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Metadata management is a core element of a larger and robust data management strategy that empowers organizations to put all their data to use. Unfortunately, many businesses are now overwhelmed by data. A Deloitte survey found that collecting, understanding, protecting, and managing compliance for ever larger volumes of data is the largest barrier companies currently face to achieving their data goals.
Metadata provides context to data, making it more manageable, powerful, and available. Partnering with Infoverity on data management enables businesses to use metadata to increase how quickly and effectively data can be used, while also ensuring compliance with data protection measures.
As the volume of data has expanded over the past two decades, so has data complexity. Data is more varied and distributed than ever before. Today, in order to organize and manage this immense amount of diverse data, companies must implement metadata management.
Companies are spending more on data systems than ever before. This can be inefficient, as data sprawls across an organization and can’t be put to use effectively. Metadata management can reduce data-related costs by improving organization and allowing users to better understand what data is most relevant and valuable.
Companies fail to unlock the full value of their data when they lack transparency into how it is being used and the relationships between data elements. Metadata management provides the context necessary to track data usage and map data relationships. This leads to new discoveries that directly improve profitability.
As data protection regulations increase across the world, companies need a way to stay in compliance with differing standards. Metadata management augments compliance efforts as part of a larger data management strategy that institutes governance policies that ensure data policies align with requirements.
Good metadata management can reduce data storage costs by up to 30%.
Good metadata management can reduce the time required to find data by up to 50%.
Download our free white paper and discover how to implement data governance seamlessly at your company.
