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Survey of 600 Data Leaders Highlights the Current and Future State of Data Policy Management PracticesImmuta, the leader in data access and security, today announced the findings of a comprehensive survey of data leaders that highlights the current and future state of data policy management practices, including the top criteria for data management tools and the roles organizations are recruiting to handle data policy enforcement efforts. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221102005616/en/ The 2022 Data Policy Management Report surveyed 600 U.S. and European data leaders, and was commissioned by Immuta and conducted by 451 Research, the enterprise technology research unit of S&P Global Market Intelligence. The report finds that data management priorities are evolving beyond achieving compliance and cost reductions. More than half of survey respondents (52.5%) say they are primarily motivated to adopt or improve data policy management efforts by the need for BI and data analytics insights, while 43.5% said compliance and just 21% cited cost savings efforts, pointing to an evolution of data maturity as organizations focus on how best to maximize and leverage all the data at their disposal. The survey also found that data policy management is likely to continue evolving as data security and privacy concerns remain at the forefront for consumers and businesses alike. Looking ahead, customer trust and engagementare expected to become the top incentives for data policy management orchestration, according to the research. "Data policy management today is often directly adding value to business outcomes," said Paige Bartley, senior analyst at S&P Global Market Intelligence's 451 Research. "Of course, data policy management controls are still actively motivated by evolving legal and regulatory needs, but businesses are now realizing that proper implementation of these practices and supporting technologies can also facilitate the appropriate use of data, rather than just locking data down." Other key findings highlight the various challenges and motivations organizations face as they look to increasingly apply data policy management controls to optimize the value of their data while rightsizing their risk appetite. This includes:
"Data security and access control are central tenets of organizations' data strategies. It's now incumbent upon data leaders to ensure their teams have the right human and technical resources in place to execute those strategies," said Matthew Carroll, CEO of Immuta. "While businesses are hyper-focused on how they can leverage all of the data at their disposal, data privacy and security regulations have forced businesses across industries to reexamine and manage policies on how data is accessed, processed, analyzed, and shared. They're now at a crossroads between enabling BI and analytics, and maintaining compliance and data security." To read the full Data Policy Management Report, click here For more information about Immuta, visit www.immuta.com. About Immuta Immuta is the market leader in secure Data Access, providing data teams one universal platform to control access to analytical data sets in the cloud. Only Immuta can automate access to data by discovering, protecting, and monitoring data. Data-driven organizations worldwide trust Immuta to speed time to data, safely share more data with more users, and mitigate the risk of data leaks and breaches. Founded in 2015, Immuta is headquartered in Boston, MA. To learn more about Immuta careers, click here.
View source version on businesswire.com: https://www.businesswire.com/news/home/20221102005616/en/ |