DATA & ANALYTICS
Navigating the complex data governance and AI
As businesses rapidly adopt Generative AI , experts warn that neglecting robust data governance can limit potential and pose security and ethical risks
WRITTEN BY : MARCUS LAW
Businesses are embracing AI at an accelerating pace , enticed by the promise of data-driven insights and automation .
But as organisations move quickly to employ Generative AI models in order to transform their business , they are often failing to consider the importance of established data governance capabilities .
According to a report by Deloitte , data governance plays a pivotal role in fostering innovation in the evolving AI landscape by ensuring responsible data practices , mitigating biases , and safeguarding privacy . A robust data governance strategy , it says , is the key to unlocking the full potential of generative AI use cases .
However , this rapid adoption poses a myriad of challenges around data governance and model management . Without robust data governance capabilities , the potential impact and value added by Generative AI will be severely limited and may even expose organisations to data and cybersecurity risks .
The multifaceted challenges of compliance , quality and security Jinender Jain , Senior VP and Sales Head UK and Ireland at Tech Mahindra , highlights this complexity .
112 December 2023