By deploying newer and better analysis tools, a CDO will be able to avoid regulatory complications and minimize risk while making sure that the full value of the data flowing through the company’s systems can still be harnessed.

Managing Editor Daniel D. Gutierrez argues for better analyzing tools for CDOs in this report published by insideBIGDATA:

In today’s digitally-driven world, business strategies are tightly linked to a company’s data strategies, as evidenced by the number of Chief Data Officers (CDO) quadrupling from 2014 to 2018. However, only 50 percent of CDOs have solutions in place to support data inventory, according to a recent ASG survey.

To effectively understand the data they possess, organizations must be able to reliably discover and understand where data originates and how it flows across the data estate, spanning legacy and modern technologies. ASG’s Data Intelligence helps CDOs mitigate risk and ensure regulatory compliance through policy-driven data governance.

The solution also enables businesses to make better and faster decisions through self-service analytics. The new cloud and big data analyzers help businesses make sense of – and gain value from – the growing number of data technologies across the hybrid enterprise.

“Our goal is to enable our customers and partners to answer three questions at the center of every data and analytics process: what data is available, where did it come from and what is the level of trust,” said Marcus MacNeill, SVP of Product Management, ASG Technologies. “Our technology is dedicated to helping businesses answer these questions quickly and confidently, and we’re excited to address the growing market demand for these big data and cloud sources.”

ASG’s Data Intelligence can automatically identify data elements from more than 230 commonly-used sources (including data stores, files, ETL tools, BI tools, EA tools and source code) across the enterprise to understand the breadth and depth of data managed throughout the organization.