Why IoT Data Governance is Imperative for Enterprises?
According to a recent report from ReportsnReports, the proliferation of IoT-driven devices is expected to reach a market cap of more than $195 billion by the fiscal year 2023. But, with the increasing devices, there also comes a serious concern for enterprises. As every single day, a plethora of devices are getting connected to the network, handling the burgeoning data has become more complicated. Hence, adopters of IoT are taking all the necessary steps to address the challenges related to data security through implementing innovative, transformative strategies for the successful application of IoT data.
Today, IoT data are leveraged by enterprises across various industries to unearth opportunities for enhancing and customizing products, operations, and processes. But without a data governance strategy, there are high chances that businesses can get adversely affected.
For example, consider car manufacturers. Robotic arms are today an integral part of the whole car manufacturing process, such as for painting the body. Such arms are increasingly featuring OEM-fitted sensors for maintenance purposes. The car manufacturer in such scenarios needs to be mindful in determining what all data is the robotic arm allowed to capture and relay to its OEM. In the event, the robot's OEM gets its hands on some proprietary, protected manufacturing information, loses to the car manufacturer are easily imaginable.
Hence, data governance becomes a pivotal area for enterprises to keep an eye on. With an end-to-end solution bolstered with a secure network and robust policies, enterprises can remain relatively safeguarded agianst data's side-effects.
By Leni Kaufman, VP & CIO, Newport News Shipbuilding
By George Evans, CIO, Singing River Health System
By John Kamin, EVP and CIO, Old National Bancorp
By Elliot Garbus, VP-IoT Solutions Group & GM-Automotive...
By Gregory Morrison, SVP & CIO, Cox Enterprises
By Alberto Ruocco, CIO, American Electric Power
By Sam Lamonica, CIO & VP Information Systems, Rosendin...
By Sergey Cherkasov, CIO, PhosAgro
By Pascal Becotte, MD-Global Supply Chain Practice for the...
By Stephen Caulfield, Executive Director, Global Field...
By Shamim Mohammad, SVP & CIO, CarMax
By Ronald Seymore, Managing Director, Enterprise Performance...
By Brad Bodell, SVP and CIO, CNO Financial Group, Inc.
By Jim Whitehurst, CEO, Red Hat
By Clark Golestani, EVP and CIO, Merck
By Scott Craig, Vice President of Product Marketing, Lexmark...
By Dave Kipe, SVP, Global Operations, Scholastic Inc.
By Meerah Rajavel, CIO, Forcepoint
By Amit Bahree, Executive, Global Technology and Innovation,...
By Greg Tacchetti, CIO, State Auto Insurance