Top 4 Benefits of Data Lineage
What Are the Top 4 Benefits of Data Lineage?
Data lineage is the process of understanding, documenting, and visualizing data as it flows from its source to consumption. This includes all the transformations the data undergoes along the way, such as how the data was transformed, what changed, and why. As a powerful tool to help an organization stand out and win in the competition, the importance of data lineage is reflected in its impact on an organization’s function and reputation. In this article, we’ll take a close look at the top 4 benefits of data lineage.
Top 4 Benefits of Data Lineage – 1. Build trust in your data
The mission of being a data-driven organization is almost a cliche. If you have data, what else would you like to do to drive your organization? Tarot cards? Random guess? But data alone is not enough, you need to have credible data, otherwise it’s not much better than “data” on tarot cards. Transparency is essential to trust, and transparency is what data lineage gives you. Where did this number come from, what happened along the way, and what other data did it influence? With transparent answers ready, your organization’s data users will be able to rely on your data and use it to drive business growth.
Top 4 Benefits of Data Lineage – 2. Faster incident resolution
Even the best people make mistakes. Even the best of us make mistakes. For example, there are wrong figures in reports, accounts, and calculations. But what sets you apart is the way you handle mistakes. Can you find the source of the error and correct it within minutes or hours of finding it? Or will it take days while the customer or management is impatiently waiting for a resolution?
Data lineage is your greatest asset when it comes to figuring out what went wrong. A comprehensive automated data lineage solution enables you to trace the source of errors and provide answers and corrections in a very short time.
Top 4 Benefits of Data Lineage – 3. Easily meet compliance standards
Is your team satisfied with the enhanced protections available to the public when new compliance standards are published or updated, or frustrated with the enhancement headaches this will cause them? We all know that more standards mean more data management, more data tracking, more data masking, and more audit preparation. In short, more “stuff” needs to be crammed into an already rapidly growing workload.
One of the most obvious benefits of data lineage is the ability to easily find, track, and manage authority data. When the data flow from source to destination can be clearly traced, identifying any regulated data point on the flow helps to easily identify all other data points derived from that regulated data. In addition, being able to show what happens as data moves through your system makes it easy to prepare for audits and demonstrate compliance.
Top 4 Benefits of Data Lineage – 4. Build trust in your organization
Your organization’s reputation will outshine your competitors if you can make accurate, data-based decisions, resolve data issues in a transparent and timely manner, and have a strong compliance record. It’s common sense that people do business with organizations they trust. One of the main benefits of data lineage is building a trusted reputation as the first choice in your industry.
Conclusion
Thank you for reading our article and we hope it can help you to have a better understanding of the top 4 benefits of data lineage. If you want to learn more about date lineage, we would like to advise you to visit Gudu SQLFlow for more information.
As one of the best data lineage tools on the market of 2022, Gudu SQLFlow can not only analyze SQL script files, obtain data lineage, and perform visual display, but also allow users to provide data lineage in CSV format and perform visual display.