Take back control through data governance: Leveraging IBM System z
October 1st, 2009
In a world where the rate at which we collect, store, share and process information increases daily, you would think that businesses would be so well-informed and knowledgeable that they would be able to mitigate risk,leverage information to drive new business opportunities, control costs, and become smarter about the way they do business. Yet the media is filled with an increasing number of reports on scandals and mistakes that organizations make across every industry, whether public or private sector, despite everincreasing amounts of legislation and standards. The impacts range from financial and brand image damage to imprisonment to potentially life-threatening consequences, in the case of healthcare and life sciences industries.
There is at least one underlying common thread that has been a majorcontributor to these failings-data and how it is governed. In fact, researchshows that the perceived quality of a company's corporate governance caninfluence its share price, as well as the cost of raising capital.
Of course, different types of organizations have different types of datagovernance needs. But for organizations with IBM System z, the mainframe platform can help organizations address data governance concerns, policies,and data management, helping to improve data quality and classification tominimize business risk and improve compliance.