Across the countless conversations I’ve had with data leaders in pharma, these same challenges keep popping up again and again: 1. Data Fragmentation - Managing 10+ data sources is becoming necessary to understand the consumer at scale. Across teams, building a compliant, rich "single source of truth" is a significant challenge. 2. Regulatory Evolution - With traditional approaches, keeping up with new data and AI regulations is becoming a full-time job. Governance frameworks need to evolve quickly. This isn't just about checking boxes anymore - it's about building iteratively. 3. The AI Balance - AI capabilities are in high demand, but privacy considerations take precedence before the technology can be fully utilized. Your data scientists need agility, your privacy team demands security, and you're stuck navigating the balance. Traditional de-identification methods can't keep up with the pace of innovation. 4. Time-to-Value Challenges - Companies invest heavily in data acquisition, but lose momentum during the data deployment processes due to compliance. When your data compliance reviews take 12+ weeks, but your dev cycle is 2 weeks, something needs to change. 5. Partner Ecosystem Growth - The reality of modern pharma: you're probably working with 15+ data partners, each with their own standards and requirements. Integration isn't just technical - it's about aligning compliance across your entire ecosystem. What I'm Seeing Work: The companies who are moving quickly are taking an enterprise-wide strategy to intertwine data and compliance by: ✔️ Implementing automated privacy tools (but choosing them carefully) ✔️ Building flexible governance frameworks that can adapt quickly ✔️ Investing in solutions like Integral Privacy Technologies’s Continuous Monitoring instead of traditional consulting What challenges are you seeing in your organization? Would love to hear your thoughts. #PharmaData #Privacy P.S. If you’re facing these challenges please contact us and we can discuss how our learnings can be tailored to your data strategy
Shubh Sinha’s Post
More Relevant Posts
-
In discussions about whether to optimise processes using #GenAI, a critical concern often arises: data privacy and security. This fear is both understandable and significant, as data is one of the most valuable assets for any organisation. From our experience, we can highlight three key concerns for management: 🔴 The risk of data leaks: The risk of sharing sensitive data with GenAI service providers, such as OpenAI or Anthropic, that could use this data for training. 🔴 Data governance: The complexity of defining data access roles among employees to information required as input or output of GenAI-driven solutions. 🔴 Regulatory compliance: The challenge of adhering to complex data protection laws and other regulations. At SamuylovAI, we help understand and minimise risks related to data privacy and security, allowing businesses to focus on unlocking the full potential of GenAI with our comprehensive data strategy services: ✔️ Risk awareness It is crucial to balance adopting new technologies with managing potential risks of data leak. In many cases, the benefits of using GenAI far outweigh the hypothetical risks. We organise workshops to help you identify these use cases and address your concerns. ✔️ Data strategy development We assess the current state of your data infrastructure and help design the overall approach to how to collect, store, transform, and analise your data – a foundation for enabling innovation with GenAI while ensuring data governance. ✔️ Ongoing secure development Based on the data foundation, we help you understand how to develop products that promote growth while maintaining data security. If you want to receive a consultation about GenAI services for your business, contact us: https://lnkd.in/esZHCrwM We will publish the following tips later under this hashtag: #SamuylovAI_GenAIAdoption. #GenAIConsulting #TeamDevelopment #GenAIAdoptation #GenAIFears #GenAIObstacles
