According to a new study released by Exeros, Inc., an innovator in automated data relationship discovery software, two-thirds of IT executives have delayed or abandoned data governance initiatives, revealing an alarmingly high failure rate for projects managing a company's most critical asset - its data. The survey, conducted by First Market Research, sought to understand the experiences of IT executives implementing and managing data governance projects.
Enterprises are expending enormous resources today on centralized data governance and integration projects like master (or reference) data management, metadata repositories or enterprise data warehouses. In fact, most Fortune 1000 companies have projects underway to better integrate their sprawling data empires, so they can implement enterprise-wide data governance.
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