GenAI in Data Governance: Bridging Gaps and Enhancing Compliance
Effective data governance is essential for organizations to maintain data accuracy, ensure security, and achieve compliance in today’s digital landscape. The emergence of Generative AI (Gen AI) has significantly improved the efficiency and reliability of data governance processes. The global market for AI-driven data management is on an impressive growth trajectory. It is expected to expand from USD 25.1 billion in 2023 to a remarkable USD 70.2 billion by 2028, with a compound annual growth rate (CAGR) of 22.8%. This surge is fueled by the rapid adoption of cloud computing, which has revolutionized how organizations handle their data. Cloud platforms offer scalability and flexibility, enabling businesses to store, process, and access vast amounts of data with ease. Unlike traditional on-premises infrastructure, cloud-based solutions eliminate physical limitations, making them indispensable for modern data management. This shift toward cloud technologies is a major dri...