Trusted Data Access and Sharing Why Automation Is the Key to Achieving Value from Data Democratization
Once confined to specialized teams and restricted access points, sensitive data has emerged as the lifeblood of modern enterprises. Its rich nature for offering competitive and business insights drives innovation, informs decision-making, and unlocks new avenues for growth. While this data often sits locked up, organizations realize it’s the key to game-changing business outcomes, requiring responsible use that unlocks its potential.
Today, business success hinges upon the democratization of data — a concept pivotal for organizations striving to achieve the much sought-after “data-driven” state. The basic tenet is “democracy,” meaning the open availability of capabilities, not limited to a specific team.
The ultimate data mission here is, as Indiana Chief Privacy Officer and MPH General Counsel Ted Cotterill puts it in a CDO Magazine interview, “We want the right individuals to be seeing the right data for the right purposes, for the right duration.”