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How COMPASS Is Disrupting the Mid-Market Space

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Written by: CDO Magazine Bureau

Updated 4:27 AM UTC, Mon July 10, 2023

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Implementing effective data governance practices and programs can feel like an insurmountable mountain for mid-sized companies. And if you are at the helm of affairs at a mid-sized business, you are already familiar with the perpetual strain of limited resources and expertise and navigating complex data environments while keeping up with agility and innovation demands.

These are among the primary data transformation challenges faced by mid-sized organizations today. However, a new player in the market is addressing these roadblocks, offering a comprehensive data governance management system that can be tailored to an organization’s unique data governance needs: 

Why Data Governance Problems Must Be Marked ‘Critical’

Whether you’re running a small startup, a mid-tiered company, or a multinational major, data governance is critical to your business. It’s the key to keeping your data fit-for-purpose,  safe, secure, and reliable throughout its life cycle. Not only does it help you meet regulatory requirements, but it also helps you identify and mitigate risks associated with data.

The rapid digitalization and the exploding volumes of data in recent years have evolved governance from a need to a strategic imperative. While you can streamline your data management processes and reduce the time and resources needed to manage data, you will also ensure that your data is accurate, complete, and consistent across your organization, with effective data governance.

COMPASS: A Disruptor in the Mid-Market Space

Sandhill’s product COMPASS offers a centralized platform for managing pre-built content, templates, policies, and standards that can be tailored to an organization’s unique data governance needs. The comprehensive data governance solution, backed by over three decades of consulting experience, can streamline the data governance process and ensure consistency across the organization.

“Data governance is not just a necessity, but a strategic asset for mid-market companies, and we aim to provide a comprehensive data governance solution,” says Simon Carter, CEO of Sandhill Consultants.

The disruptive technology in the governance space makes way for rapid deployment, operation, and analytics of your strategic Data Governance Program for improving business performance.

Not only does this powerful platform seamlessly integrate with other data management tools, including data cataloging, lineage, and quality tools, but it also provides unparalleled oversight of your entire data management ecosystem. With COMPASS at the helm, you can rest easy knowing that your data governance policies and standards are being upheld across all your data management initiatives. 

Overview of COMPASS’ Core Features

By providing a centralized knowledge-based platform, COMPASS delivers data governance artifacts and templates such as charters, processes, RACI roles, policies, standards, metrics, and surveys. It is an easily searchable system that allows collaboration across the organization and helps accelerate the adoption of a DG Program.

COMPASS’ core features include:

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COMPASS

While the challenges of implementing effective data governance practices are unique and many, the importance of data governance cannot be overstated.

To unleash the true power of your data governance program, connect at info@sandhillconsultants.com to discuss COMPASS today. 

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