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Data stewardship roles are common when organizations attempt to exchange data precisely and consistently between computer systems and to reuse data-related resources. [ citation needed ] Master data management often [ quantify ] makes references to the need for data stewardship for its implementation to succeed.
In data governance groups, responsibilities for data management are increasingly divided between the business process owners and information technology (IT) departments. Two functional titles commonly used for these roles are data steward and data custodian .
A data steward is a role that ensures that data governance processes are followed and that guidelines are enforced, and recommends improvements to data governance processes. Data governance involves the coordination of people, processes, and information technology necessary to ensure consistent and proper management of an organization's data ...
However, data has to be of high quality to be used as a business asset for creating a competitive advantage. Therefore, data governance is a critical element of data collection and analysis since it determines the quality of data while integrity constraints guarantee the reliability of information collected from data sources.
Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, accuracy, stewardship, semantic consistency, and accountability of the enterprise's official shared master data assets.
Information technology governance is a subset discipline of corporate governance, focused on information technology (IT) and its performance and risk management.The interest in IT governance is due to the ongoing need within organizations to focus value creation efforts on an organization's strategic objectives and to better manage the performance of those responsible for creating this value ...
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