An entity’s data is often one of its most critical assets. From intellectual property powering innovative products and services, to proprietary sales and performance information driving strategic directions, to customer data enabling personalized, customer-centric experiences, all businesses, organizations, and governments use some form of data in their daily operations. In today’s technology-driven economy, most entities eventually seek to leverage their unique data to generate opportunities and accomplish their respective missions.
Data also can be an organization’s Achilles’ heel if it is mismanaged, outdated, lost, or stolen. These outcomes are sadly not the exception, and they can have devastating strategic, operational, financial, and even legal consequences. Unfortunately, with the constant advance of technology, the staggering growth of data and its seemingly limitless forms and locations have made managing and protecting data a daunting task.
Complicating the situation is the bewildering – and growing – number of both US and international laws, regulations, and standards controlling the handling and protection of data. Add to this the ever-expanding number of vendors marketing newer and newer technologies and solutions that address various aspects of data management and security. For any entity trying to determine how to prioritize and spend its scarce resources, knowing where to begin is half the battle.
To help our clients tackle this critical challenge and take advantage of this opportunity, Ankura has developed a unique, simplified, and consolidated approach that empowers entities of all shapes and sizes to maintain a healthy data ecosystem and enables better oversight, compliance, utilization, and protection simultaneously. By taking a data-centric approach, Ankura can help unlock their potential while at the same time mitigating risks.
Ankura’s data governance and cybersecurity professionals provide clients with best-practice assessments, program design, and implementation support as well as technology selection and technology business integration assistance. In addition, we can draw on the deep experience of our Ankura colleagues, experts in various industries, regulations, and standards, to provide a unique perspective on the challenges of data management.