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1、(and never worry about compliance again)How to Fall in Love With Data GovernanceTable of ContentsPlease stop yawningReasons to be interested in data governance.3You need data governance more than it needs youRecency and relevance of data governance.4Data governance needs a makeoverWhat data governan

2、ce really means.5Data is dead,long live data!The role of data sovereignty.6Why does data governance have so few friends?Common obstacles to good data governance.7Prevent the awkward silenceWhere to start and what to ask .8Splunk and data governance complete each other4 reasons why were made for each

3、 other .9How to Fall in Love With Data Governance|Splunk3Please stop yawningReasons to be interested in data governance If just hearing“data governance”fills you with dread,confusion or boredom then youre doing it wrong.Its probably your business most undervalued area.And,with the right mindset,a go

4、od data governance programme can transform your organisational approach to data and unlock its value.Stop looking at data governance as a compliance burden.Reimagine this obligation as a catalyst for change instead.Stop snoozing,start falling in love with data governance and read on to find out abou

5、t the latest in European compliance.How to Fall in Love With Data Governance|Splunk4You need data governance more than it needs youRecency and relevance why is now the time to look at data governance with fresh eyes?Its never a bad time to change your attitude towards data governance,but right now t

6、he top three reasons are:1.An expanding data-management challenge creating highly complex environments.2.Getting left behind by competitors,who are already unlocking endless opportunities through harnessing the ever-growing value of using good data properly.3.The introduction of new regional regulat

7、ions,adding a compliance burden to the already unmanageable pile of requirements.Regulation might be making data governance urgent now,but its always been important.If you can make data governance a“want to”rather than a“have to,”your programme will be built on strong foundations that ultimately lea

8、d to competitive advantage.How to Fall in Love With Data Governance|Splunk5Data governance needs a makeoverWhat data governance really meansGartner defines data governance as“the specification of decision rights and an accountability framework to ensure appropriate behaviour in the assessment,creati

9、on,use and control of data and analytics.”Yawn,right?Theres a lot of boring words in that definition.So lets start the makeover,and look at data governance like this instead:Ensuring data quality.Optimising the location and geography of data.Managing data effectively as an asset.Eliminating data com

10、plexity and silos.Inspiring reuse and sharing of data.Improving your staffs understanding of,and confidence with,data.Growing an organisational culture where data is important.Much more attractive,isnt it?And its still data governance.These are just some of the topics that fall under the term“data g

11、overnance.”Its not about a specific technology,tool,process or a rigid roadmap.Instead,data governance is a holistic way of thinking that includes everything related to flowing data.That means people,storage,processes,strategies and,most important,value.Data governance has way more to offer than jus

12、t data security,privacy,legal obligations and compliance frameworks.Its not a time-sucking tick-box compliance exercise its an enabler for the business.Yes,you heard it right:Compliance is an enabler.Compliance obligations help organisations to provision their resources,people and time.They also com

13、e with fines from regulators if not fulfilled,which is a quantifiable cost of a lacking approach.Our motto:If regulation gives you a springboard to improve your data governance,use it.These compliance teams often have a strong remit,so they gain visibility into many cross-cutting areas of the busine

14、ss.Given empowerment,this can be used to identify key weaknesses in your holistic data governance strategies,and ultimately improve business value.Found a bottleneck?Discovered inefficiencies?Great,youve already delivered value beyond merely“being compliant”.And tooling is one key component that can

15、 help not only with spotting these weaknesses,but ease this mindset shift and aid the process changes behind it.A common misconception is that growing a data culture means more data and that means more work.But,with the right tooling and data governance,thats simply not true sometimes it even means

16、less work.The right tooling means youre able to gain better insights,get quicker analyses and make better decisions on your piles of data that are oftentimes siloed and unstructured.Data governance,supported by the right tooling,will let you:Decide how to harness your data.Maximise the quality of yo

17、ur data.Efficiently collect your data and leverage opportunities for automation.In other words,data governance will let you work smarter not harder!An orderly,secure approach to data opens up the opportunity to turn that data into action.It lets you prove compliance,identify needs,drive innovation,o

18、ptimise performance,improve operations and minimise costs.How to Fall in Love With Data Governance|Splunk6Data is dead,long live data!Also known as data sovereignty:Does the location of your data storage and processing matter?Data jurisdiction,localisation,sovereignty.You may have heard these terms,

19、but they often refer to the same thing:keeping your data in its country of origin.Its a growing trend.But what does that mean for you?The answer could take a whole paper of its own,but there are some key questions to consider:1.When systems remain geographically co-located or data stays in-region,ho

20、w does that impact your organisations resilience?2.Does changing the geography of your data bring simplification and clarity or repetition and complexity?3.Do you need multiple geographical regions(if not now,then in future)?And if you do,can you still monitor your data(quality,protection obligation

21、s)at a high,consistent level?Its clear that some organisations are intrigued by the data sovereignty model,and(like with all data issues),their data governance approach needs to be bespoke and tailored,varying not only by region,but also by sector,size and operating model.However,non-uniform solutio

22、ns can add complexity and create geographic silos without the right tooling and data governance underpinning them.Its a balancing act,but one that Splunk can help with specifically in monitoring to ensure you stay compliant,while Splunk itself operates on premises or a preferred geographical cloud r

23、egion.How to Fall in Love With Data Governance|Splunk7Why does data governance have so few friends?Common obstacles to good data governanceWith all these fabulous qualities,youd think someone was taking data governance out to dinner every night.Yet good data governance is hard to find why is that?Da

