With the game-changing potential of big data come several challenges that must be addressed by organizations big and small. The information that makes up big data comes from both inside and outside a single organization and may be used by many different stakeholders. As a result, data governance continues to grow in importance. To better understand the impact of new data sources on data governance practices, in the first quarter of 2014, IBM commissioned Unisphere Research, a division of Information Today, Inc., to survey IT and business stakeholders at organizations across North America.
Amongst the key findings:
- The percentage of organizations with big data projects in production is expected to triple in the next 18 months.
- Business and IT people engaged in analytics spend over half their time finding and defending data. A little more than a quarter of time is spent on actual analysis.
- Organizations are significantly more confident in structured data generated internally versus other forms of data. However, despite lacking confidence in big data sources, confidence in big data reports is contradictorily high.
- Only seven percent of organizations have mature data governance programs in place.
- 97% of companies believe that data security is important, but less than half have projects in production.
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