Drive Your Business with Democratized Data Data democratization is the concept of creating a self-serve data layer where business users can access and manipulate data efficiently and effectively. This makes data handling more agile and flexible based on company needs rather than being forced to compromise user experience and data integrity to meet rigid compliance mandates. Democratizing data is essential for businesses as it transforms operations by providing employees with information to take action and make decisions. The key is to involve people across the organization, ensure data is accessible, adopt the right technology and governance practices, and set success metrics to maximize the value of shared data.

1. Drive Your Business with Democratized
Data
Data democratization is the concept of creating a self-serve data layer where business users can
access and manipulate data efficiently and effectively. This makes a more agile and flexible way
to handle data based on your company's needs rather than being forced to compromise on user
experience and data integrity to meet rigid compliance mandates.
While each industry faces its own set of challenges, the journey toward data democratization has
universal components that drive the need for data unification across the organization. The
vastness of information and its volume is ever-increasing as we continue to generate data from
various sources.
What is democratized data?

2. Data democratization is the process by which business users have self-service accesses to data
from a single source, with no artificial barriers preventing the creation of analysis using all of
their data. Business users have this access through a software interface that uses standard
conventions and allows for end-to-end use without requiring programming knowledge or
assistance, i.e., IT staff.
Why is democratizing data essential for your business?
Increasing the democratization of data is not a simple process. It requires close interaction with
all levels of an organization, an understanding of how it will benefit each group, and how it can
be made easy to consume.
Data democratization, the diffusion of data as a commodity to all levels of your organization, can
transform business operations for the better. As data becomes more portable with cloud
solutions, companies can increasingly provide employees with the information they need to take
action and make decisions.
Here's how to overcome those obstacles and turn data democratization into a competitive
advantage for your company.
Assemble your team
Data democratization is defined as the ability of anyone in an organization, regardless of their
location or department, to have access to data and make informed decisions from that data.
Sounds straightforward, but it cannot be easy to achieve in an operational environment if the
people in your organization aren't set up for success.
Make data-driven a mindset
Data democratization starts with involving people in the decision-making process and ensuring
your data is put up for use—before your idea takes shape. Everyone who could profit from data
democratization must know and supports its positive, far-reaching implications.
Get ahead of the game in terms of government
Should your business adopt a data governance approach? It depends on the circumstances. Data
governance is more than just having a strategy to avoid disruption and platform failure. It's
strategic data management that can help you use data to transform the way your business

3. operates. With the right approach, you can make intelligent decisions with your data and turn it
into something more than just a priority.
• Secure the strategy
• Identify data disparity
• Maintain strict access controls
Choose the appropriate technology.
The modern analytics platform can be customized to meet almost any size organization's needs,
from large corporations with a reliable IT staff to small businesses that rely on external service
providers. The data-analysis process is simplified through a combination of tools that support
visualizations and machine learning that can help spark new insights and better decisions.
Obtain cloud security
The next generation of business information is stored in the cloud, hosted, and managed by your
company. When a company is willing to invest in their infrastructure — not just their apps —
they can ensure that all data will be secure and compliant. Access is no longer a challenge for
employees in the modern workplace. Companies have taken advantage of this potential benefit to
streamline operations, increase efficiency, speed innovation, and stay competitive.
Seek out real-time data

4. Data can be an essential and valuable asset for a company. A robust data governance plan will
help your organization take the best advantage of this resource. A good data governance plan
aims to create a roadmap that delivers and secures the maximum value out of shared, reusable
corporate data and information. Data governance is not just about controlling data; it's also about
optimizing its use.
Set the bar for success
The foundation for success lies in data democratization; everyone within the organization must
have access to high-quality, relevant information about the business. Often, senior leadership is
not considered a vital influencer of the company's success. This can be due to a lack of
understanding or appreciation of how essential data is to business leaders. When senior
executives understand the value of data and its critical role in driving business operations, they
have lifetime advocates who are immediately enthusiastic when it comes to using data - drawing
on their expertise and relationships with other executives and experts.
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