The SAS® Data Governance Framework: A Blueprint for Success [OG Partner]
By the early 2000s, data governance began to get more attention. The collapse of companies like Enron, Adelphia and others led the US federal government to establish rules to improve the accuracy and reliability of corporate information. Data governance was a key component of these efforts, as the rules put in place by the Sarbanes-Oxley Act and other regulations required executives to know – and be personally responsible for – the data that drove their businesses.
Data governance now had an immovable industry driver, and it began to mature – rapidly. As a result, data governance technology (often growing from data quality or business process management tools) began to offer a way to automate the creation and management of business rules at the data level.