Building optimal metadata management capability
In 2021, I participated in an interview where I boldly (at the time) stated that metadata was the most underappreciated data governance capability. Now, in late 2023, I stand beside that statement. It’s my firm belief that metadata is the power behind all data governance. To this day, I am asked what companies should do to maximize their investment in data governance, and every time, I suggest a strong investment in metadata capabilities by creating and optimizing a data marketplace.
What is a data marketplace?
A data marketplace is what I would call a “business of data capability,” meaning that it is driven by the data office. When powered and supported by technology, a data marketplace is a single location for a company to create a shopping-like experience for all data assets. The foundation of the data marketplace is powered by metadata and allows users to access data assets from a single platform with ease...