24、ta governance is organisation-specific,but we find there are four common obstacles to organisations adopting a good data governance practice.They are:1.A perception that good data governance is a big resource and time investment for a low-value return.The value of data governance needs to be made ex

25、plicit(see above)and you need the right tools to help your organisation work smarter,not harder.Data governance is not just about compliance and security,but also about the datas quality,its effective use and reuse,sharing,jurisdiction,management,models,accountability and changing the culture to be

26、more open and accessible.This allows teams to work better together,make more informed decisions and have more confidence in what underpins those assessments and removes duplicate efforts.2.Sharing and culture or a lack of it.Data governance applies to all parts of an organisation,but data sharing be

27、tween departments gets difficult for many reasons:There can be perceived differences in care when handling data.There are often disagreements or a lack of clarity on who owns the budget responsibility and liability.Sometimes,its just a simple misunderstanding that goes unchecked.However,data governa

28、nce can help you fix these issues!Setting strategic direction while supporting the day-to-day with robust policies,processes and oversight,data governance lets you understand and meet the needs of your customers,provide unbiased accountability,enable reuse of data and improve the data culture.3.Not

29、knowing where to start.Thankfully,we dont have to reinvent the wheel;there are plenty of great frameworks already out there.One great resource to start(or mature)your data governance is the DGI Data Governance Framework.And good tooling always helps you on the journey,of course.4.Focusing too much o

30、n the burden of compliance.Unfortunately,compliance is rarely seen as an enabler.More often its looked at as a time drain,in part because lots of it is still manual rather than automated.It falls into the category of“done once a year because it has to be”rather than“updated daily and ready at any ti

31、me for anyone who asks.”This might sound overwhelming at first but,a)it isnt(remember the right tooling)and,b)anyone looking at digital transformation,hoping to get more value from data or leading in those innovation areas should be thinking about data governance.It can unlock cross-departmental opp

32、ortunities across different use cases,because some of the principles and practices are reusable.How to Fall in Love With Data Governance|Splunk8Companies accumulate large amounts of data across all departments and teams.When data is combined and processed with powerful analysis tools,it becomes a tr

33、easure.Transparent data provides the answers an organisation needs as long as it is collected,consolidated and analysed correctly.But its also proven to be a real challenge for some.In 2019 in Germany,84%of business leaders surveyed by Splunk agreed that more than half of their organisations data wa

34、s“dark data”data that remains unanalysed,unorganised and unused.This is in line with another representative study by the German Economic Institute,which found that only 2%of German companies are organised in such a way that data can be used specifically for the success of the company.And now,the mai

35、n question Are these data questions hard to answer because of:a.A lack of clarity and appropriate tooling showing me what needs to be known,orb.An underinvestment in data governance,or c.Both?Prevent the awkward silenceWhere to start and what to ask When viewed as an enabler rather than a burden,com

36、pliance reviews allow you to uncover unseen data areas and points of weakness in your data journey(and were not only talking about technical bottlenecks).If you cant answer some simple questions,all signs point to problems with either:1.Your data governance,or 2.The visibility of your data.In both c

37、ases,neither compliance nor regulation are the problem they are just shining a light on the broader issue.But how can you find out which one it is?Lets see how easy you find it to answer these questions:What data do we have?Where is it?Who accesses it?Who is responsible for it?Then you can move into

38、 more complex questions,such as:What data is most critical to my business?What is the least-used data that we are still collecting?How much data do we collect every day?How do we handle different data sets differently?How would I describe our data culture?How easy is it to see all our data in one pl

39、ace?Do we properly manage data assets and allow for their reuse?How to Fall in Love With Data Governance|Splunk9Splunk and data governance complete each other3.Use exercising and security audits to provide regular benchmarks of your maturity level.And then move it forward.Its always good practice to

40、 treat your data like a proper asset refresh yourself of its capability,exercise its usability,understand the gaps and bottlenecks,update it,invest in it!For this,a high-confidence and realistic view of your organisations data flows are required.And guess what?Splunk helps with that,too.4.There are

41、Europe-wide and regional regulations to comply with(read here for more),but most of this starts with knowing what data and processes you have(and dont have),and then filling in the gaps,so compliance is never a worry.Four reasons why were made for each other Compliance is an enabler,but it has nothi

42、ng on Splunks matchmaking skills!Were not gonna lie:Data Governance can be incredibly difficult,and loving it day-in,day-out can be a challenge if you dont have the right visibility to know whats going on and what data you have.This is where Splunk can help.1.The right data platform can support data

43、 governance and strengthen compliance by eliminating the technological complexity of data governance.It helps with a lot of things,and ultimately increases enterprise value by:Enabling data literacy and growing a data culture with your users.Elevating and facilitating data quality.Effectively managi

44、ng data and observing data sovereignty.Identifying and prioritising issues with data and its reuse.Eliminating data silos and complexity.Benchmarking and informing business decisions.2.A data platform also allows you to identify the most important services you have and to understand what to enhance.

45、Data describes and informs your organisations desired outcomes.Splunk lets you use,reuse and share this data to increase performance,improve KPIs and contribute to improved data governance processes.Splunk,Splunk and Turn Data Into Doing are trademarks and registered trademarks of Splunk Inc.in the United States and other countries.All other brand names,product names or trademarks belong to their respective owners.2023 Splunk Inc.All rights reserved.23-Splunk-Data Governance EMEA-EB-SS-103Let a Splunk Expert Guide Your Way Get started with Splunk for free