What is Data Governance?

The transcript discusses the failure of NASA's Mars Climate Orbiter due to a unit mismatch, highlighting the importance of data governance. It emphasizes that data governance is crucial for preventing costly errors and ensuring data quality. The transcript outlines steps for implementing data governance, tailoring it to organizational needs, and adopting a collaborative approach across departments. It also discusses the role of data governance in regulatory compliance and achieving business outcomes.

What are some consequences of ungoverned data mentioned in the text?

What is the estimated yearly cost of poor quality data in the US according to IBM?

How does data governance relate to regulatory compliance?