To view or add a comment, sign in
-
In my view - the real reason most companies are making limited progress in their AI efforts isn't because their tech stack isn't good enough - it's because their data is a mess. And the reason for poor data - poor data governance. 𝗜𝗳 𝘆𝗼𝘂𝗿 𝗱𝗮𝘁𝗮 𝗶𝘀𝗻’𝘁 𝗴𝗼𝘃𝗲𝗿𝗻𝗲𝗱, 𝗶𝘁’𝘀 𝗮 𝗹𝗶𝗮𝗯𝗶𝗹𝗶𝘁𝘆, 𝗻𝗼𝘁 𝗮𝗻 𝗮𝘀𝘀𝗲𝘁. In the race to innovate with AI, too many companies are skipping a critical step - data governance. As data breaches skyrocket and privacy concerns escalate, ignoring governance is like building a house on quicksand. Governance isn’t some bureaucratic checkbox - without data integrity, security, and controlled access, your insights are not only unreliable - they’re dangerous. 𝗚𝗼𝗼𝗱 𝗴𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 𝗶𝘀𝗻’𝘁 𝗿𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝘃𝗲 - 𝗶𝘁’𝘀 𝗹𝗶𝗯𝗲𝗿𝗮𝘁𝗶𝗻𝗴. It transforms your data from a liability into a competitive edge by ensuring it’s secure, trustworthy, and primed for growth. Establishing data lineage, implementing security protocols, and building robust audit trails are not nice-to-haves; they’re essentials. Without them, you’re not just limiting scalability - you’re potentially courting disaster. The question we all need to be asking ourselves: is our data governance driving growth or is its absence silently sinking our AI strategy? #AI #data #datagovernance
To view or add a comment, sign in
-
🤔𝗪𝗵𝗮𝘁 𝗜𝘀 𝗧𝗵𝗲 𝗦𝗶𝗻𝗴𝗹𝗲 𝗠𝗼𝘀𝘁 𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗶𝗻𝗴 𝗧𝗮𝘀𝗸 𝗜𝗻 𝗗𝗲𝘃𝗲𝗹𝗼𝗽𝗶𝗻𝗴 𝗔𝗜 𝗠𝗼𝗱𝗲𝗹𝘀? 📊𝗧𝗼 𝗲𝗻𝘀𝘂𝗿𝗲: 𝗛𝗶𝗴𝗵-𝗾𝘂𝗮𝗹𝗶𝘁𝘆, 𝗗𝗶𝘃𝗲𝗿𝘀𝗲, 𝗮𝗻𝗱 𝗥𝗲𝗹𝗶𝗮𝗯𝗹𝗲 𝗗𝗮𝘁𝗮. 🧗♀️𝗖𝗵𝗮𝗹𝗹𝗲𝗻𝗴𝗲𝘀:- 🛑𝗗𝗮𝘁𝗮 𝗔𝗰𝗰𝗲𝘀𝘀𝗶𝗯𝗶𝗹𝗶𝘁𝘆 - Many organizations struggle to identify and unlock valuable data trapped in silos or legacy systems. 🛑𝗗𝗮𝘁𝗮 𝗤𝘂𝗮𝗹𝗶𝘁𝘆 - Incomplete, inconsistent, or biased datasets can lead to flawed models that fail to generalize effectively. 🛑𝗗𝗮𝘁𝗮 𝗟𝗮𝗯𝗲𝗹𝗶𝗻𝗴 - Supervised learning often requires extensive, accurately labeled datasets, which can be time-consuming and costly to produce. 🛑𝗗𝗮𝘁𝗮 𝗚𝗼𝘃𝗲𝗿𝗻𝗮𝗻𝗰𝗲 - Ensuring compliance with privacy regulations like GDPR, CCPA, CSRD, and DORA while maintaining ethical standards adds another layer of complexity. 🛑𝗗𝗼𝗺𝗮𝗶𝗻-𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗥𝗲𝗾𝘂𝗶𝗿𝗲𝗺𝗲𝗻𝘁𝘀 - Generic datasets are often insufficient for solving niche problems, necessitating specialized data that is harder to acquire. 🪂𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀:- 🟢Investing in data infrastructure to centralize and harmonize disparate data sources. 🟢Leveraging synthetic data to augment datasets where real-world data is scarce or sensitive. 🟢Establishing robust data governance frameworks to ensure ethical and legal compliance. 🟢Collaborating across teams to align data initiatives with business objectives. ⚙️𝗜𝗺𝗽𝗹𝗲𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻:- 🔵By joining Nuklai - https://lnkd.in/dbEqabvD #AI #ML #LLM #data #analytics #technology #engineering #innovation
To view or add a comment, sign in
-
🚧 Overcoming Obstacles: Challenges and Solutions in Data Governance for AI 🚧 Hello again, LinkedIn network! Navigating the complexities of data governance can be daunting, especially in environments enriched with AI technologies. Today, we discuss common challenges and share practical solutions to help you master data governance in the AI era. Common Challenges in Data Governance Complexity of Data Sources: With data coming from various sources, maintaining consistency and quality becomes challenging. Balancing Data Accessibility with Security: Ensuring data is accessible to those who need it while keeping it secure from unauthorized access. Compliance with Evolving Regulations: Staying compliant with data protection laws that continuously evolve can be demanding. Strategic Solutions 🔹 Unified Data Management Platform Solution: Implement a platform that integrates data from multiple sources and ensures quality and consistency. Benefit: Simplifies data handling and promotes a single source of truth. 