A data governance tool is used to manage who, what, when, and where your business’s data is to ensure security and compliance. It’s usually employed by data management professionals as well as business analysts and IT departments to ensure the sameness across all datasets, simplify big data sources, and enable informed decision-making.
There are a variety of data governance tools that are available each with its own distinct characteristics and capabilities. Start by identifying your unique business objectives and needs. This will help you narrow down the choices. Then, you can make an outline of the most important features you need, such as metadata management as well as data lineage tracking and many more.
Finally, think about the possible costs of a particular product. While a data management tool could pay off in the long run, it’s crucial to consider the cost of your investment in relation to the features you’re looking for.
If you’re looking for a tool that is full-featured and supports various governance frameworks, Collibra might be the right choice. It comes with an integrated data catalog that profiles and records all your data, as well as the framework for data stewardship that allows business users to be more productive. It also provides advanced search capabilities and a smart business glossary for consistency in understanding.
Another option is erwin, that provides an easy and clear representation of all your data. It also comes with an auto-classification tool that can detect relationships and anomalies within your data governance tool data. Furthermore, it will save you time by automating routine tasks, like monitoring the quality of data and solving problems. It also offers self-service capabilities by integrating data discovery as well as reporting and analytics.