Before proceeding, you must know What is Big Data? Big Data Governance is the process and management of data availability, usability, integrity, and security of data used in an enterprise. It includes all the steps from storing the data to secure it from any mishap. It is not just only about technology. Responsible for the particular data asset along with the technology.
It is also used in an organization at a maturity level to make sure critical and vital data is managed and protected. This gives clarity of the information which helps in defining the Decision-Making processes around data. It is a strategic, long-term process. It is essential for Finance and Insurance organizations especially those that have regulatory compliance. These organizations are required to have formal data management processes to govern data throughout its life cycle. Data governance can also enable the authorization on the based of classified data to particular users.