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Data protection is a key IT function, and most IT managers know that you cannot properly protect data if you don’t know what it is worth. In order to determine its value, you must know where it is, how it is used, and where and when to integrate and federate it. In order to evaluate data from a business perspective you must have an oversight level IT perspective.

Data governance is an essential ingredient in the IT process. Once you can determine the value of your data, you must then calculate the probability of risk in a business process. Once the probability of risk is defined, a proper determination can be made as to how much you should spend to protect and manage your data.

Just like any IT-related project, in order to implement best practices and get the most out of your investment, a clear “blue print” for the future needs of the company should be created, and re-visited, as often as possible to determine changing needs as far in advance as possible - saving time and money.

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