🔹 Role-Based Access Control (RBAC) Solution: Define data access policies based on user roles and responsibilities. Benefit: Enhances data security while ensuring necessary data accessibility. 🔹 Continuous Compliance Monitoring Solution: Use automated tools to monitor compliance with data regulations continuously. Benefit: Reduces the risk of non-compliance and keeps up with regulatory changes. Implementing the Solutions Implementing these solutions requires a thoughtful approach tailored to your organization's specific needs. It involves not just technological upgrades but also aligning with strategic business goals and training staff to adhere to new protocols. 🔎 Your Experience? Have you encountered these challenges in your data governance efforts? What solutions have worked for you? Share your stories or questions in the comments! 👉 Stay tuned for our next post where we will explore best practices and tools for effective data governance. Follow me to continue enhancing your knowledge in this critical field! #DataGovernance #AI #DataSecurity #Compliance #BusinessIntelligence
To view or add a comment, sign in
-
Great post! Data governance is crucial in our AI-driven world. Transparency builds trust and avoids legal trouble. Investing in strong data management is key!
Data is king, but with great power comes great responsibility: How companies can win customer trust in the AI age. According to a recent study, 80% of consumers expressed concern about how their data is being used by companies. Personally Identifiable Information (PII) is the currency of today's AI age. From account statements to medical records, the information we share creates a detailed profile that extends far beyond what we perceive. But who owns this data, and how is it being used? This has created consumer outrage, demanding more transparency and control over their information, pushing for stricter regulations and holding companies accountable. The true hurdle for enterprises lies in achieving granular data observability and implementing effective data governance. Data breaches often occur because companies simply don't know what data they have, let alone where vulnerabilities might lie. Additionally, uncontrolled access to sensitive information increases the risk of human error or malicious intent. Here's where robust data governance comes in. Think of it as a set of guideposts within the data warehouse. These policies dictate how data is collected, stored, accessed, and ultimately disposed of. Data governance frameworks establish roles and responsibilities, ensuring only authorized personnel can interact with specific data sets. Furthermore, they mandate data usage tracking, creating a detailed audit trail that maps the journey of each data point from origin to utilization. This comprehensive approach empowers enterprises to comply with regulations but also builds trust with consumers. By demonstrating clear ownership and control over PI data, companies can reassure users that their data is handled responsibly and securely. In a world where data privacy is paramount, achieving data observability and implementing strong data governance is no longer a luxury – it's a strategic imperative for businesses seeking to navigate the ever-evolving regulatory landscape and foster long-term customer loyalty. We at Data Dynamics understand this need, and our unified data management software can help you achieve just that. Whether it’s data observability, root cause analysis, risk remediation, or establishing clear ownership and accountability, we empower your organization to navigate the complexities of data privacy with confidence. To know more about, check out https://lnkd.in/dkAMj55X #AI #Innovation #datamanagement #dataprivacy #dataownership
To view or add a comment, sign in
-
It's crucial for companies to prioritize data governance and transparency to build and maintain customer trust in the AI age. The emphasis on robust data management frameworks and clear ownership of PII is essential for navigating today's regulatory landscape.
