How IoT will affect information governance

How IoT will affect information governance

How IoT will affect information governance

Malcom Gladwell popularized the phrase “the tipping point” in his best-selling book that highlighted how a series of events over time can lead to a moment when massive growth and expansion materializes.

Often, the triggers that drive these significant tipping point events are obscure and have enough latency that they may not be recognized or understood until after the fact. In other words, grasping the isolated multiple threads for a trend—whether societal, fashion or product related—that actually contribute to a tipping point event are a challenge.

Technological innovation is one area where we have no shortage of visionaries that conjure up the what, when and how technology will change the paradigm in which we live and work. We have a world of microprocessors powering billions of devices connected in the cloud.

Soon, we will live in a new era of self driving cars that process billions of commands from billions of sensors about the car, location, direction, speed and schedule. We are at the tipping point of the Internet of Things (IoT), where physical devices across the globe are consuming and creating data to drive a continuously connected world.

Read Also:
Data governance as an accelerator, not a roadblock

It was not a huge leap for the industry to realize that an IoT global network of continuously connected devices would mean that data would not only be created at geometric rates, but that it would become one of the most valuable commodities in the world. And although there are many new start-up companies storing, analyzing and integrating massive lakes of big data created from the IoT, not many have actually considered how the IoT will transform how organizations think and implement data quality and information governance.

Information governance is a set of core disciplinary structure, policies, procedures, processes and controls implemented to manage information at an enterprise level, supporting an organization’s immediate and future regulatory, legal, risk and environmental and operation requirements.

Gartner defines information governance as the specification of decision rights and an accountability framework to ensure behavior in the valuation, storage, use, archiving and deletion of information.

While these are accurate and encompassing definitions, they are built on top of, and rooted in, processes that are being forever changed by IoT.

Read Also:
Big data, data standards and cross-platform integration

Data defines how you operate your company at a foundational level.

 



Data Science Congress 2017

5
Jun
2017
Data Science Congress 2017

20% off with code 7wdata_DSC2017

Read Also:
5 Actions That Can Help Companies Master Analytics

AI Paris

6
Jun
2017
AI Paris

20% off with code AIP17-7WDATA-20

Read Also:
How Big Data Can Help Unleash Your Print Fleet

Chief Data Officer Summit San Francisco

7
Jun
2017
Chief Data Officer Summit San Francisco

$200 off with code DATA200

Read Also:
The truth behind AI, machine learning, and bots

Customer Analytics Innovation Summit Chicago

7
Jun
2017
Customer Analytics Innovation Summit Chicago

$200 off with code DATA200

Read Also:
Data Science Automation For Big Data and IoT Environments

HR & Workforce Analytics Innovation Summit 2017 London

12
Jun
2017
HR & Workforce Analytics Innovation Summit 2017 London

$200 off with code DATA200

Read Also:
Big data, data standards and cross-platform integration

Leave a Reply

Your email address will not be published. Required fields are marked *