The rapid emergence of generative AI empowers more people to unlock the power of data for new insights and better decision-making, but granting wider access to data requires a strategy for data governance. Enterprises that can balance these seemingly opposing trends — democratizing data, while maintaining strong governance over that data — will differentiate themselves in the market by unlocking unique data-driven insights.
Democratizing data in this way makes strong governance even more critical if companies are to avoid increasing risks around privacy, security and data quality. That means knowing precisely what data you have, where it resides, who is authorized to access it and how each type of user is permitted to use it.