Leveraging Data Catalogs to Enhance Data Value

Dynamics 365 ERP - Development

Organizations are facing challenges in organizing and understanding the vast amount of data available to them.
Data catalogs are an evolving solution that combines technical and functional metadata to help increase data literacy and understanding.
A properly defined data catalog can prevent business challenges such as terminology contention and misuse across teams.
Data catalog tools typically possess capabilities such as data discovery, metadata management, data classification/labeling, searchability, data ownership, data lineage, data observability, and workflow for approvals.
Data catalogs help maintain trust in analytics outcomes by ensuring timely detection and resolution of inconsistencies/errors.
High-quality data is a frequent request from business entities, but without adequate cataloging efforts, it remains an elusive goal.
Capturing key metadata helps companies establish agreed-upon standards and address both metadata and underlying data issues for better operational decisions.
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