Data is king, but with great power comes great responsibility: How companies can win customer trust in the AI age. According to a recent study, 80% of consumers expressed concern about how their data is being used by companies. Personally Identifiable Information (PII) is the currency of today's AI age. From account statements to medical records, the information we share creates a detailed profile that extends far beyond what we perceive. But who owns this data, and how is it being used? This has created consumer outrage, demanding more transparency and control over their information, pushing for stricter regulations and holding companies accountable. The true hurdle for enterprises lies in achieving granular data observability and implementing effective data governance. Data breaches often occur because companies simply don't know what data they have, let alone where vulnerabilities might lie. Additionally, uncontrolled access to sensitive information increases the risk of human error or malicious intent. Here's where robust data governance comes in. Think of it as a set of guideposts within the data warehouse. These policies dictate how data is collected, stored, accessed, and ultimately disposed of. Data governance frameworks establish roles and responsibilities, ensuring only authorized personnel can interact with specific data sets. Furthermore, they mandate data usage tracking, creating a detailed audit trail that maps the journey of each data point from origin to utilization. This comprehensive approach empowers enterprises to comply with regulations but also builds trust with consumers. By demonstrating clear ownership and control over PI data, companies can reassure users that their data is handled responsibly and securely. In a world where data privacy is paramount, achieving data observability and implementing strong data governance is no longer a luxury – it's a strategic imperative for businesses seeking to navigate the ever-evolving regulatory landscape and foster long-term customer loyalty. We at Data Dynamics understand this need, and our unified data management software can help you achieve just that. Whether it’s data observability, root cause analysis, risk remediation, or establishing clear ownership and accountability, we empower your organization to navigate the complexities of data privacy with confidence. To know more about, check out https://lnkd.in/dkAMj55X #AI #Innovation #datamanagement #dataprivacy #dataownership
To view or add a comment, sign in
-
Data Governance is the kale smoothie of the data world. Not always fun, but keeps your data systems healthy! Data governance becomes even more important now, as everyone is thinking about AI use cases. A successful AI integration needs a robust AI strategy – which in turn requires a rock-solid data strategy – for which you need a strong data foundation and governance for transparent, reliable, and accurate data. So, how do you get it right? Here are my top 5 tips for data governance in the AI era: 1️⃣ Get stakeholder buy-in by focusing on the problem statement. Don't bore your business team with technical mumbo-jumbo (they don’t care). Focus on the business problems you're solving and how data governance is the solution. 2️⃣ Define clear roles and responsibilities for data creators. Who's in charge of data quality? Who owns what data? Who's the gatekeeper? Make sure everyone sticks to the process. 3️⃣ Prioritize data quality. It is an ongoing long-term objective but critical for AI readiness. Fix errors and duplicates, detect anomalies, organize your data masters for easy exploration, and ensure your data is accurate and reliable. Trustworthy data creates trustworthy AI systems. 4️⃣ Stay compliant. Don't let regulations like GDPR or CCPA catch you off guard. Make sure your data practices are squeaky clean. 5️⃣ Invest in security control and keep your data safe! Protect your data like it's your most prized possession. Use encryption, access controls, and monitoring to keep it safe. Data nightmares in the absence of governance are too real – data silos, privacy breaches, bad reports, missed opportunities, non-compliance pitfalls... the list goes on. 😱 What are your top data governance challenges? Share your thoughts in the comments below, and let's brainstorm solutions together! #datagovernance #AI #dataprivacy #compliance #5X
To view or add a comment, sign in
-
Data is king, but with great power comes great responsibility: How companies can win customer trust in the AI age. According to a recent study, 80% of consumers expressed concern about how their data is being used by companies. Personally Identifiable Information (PII) is the currency of today's AI age. From account statements to medical records, the information we share creates a detailed profile that extends far beyond what we perceive. But who owns this data, and how is it being used? This has created consumer outrage, demanding more transparency and control over their information, pushing for stricter regulations and holding companies accountable. The true hurdle for enterprises lies in achieving granular data observability and implementing effective data governance. Data breaches often occur because companies simply don't know what data they have, let alone where vulnerabilities might lie. Additionally, uncontrolled access to sensitive information increases the risk of human error or malicious intent. Here's where robust data governance comes in. Think of