Experian Announces Major Update to Aperture Data Studio
Just 15% of organisations believe their current data governance is meeting expectations
Embedded Gen AI will make it even easier for businesses to understand and manage their data estates
The new version of
New features include:
- Data Catalogue and Governance: Advancing Experian’s mission to instil trust in data, a new fully flexible data catalogue enables greater control, oversight and management of an organisation’s data estate. Businesses can easily define data assets, capture and contextualise critical data, assign ownership and map relationships, enforce policies, and leverage collaboration features to encourage innovation.
- Business Impact Analysis: A unique capability expediting ROI for our clients. Businesses can quantify the impact of data management issues in financial terms, deliver Return on Investment (ROI) metrics for data initiatives, and map data to internal processes to assess if it is fit-for-purpose.
- Gen AI Capabilities: Supporting business users and a federated data management model, Gen AI-powered technology delivers a superior experience and quicker time to value, with the ability to prompt Gen AI to create data quality rules and help make sense of their data.
- User Defined APIs: Empowering data quality at point of collection, a highly intuitive user interface helps to map business rules to workflows, with the ability to create APIs to validate data consistently across multiple touch points.
Research from Experian has found that businesses are increasingly aware of the pitfalls of poor data governance practices. The most serious consequences are compliance failures (56%) and security breaches (56%), followed by reputational damage (51%), poor data quality and eroded trust in data (51%).
However, just 15% of organisations think their data governance efforts are fully meeting expectations and delivering the outcomes they need, while more than a fifth (22%) said their efforts are falling short with considerable scope for improvement.
The vast majority of businesses (83%) recognise that data governance shouldn’t be an afterthought and can help give them a strategic advantage. Nearly three-quarters (73%) said they think strong management will be fundamental to the implementation and deployment of better AI services and solutions.
“The latest evolution of
Available globally, the enhanced
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Survey findings taken from interviews with more than 250 data experts working in
About Experian
Experian is a global data and technology company, powering opportunities for people and businesses around the world. We help redefine lending practices, uncover and prevent fraud, simplify healthcare, deliver marketing solutions, and gain deeper insights into the automotive market, all using our unique combination of data, analytics, and software. We also assist millions of people to realise their financial goals and help them to save time and money.
We operate across a range of markets, from financial services to healthcare, automotive, agribusiness, insurance, and many more industry segments.
We invested in talented people and new advanced technologies to unlock the power of data and innovate. As a
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Media contact:
Robert Goodman, PR Manager, Corporate & Business, UK&I, Experian
Tel: +44 7989 398 498 / Email: Robert.Goodman@Experian.com
Source: Experian