What is Collibra?
Collibra is one of the best data governance and data catalog software. It helps businesses understand and handle their data by effectively listing, recording, tracking, controlling, and cataloging their data assets. Many businesses use Collibra to ensure accurate, up-to-date, and trustworthy data.
Let us look at the various features, uses as well as benefits of Collibra in this article.
Top 5 Reasons to use Collibra
1. Handles AI Governance
Collibra ensures trustworthy AI by delivering transparency, understandability, and compliance across all AI use cases. It offers clear insight and control for risk mitigation, which is critical for maintaining model reliability and adherence to regulations.
2. Manages Data Cloud Migration
Collibra speeds up cloud platform adoption by prioritizing valuable data and minimizing risks through a teamwork-focused migration approach. It efficiently identifies and prioritizes data, speeding up the process and encouraging cloud platform adoption.
3. Provides Data Governance & Strategy
Collibra empowers organizations with certified and accurate business reporting, providing an integrated view of data origins and usage. It establishes common business glossaries and automates policy enforcement to ensure compliance and effective data governance.
4. Offers Data Reliability
Collibra enables organizations to monitor, validate, and certify data health through automated checks, reducing downtime and enhancing data quality. It offers visualization tools for improved ROI and compliance, ensuring accurate and consistent data for business decisions.
5. Facilitates Data Sharing
Collibra facilitates expedited access to trusted data products through advanced automation and collaborative workflows. It ensures compliant data access and sharing through centralized policy management and data access governance, promoting data sharing at scale without compromising compliance.
Collibra Features
People can collaborate on data control, lineage, stewardship, and cataloging here. Collibra’s four main duty areas are:
- Data catalog: Provides a comprehensive list of accessible data assets, aiding users in finding the right data for their needs across various locations.
- Data governance: Enables understanding and sharing of information about data assets through control features and metadata, facilitating collaboration and compliance. By enrolling in comprehensive Collibra Training, users can gain knowledge in end-to-end Collibra Data Governance.
- Data lineage: Tracks the movement and transformation of data across systems, ensuring transparency and compliance with legal requirements while also providing insights into data origins and changes.
- Data Privacy: This feature empowers security and privacy teams to create, manage, and enforce rules to safeguard data and ensure legal compliance. It also includes features for initiating policy actions and generating compliance reports.
- Data Quality & Observability: This aspect ensures that data is accurate, consistent, and reliable by monitoring, assessing, and improving data quality metrics. It involves data profiling, anomaly detection, and cleansing techniques to maintain high-quality data throughout its lifecycle.
- Protect: Collibra’s Protect module offers a unified platform for data access governance. It enables informed policy decisions based on data nature, purpose, and authorized users, fostering collaboration across teams and ensuring data security and compliance.
7 Industries Where You Can Use Collibra
1. Public Sector
- Ensure data security and compliance with government mandates.
- Improve data literacy and sharing among agencies.
- Enable data integrity and collaboration for evidence-based policymaking.
2. Energy and Utilities
- Drive transparency and consistency in reporting.
- Enable explainable AI and self-service analytics.
- Future-proof cloud data migration and modernization.
3. Healthcare
- Improve data literacy and sharing to enhance patient outcomes.
- Accelerate self-service analytics and AI for medical research.
- Ensure data integrity and compliance with regulations.
4. Life Sciences
- Innovate with trusted data for drug discovery and clinical trials.
- Fortify regulatory compliance and ensure data integrity.
- Increase transparency and speed self-service analytics.
5. Financial Services
- Fortify risk and regulatory compliance.
- Enable explainable AI and accelerate self-service analytics.
- Streamline financial reporting and drive digital banking transformation.
6. Insurance
- Speed data democratization and fortify risk compliance.
- Enable explainable AI and improve financial reporting.
- Drive data integrity across insurance processes.
7. Retail
- Deliver personalized experiences and optimize decision-making.
- Build customer trust and loyalty by protecting data.
- Accelerate data migration and eliminate duplicate spending.
Final Thoughts
Collibra helps businesses manage their data better, ensuring it’s accurate, secure, and complies with rules. It’s like a guide that helps organizations organize, understand, and use their data effectively. As data becomes even more important and rules get stricter, Collibra will help companies stay on track with their data needs and regulations, making it a valuable tool for success in the digital world.
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