LumenData

Data Governance

Strategically leverage your enterprise information to meet business goals.

Organizations today recognize the strategic importance of data assets to achieve business results.  To realize the full benefits of data assets, organizations need to create, manage, share, and leverage these assets in their daily processes as part of a data governance program.  Without a proper data governance framework in place, organizations face challenges that include reduced revenues, decreased productivity (including that caused by cumbersome manual processes), and increased risks.

LumenData’s Data Governance services addresses these challenges by

  • Managing and leveraging the company’s data and information assets in their daily business processes,
  • Aligning all stakeholders on policies and procedures,
  • Reducing risks and maximizing productivity, and
  • Minimizing data governance adoption time through our pragmatic approach.

How Data Governance Links Master Data Management and Data Quality

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Benefits

We offer comprehensive expertise in all aspects of data governance, including assessment and audit services.

Our Data Governance Methodology comprises the following phases:

  1. Conducting interview and working sessions with key business and IT stakeholders to clearly understand current state, overall vision, and strategy for data governance within the organization
  2. Performing gap-analyses of current state with best practices around Data Governance
  3. Creating a data management road map for the organization (Strategic Planning) for the following inter-related data competencies:
    • Enterprise Information Architecture
    • Data Architecture
    • Organization
    • Methodology (Data and business processes and policies impacted or those that need to be changed in order to create and use effective data/information assets)

LumenData’s Data Governance methodology is unique because of its pragmatic nature:  Focus is on 3- to 6-month incremental projects versus one big bang project.  Using this methodology, an organization can see quick, demonstrable results – usually in conjunction with an MDM, Data Quality, or Business Intelligence project.

Why Choose LumenData?

Enterprise Data Management Expertise. At LumenData, we focus exclusively on MDM, Data Quality, and Data Governance. And with our deep-rooted product knowledge from decades of experience in leading and developing MDM products at major MDM software companies, we understand what it takes to implement MDM quickly and with lower risk.

Data Governance and Data Quality. A governance program that supports data-related decisions and actions is crucial to the success of your MDM implementation. LumenData’s Data Governance services help to coordinate and align all stakeholders on data policies and procedures. Our Data Quality services span from health checks to enterprise data quality deployments across multiple domains.

Our Partnerships Set Us Apart. We work with our partners to co-build products, influence product direction, and build complementary solutions.  We bring industry-specific expertise by being involved with our partners’ marketing- and customer-facing teams to accurately meet the needs of customers.  Learn more about our Partners.

Pre-built Integration Solutions. In addition to our MDM expertise, LumenData has developed many integration solutions to fast-track MDM deployment. These solutions include integrations to cloud and on-premise applications such as Salesforce.com, Peoplesoft, and Siebel CRM.

Cloud Expertise. As some applications move towards the cloud while others stay on-premise, enterprises will face key decisions on how to manage their data across different environments. With our cloud expertise, we can guide you in choosing the most effective environment for your company, whether it is staying on-premise, moving to the cloud, or a hybrid of both.