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Data Governance is about defining what your data means

Achieving agreement on the meaning and definitions of key business concepts such as product, customer, etc. is a critical first step in a data governance program.


			 				 	        		        		        		          	



  
  
  
  
  

    
Document business terms and relations


Terms can have different meanings depending on the context. Does "Customer" really mean the same for the Sales and Marketing department as it does for the Finance department? 


It is of critical importance for many IT projects to come to a pragmatic agreement on what business terms mean. How can you successfully implement a Master Data Management program without understanding what customer or product means for different business units? Organizations applying best practices in their Data Governance program generally start by defining their key business concepts and relations. Collibra's Business Semantics Glossary provides a unique, truly business-friendly environment where both Business and IT professionals come together and define what their business concepts mean, including synonyms, homonyms, multiple languages, ....


  


Capture various metadata dimensions


A full context requires more than plain descriptions. Your organization has its own view of the world, and you must be able to capture that view.


It is important to provide business definitions as well as other pieces of business metadata that help clarify the business concepts and their purpose. Collibra's Business Semantics Glossary allows you to capture additional information, completely customized to your organization. For example: how are my concepts used in different business processes, what security level applies to them, what privacy level do they have, how are they used in various technical systems, ...


     


Create taxonomies, classifications and hierarchies


One of the goals of your data governance program is to get a grip on complexity to make sure data is correctly implemented. This is done by defining taxonomies, classifications, and multidimensional hierarchies.


Collibra's Business Semantics Glossary helps you segment your products into different product categories, group them by region, price, and delivery model. The software supports any type of classification or categorization you will ever need, in a business-friendly way, and structured in such a way that it is ready for IT to implement.