What is Data Governance Software? It's any software solution that solves a Data Governance problem. But what problem is that? There are many - some you may find applicable to your situation, and some you may not.
And so, you may find that some tool providers who have labeled their products Data Governance Software are providing solutions that will address your specific needs. On the other hand, other Data Governance tools may solve problems that you don't care about at all, and, many products address areas that concern Data Governance efforts do not market themselves as governance tools. It can be confusing, to say the least.
If you're planning to conduct a software evaluation effort for Data Governance tools, it's important that you understand the different categories of software applications that could be considered Data Governance solutions.
Products that support regulatory, legal, or contractual compliance
Products that help monitor data usage, provide audit trails, or support audit or forensic activities
Metadata Solutions
Master Data Management solutions
ETL or Data Integration products
Enterprise Data Management software
Customer Data Management solutions
Information Lifecycle and Data Storage solutions
Products to manage Data Governance and Stewardship program information
Communication and collaboration tools
and others
When to Buy Data Governance Software
As soon as you realized you had a problem, you probably started looking for a tool to help you solve that problem. Many organizations decide to put off implementing software solutions, however, until they have identified their program's
Focus Areas, have developed the program's
Value Statement, have prepared a program
Roadmap, and are in the
Planning and Funding phase of the
Data Governance Program Lifecycle (For more information on these processes, download the free
DGI Data Governance Framework.)
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