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Good morning everyone. Myself Kaniz E Zainab and today me and my team members
will present the topic Big data governance.
SLIDE 2:
Before going to big data governance let me tell you what big data is. Big data is a term that
describes the large volume of data – both structured and unstructured – that inundates a
business on a day-to-day basis. But it’s not the amount of data that’s important. It is what
organizations do with the data that matters. Big data can be analysed for insights that lead to
better decisions and strategic business moves. When we combine big data with high-
powered analytics, we can accomplish business-related tasks such as:
Determining root causes of failures, issues and defects in near-real time.
Generating coupons at the point of sale based on the customer’s buying habits.
Recalculating entire risk portfolios in minutes.
Detecting fraudulent behaviour before it affects your organization.
SLIDE 3:
Big Data Governance is the process and management of data availability, usability, integrity,
and security of data used in an enterprise.
Big Data Governance helps Enterprises to make sure essential data is governed and protected.
Data governance is a multi-faceted concept.
My team member Ragini will be continuing with the importance and a brief case study.
SLIDE 4:
Thank you Kaniz.
So, why do we think big data governance is important? - To prevent data assets from
becoming data liabilities, organizations are increasingly recognizing the need to implement
a data governance framework to establish a baseline of data understanding and
set data quality benchmarks to ensure the integrity, usability, and value of their data.
Data Governance ensures that critical data is available at the right time to the right person, in
a standardized and reliable form. It can result in improved productivity and efficiency of an
organization.
In the current era of big data, data governance has gradually become an important means for
enterprises to make intelligent decisions, helping enterprises to occupy a favourable position
in a highly competitive market environment.
Slide 5:
The researchers have used the Go-Jek, a local ride sharing platform used in Indonesia to
explore the big data and analytical algorithms regarding work assignment, performance and
rating system, and legal and ethical concerns.
They conducted interviews and interviewed drivers, consumers, data scientists and regulatory
bodies.
The growth of sharing economy platforms relies heavily on the governance of data and
algorithms to efficiently find the best match between customers and sharing service providers
and to generate data driven decisions for platform operators.
Transport for London decided to revoke Uber's London license due to the illegal existence of
its “Greyball” software, an algorithm presented in Uber platforms to prevent government
officials from obtaining access to the application and avoid regulatory bodies from exercising
regulatory or law enforcement duties.
The case study shows that the impact of sharing economy is relatively positive overall in
developing markets such as Indonesia, mostly triggered by higher incomes and the flexibility
this brings. To a certain extent, there are several negative impacts induced by Go-Jek's
algorithmic decision-making, but it does not greatly affect the drivers, although it is argued to
have unknowingly affected both the drivers and customers.
Now my team members Anuradha and Sahil will continue with rest of the presentation
SLIDE 6:
Thank you Ragini.
Some of the tools of big data governance are SAP master data governance, Apache atlas and
Alation Data catalogue.
When combined with proper tools, organizations can facilitate a broad and comprehensive
understanding of their data, enabling data owners, data stewards and data consumers to
manage and apply data to extract maximum business value effectively.
To extract maximum business value the organizations should have a centralized data
governance model that will make the whole process easier.
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The benefits of Big Data Governance are:
1. To improve data quality.
2. Helps in understanding the data and shows the data lineage.
3. Helps in adopting Regulatory Compliance.
4. Improve the capabilities of Decision-Making by data.
Whereas the Best Practices for Big Data Governance are
1. Target big start with small: It is an iterative process. It starts with the people, data
policies, and culture and data stewardship can be targeted. It can take many steps to
reach a maturity scale.
2. To choose data stewardship wisely: Choosing a data steward depends on the stage of
the underdevelopment Data Governance program, so the organization needs to select
this carefully.
My teammate Sahil will continue with challenges and then concluded the presentation.
SLIDE 8:
Thanks, Anuradha.
Challenges
SLIDE 9:
Finally, I would like to conclude the presentation by saying that big data is now an essential
and widely used technology and big data governance has become mandatory when utilizing
big data to ensure data’s integrity and quality. Hence, more advancement and usage of this
technology should be expected in the future.
Thank you.