Kalido to manage data governance programs

Independent data governance solutions provider Kalido has developed a new software product that to enable organisations to effectively manage data governance programs and improve data quality. The new helps to manage data policies, operationalise data governance processes, and measure and monitor compliance across the enterprise.

The price of the software, which is likely to hit the market by fourth quarter this year, starts from USD 275,000. A free community edition will be available in Q3 2010 and will include unified business modeling, data governance scope definition and policy creation, and industry standard integration of process, data and organizational models.

According to Kalido, their software, will help to manage data policies, operationalise data governance process by orchestrating comprehensive data governance processes including data policy creation, change management, communication, implementation, issue tracking and remediation.

“The new software will also help data compliance through monitoring, measuring and reporting compliance with data policies over time to drive continuous improvement by triggering timely issue resolution by notifying all stakeholders when data policies are violated, prioritises issues based on economic impact of non compliance by tracking the relationship between data quality and business performance metrics,” a company statement said.

Attempts have been made to implement and manage data governance by email, PDFs, Word documents and spreadsheets. This manual process is error prone and time consuming and lacks mechanisms for ensuring compliance and measuring business impact, the company said.

Bill Hewitt, president and CEO, Kalido, said, “The introduction of Kalido Data Governance Director is game changing for the information management market and our customers. Our tops-down approach fills a strategic gap in the data management market. For companies who have already started to implement data governance programs, Kalido Data Governance Director will give them the ability to accelerate efforts across their most vital data assets. Our ability to interoperate with existing infrastructure technologies provide the ‘missing link’ to a comprehensive and effective data governance effort.”