Quest Software, a global systems management, data protection and security software provider, in collaboration with the Enterprise Strategy Group (ESG), has released the 2022 State of Data Governance and Empowerment Report, an annual report highlighting the top challenges and innovations in data governance, data management and DataOps.
The report found that data quality has overtaken data security as the top driver of data governance initiatives, with 41% of those surveyed agreeing that their business decision-making relies fundamentally on trustworthy, quality data.
At the same time, however, 45% of IT leaders say that data quality is the biggest detractor from ROI in data governance efforts. While they recognize its importance, they’re struggling to improve the quality of their data, and thus the ability to strategically and maximally leverage data in practice.
“Business users at all technical levels have an edge when they have full visibility into, control over and confidence in their data,” said Patrick Nichols, CEO of Quest Software.
“Trustworthy data and efficient data operations have never been more influential in determining the success or failure of business goals. When people lack access to high-quality data and the confidence and guidance to use it properly, it’s virtually impossible for them to reach their desired outcomes.”