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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 .
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.
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 ...
Enterprise data management (EDM) is the ability of an organization to precisely define, easily integrate and effectively retrieve data for both internal applications and external communication. EDM focuses on the creation of accurate, consistent, and transparent content.
Data can be described as the elements or units in which knowledge and information is created, [2] and metadata are the summarizing subsets of the elements of data; or the data about the data. [3] The main goal of data preservation is to protect data from being lost or destroyed and to contribute to the reuse and progression of the data.
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Since the CIGO is a relatively new position, the role's responsibilities are not set in stone and continue to evolve. For the most part, today's CIGOs: Manage all of an organization's information, tapping into as much value from it as possible (e.g., better-targeted marketing) while reducing exposure to its associated risks (e.g., lawsuits)