enterprise. Use OvalEdge as an apt platform to host and maintain a business glossary and make it easily accessible to users. Also associate an array of data dictionaries with it by using machine learning.
Bad data may lead to ineffective decision making. OvalEdge provides a painless way to define data quality rules and manage the workflow for bad quality data. It is important to understand the impact of any change in a timely fashion before making crucial business decisions. You can use OvalEdge to define the policies around timeliness, data quality and then control the entire process.
Identify and manage the roles of owners and stewards of data. Data owners provide access to data to those who need it while data stewards manage data quality and its proper definitions.
Anyone in your organization can research data through a data catalog. Once they find the right data, they can request access from its data owner. Data owner can provide access for a few months.
In your organization, data is ever-changing. Developers are building new data products, these changes might impact the report you are consuming. OvalEdge can notify about these impacts to you and you can act on it.
If participants get recognized for their knowledge, they are more likely to share it. A data catalog which is integrated with OvalEdge data governance tool lets those in the know easily share their knowledge and get rewarded for it.
Data is a huge asset to a company but it hasn't found a place in the balance sheet. It is vital for businesses to have a process for data valuation. OvalEdge can be a useful tool for that process.