Most organizations would respond, yes. However, when the time comes to search for information, validate numbers or identify who has access to certain data, the answers are not always so clear.
According to the first annual study of artificial intelligence generative ISMG, 2023, 47% of companies can't meet the regulatory requirements. This data reveals an urgent challenge; that many organizations still don't have enough control over their data, its quality, its location, its level of sensitivity or the way they are used within the business.
Much of the information that moves a company that is located in their data. Customers, sales, operations, finance and processes generate metrics constants and influence decision making.
However, more data does not mean make better choices. The difference is in the organization's ability to correctly interpret the information, make sense of it and turn it into insights actionable. This implies that you know what data are reliable, what information is up to date, who can access it and how it connects with the objectives set out.
Regardless of the industry, poor data management can generate regulatory risks, operational errors, loss of productivity, and exposure of sensitive information.
The base of a solid strategy
Companies need clear processes for governance and management of data. The first step is to know where they are, what they contain, who uses it and what value they have to the organization. Then, it is necessary to classify them and to classify them according to their type, sensitivity, criticality, and business use. This methodology allows computers to find relevant information without relying on manual searches or knowledge informal.
It is also essential to define who is responsible for each set of data. This includes business owners, technical teams and compliance officers. When there is no clarity on who handles information, increase the duplication, errors and lack of traceability.
The information must be evaluated in terms of accuracy, integrity, consistency, validity, and duplicity. If the records are inaccurate, reports, dashboards, analysis and initiatives of artificial intelligence will be, too. Therefore, you should not perform a review punctual, but a continuous process.
In addition to this, the protection and control of access. Not all figures should be available to all. Companies need to apply permissions, classifications, labels, sensitivity and security policies to reduce risks and protect confidential information.
Follow these streams allows you to work with greater confidence, reduce regulatory risks, facilitate audits, and speed up accesses useful. In addition, it prepares you to use advanced analytics and artificial intelligence on a solid and secure.
Simplifies the management of data using the intelligent automation.
Here comes Microsoft Purview. Although there are many solutions for information management, Purview stands out because it integrates in a single platform capabilities to discover, maintain, and activate metrics. Their approach includes the detection, protection, quality and the overall condition of the records.
Among its core capabilities are the unified catalogue, Data Map, the lineage of the information, the quality controls and monitoring tools. Together, these features allow you to have a clearer vision of where to find information, how it relates between areas, and how reliable it is for the business.
They also facilitate the identification of inconsistencies, the application of rules of government and the follow-up to the tour that follows the information from its origin to its consumption.
The main advantage of this approach is that technical teams, areas of business, compliance and address can work on the same vision. This reduces silos, improve collaboration and increased confidence when making decisions.
What you have to offer Microsoft Purview?
Compared to other tools, Purview brings together in a single solution capabilities of government, security, quality, traceability and information management. For organizations that already work with Microsoft 365, Azure, Fabric, Power BI, or Dynamics 365, this facilitates the adoption, reduces operational complexity, and allows you to better leverage your technology investments existing.
For CEOs, it represents an opportunity to gain visibility into the organization's information, reduce risk, strengthen compliance, improve efficiency, and build a more solid base for initiatives analytics and artificial intelligence.
At Inova Solutions assist companies throughout the process, from diagnosis and the implementation of solutions to the adoption and continuous improvement. Our goal is to help organizations to manage their information with greater control, confidence and traceability, so that they can make it in smarter decisions and sustainable.