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Data is an essential component of business. It aids companies in making better decisions and boosts growth. It can be challenging to manage this wealth of data. Flexible data management is vital for ensuring that your business will reap the benefits of data.
Flexibility is essential to any GRC program as it allows organizations to adjust to the demands of changing. In rigid models, data silos create barriers and create barriers to sharing, however, flexible approaches such as metadata-driven data dictionaries, business glossaries and data lineage records can help to address these problems. Flexible data management can help organizations to stay clear of costly platform-based data units, like warehouses and data lakes, which can be difficult to move or scale up to meet increasing demands.
In this episode of GRCM & ME, the Director of Customer Success Szuyin Leeow explains why flexibility is essential in GRC. She also explains how you can incorporate it into your data-management strategy.
It is important to design your data management solutions with the end in mind. This involves deciding on what you want to gain from your business and the results it is hoping to achieve, so that you can effectively structure and set up your systems in line with those goals. Using the right tools, like MarkLogic’s semantic capabilities, can allow you to speedily scale your data infrastructure without losing control over your sensitive data.