Glossary

What is Industrial Data Governance?

Understanding Industrial Data Governance

Industrial Data Governance refers to the framework of policies, processes, and standards that ensure data is accurate, consistent, and secure across industrial operations. For asset-heavy industries, reliable data governance is critical to maintaining efficiency, safety, and compliance.

By aligning governance practices with Master Data Management (MDM) and ERP Data Quality, companies can establish a solid foundation for effective decision-making.

Why Industrial Data Governance Matters

Effective Industrial Data Governance delivers multiple benefits:

  • Ensures compliance with global data standards like ISO 8000 and UNSPSC Codes
  • Improves data quality and trustworthiness
  • Reduces operational risks linked to poor data accuracy
  • Supports digital transformation initiatives and Industry 4.0
  • Enables integration of IoT Data and predictive analytics

How Sharecat supports Industrial Data Governance

Sharecat Data Services enables organizations to implement strong Industrial Data Governance by cleansing, enriching, and standardizing critical data. By integrating governance practices with Engineering Data Management (EDM) and Procurement Data Quality, Sharecat ensures that industrial data is business-ready, compliant, and reliable.

This allows enterprises to gain better control of their data assets, reduce costs, and drive more value from digital transformation initiatives.