People, businesses, and machines are generating data at a staggering pace. The business expectation is that you will use this data to gain insight, increase competitive advantage, and become truly data-driven. Data lies at the heart of this digital transformation and is underway at most organizations.
But with so much data, created so quickly and from so many different sources, it’s hard to control. Today we find ourselves in the midst of data’s perfect storm—exponential growth coupled with an expanding list of regulations (i.e., General Data Protection Regulation, the Basel Accords, BCBS 239, Solvency II, and HIPAA) that require businesses to document how they process data.