Data Valorization and Governance: Strategic levers for organizations

In a world where the amount of data generated continues to grow, its management and exploitation become strategic elements for organizations. Data enhancement transforms data into performance drivers, while data governance ensures data quality, security and regulatory compliance. Together, these two approaches represent a major asset for organizations wishing to accelerate their digital transformation.

What is data enhancement?

Data enhancement refers to all the processes involved in exploiting collected information to generate value. It is based on several levers:

Analysis and business intelligence: using analytical tools to measure performance, transform data into knowledge (insights) and guide decision-making.
Automation and artificial intelligence: Using advanced algorithms to predict trends, optimize internal processes and enhance the customer experience.
Personalization of services: Tailoring offers and communications to customers' behaviors and preferences.
Development of new services: Exploiting data from the organization's external environment to target new markets and create new business opportunities.

Data governance : An indispensable foundation

While data enhancement enables data to be exploited, effective data management depends on sound data governance. Data governance encompasses policies and practices designed to ensure the integrity, availability and security of data, as well as its compliant and ethical use. It is based on three fundamental pillars:

Data quality : Verification of the accuracy, consistency and reliability of information.
Security and protection: Implementation of protocols guaranteeing confidentiality and restricted access to sensitive data.
Regulatory compliance: Compliance with current laws and standards, such as Bill 25 in Quebec, the Personal Information Protection and Electronic Documents Act (PIPEDA) in Canada, the General Data Protection Regulation (GDPR) in Europe.

Implement a data governance and enhancement strategy

Combining data valuation and governance enables organizations to optimize performance and minimize risk. To succeed, a structured approach is required:

Establish clear governance: define roles and responsibilities for data management.
Mapping data: Knowing and defining data, identifying data sources, flows and uses.
Implement appropriate tools: Adopt technological solutions for data analysis, security and management.
Raise awareness and train teams: instill a data culture within the organization.
Evaluate and adjust regularly: Monitor performance and update practices in line with technological and regulatory developments.

Quebec government initiatives

In Quebec, the Act respecting the governance and management of information resources held by public bodies and government enterprises (LGGRI) establishes optimal data governance and management to simplify access to public services for citizens and businesses, and to enhance the quality and protection of this data.

To support and accompany public organizations in their implementation, the government has developed a digital transformation service offering. These services include

Government Authentication Service (GAS): A digital solution offered by the Ministère de la Cybersécurité et du Numérique (MCN) that enables citizens to authenticate and identify themselves in order to access certain online services offered by public organizations.

The Quebec Data service: A self-service platform to provide better access to open data of public interest. This service provides support to government departments and agencies for the creation and publication of their datasets.

Government digital data service: This service provides support to government departments and agencies in implementing the LGGRI's obligations with regard to government digital data:

Dissemination of guides, tools and templates to help public organizations meet their obligations in terms of governance and management of the data they hold.
Creation of training courses to support skills development in government digital data.
Personalized consulting on the inventory and lifecycle of official sources of government digital data.
Support for the development of information resource strategies, plans and projects.

How can we support you in your journey towards data valuation and governance?

Transform your data into a sustainable strategic lever

We support you in the design and implementation of a governance framework aligned with your objectives and ambitions, guaranteeing better quality, security and exploitation of your data.

Setting up a data governance framework : Deploy a governance structure adapted to the specificities of your organization and the requirements of your sector, guaranteeing strategic coherence and operational agility.

Develop a data strategy: Maximize the value of your data by developing a realistic and scalable roadmap that maximizes data exploitation while ensuring data integrity and compliance, paving the way for artificial intelligence.

Turn data into knowledge: transform your data into knowledge, and move from making decisions based on perceptions, assumptions and intuitions to making decisions based on reliable, useful and relevant data.