Data Governance

A set of processes that ensures that important data assets are formally managed throughout the enterprise. Ensures that data can be trusted and that people can be made accountable for any adverse event that happens because of low data quality.
It is about putting people in charge of fixing and preventing issues with data so that the enterprise can become more efficient.
Describes an evolutionary process for a company, altering the company's way of thinking and setting up the processes to handle information so that it may be utilized by the entire organization.

Softpath's EIM team has been instrumental at many clients to put together a working plan for data governance using Informatica's Data Management products like MDM and Data Quality.