Data Management Summit: AI, Data Governance, and the Future of Data

Thoughts from our CDO panel at Data Management Summit New York: -We're still in the hype cycle - new hires are asking about the GenAI strategy -ROI might not be the biggest question - 90% of business use cases have no ROI - it's like tryig to explain the ROI for Internet back in the early 90s. -be ready to "fail fast" - speed of evolution / adoption -Talk about AI-Ready data - quality, observability, lineage - AI Strategy == How are you supporting business objectives -Building training sets with structured & unstructured data Unstructured data governance: -Sharepoint sites have suddenly become valuable - 70% of enterprise knowledge is in unstructured data - vendors are trending this way -Semantic model overlays - using GenAI to extract structure from unstructured data with human oversight -Holding models to a standard higher than human error rate -how do you integrate this derived structured data int the process? Data governance frameworks haven't caught up with structured data - e.g. PII data hidden in a document - Using GenAI to automatically tag & classify unstructured data -Firms that successfully implement unstructured data governance will lead Integrate banks policies and procedures - allow business user to ask a single question - not dealing with multiple tools -Datamesh/Datafabric - centralized tech strategy - single comprehensive data catalogue - decentralized execution Managing risks of misclassified data - Purge if not required for regulation - Accountability for data use -If not sure about data quality - test, test -Quality challenge at-scale - velocity and timing requirements for large-scale AI/ML -Data and AI are inextricably linked - falling under the same management umbrella -Data quality management and accountability must be distributed Cloud brings improved immunity to scale challenges - legacy stacks limit and restrict -People-first is key to adoption Next 6-12 months: Pushing "Data Product" Intersection of AI with Diplomacy & Trade - meeting regulatory requirements Cloud journey from local on-prem data warehouses Integration across the enterprise at scale #DMSNYC #datamanagement #data #AI #CDO #dataquality #datamesh #datagovernance #datafabric Peggy tsAI Jean-Christophe Lionti Vanessa Jones-Nyoni CJ Jaskoll Andrew Foster, CFA

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