it as a set of guideposts within the data warehouse. These policies dictate how data is collected, stored, accessed, and ultimately disposed of. Data governance frameworks establish roles and responsibilities, ensuring only authorized personnel can interact with specific data sets. Furthermore, they mandate data usage tracking, creating a detailed audit trail that maps the journey of each data point from origin to utilization. This comprehensive approach empowers enterprises to comply with regulations but also builds trust with consumers. By demonstrating clear ownership and control over PI data, companies can reassure users that their data is handled responsibly and securely. In a world where data privacy is paramount, achieving data observability and implementing strong data governance is no longer a luxury – it's a strategic imperative for businesses seeking to navigate the ever-evolving regulatory landscape and foster long-term customer loyalty. We at Data Dynamics understand this need, and our unified data management software can help you achieve just that. Whether it’s data observability, root cause analysis, risk remediation, or establishing clear ownership and accountability, we empower your organization to navigate the complexities of data privacy with confidence. To know more about, check out https://lnkd.in/dkAMj55X #AI #Innovation #datamanagement #dataprivacy #dataownership
To view or add a comment, sign in
-
➡ Fully Synthetic Data: Fully synthetic data is entirely generated by algorithms without direct reliance on real-world data. This type of data is created from models trained on real data but includes no real data points. Key Characteristics: 1. Privacy: No direct link to real-world individuals, ensuring privacy. 2. Versatility: Can be generated in large quantities to meet specific requirements. 3. Quality Control: The quality of fully synthetic data depends heavily on the underlying model's accuracy and robustness. Use Cases: 1. Training machine learning models when real data is sensitive or limited. 2. Testing software systems under scenarios that real data might not cover. 3. Creating datasets for benchmarking algorithms. ➡ Partially Synthetic Data Partially synthetic data, also known as hybrid synthetic data, combines real data with synthetic elements. This approach generates synthetic values for some parts of the dataset while retaining actual data points for other parts, maintaining a balance between data utility and privacy. Key Characteristics: 1. Combination of Real and Synthetic: Contains both real and synthetic elements. 2. Enhanced Privacy: Reduces the risk of re-identification by altering sensitive parts of the data. 3. Utility Retention: Maintains the utility of the original dataset by preserving key patterns and correlations. Use Cases: 1. Replacing sensitive attributes in a dataset to protect privacy while keeping non-sensitive data intact. 2. Augmenting real datasets with synthetic data to address class imbalances or to test specific conditions. 3. Sharing datasets for research or collaboration without exposing sensitive information. #syntheticdata #dataprivacy #datasecurity
To view or add a comment, sign in
-
In the digital age, data is more than just a resource—it's the very foundation upon which businesses build their strategies, develop their products, and connect with customers. However, with great data comes great responsibility. The ethical use of data stands as a testament to a company's integrity, trustworthiness, and commitment to its users. 🌍✨ ⠀ 🔍 Ethical Data Use: The Core of Trust ⠀ As companies harness the power of data analytics, the line between innovative use and invasive practices becomes increasingly thin. Ethical data use is not just about compliance with laws; it's about earning and maintaining the trust of customers by treating their information with the respect and security it deserves. 🌟 ⠀ 📜 Transparency and Consent ⠀ Transparency is the cornerstone of ethical data use. Companies must be clear about what data is collected, how it's used, and who it's shared with. Obtaining informed consent isn't just a legal requirement; it's a fundamental respect for user autonomy. 🚀 ⠀ 🔐 Data Security: A Non-Negotiable Priority ⠀ In an era where data breaches can erode trust overnight, investing in robust data security measures is non-negotiable. Protecting user data isn't just about safeguarding information; it's about preserving the very essence of your relationship with customers. 💡 ⠀ 🌱 Sustainability and Social Responsibility ⠀ Ethical data use also extends to how data practices impact society and the environment. From minimizing energy consumption in data centers to ensuring algorithms do not perpetuate bias, companies have a role in fostering sustainability and social responsibility. 🌿 ⠀ 🤝 A Partnership for the Future ⠀ As we navigate the complexities of data in the digital world, it's clear that ethical considerations are not just another box to tick—they're a vital part of building a sustainable, respectful, and trusted business. Companies that prioritize ethical data use are not just protecting their users; they're investing in their own future. 🌐💫 ⠀ In this journey towards ethical data use, let's remember that our actions today will shape the digital landscape of tomorrow. By upholding the highest standards of data ethics, we pave the way for a more secure, equitable, and trustworthy digital future. 🚀 ⠀ #bragonatech #qc #future #technologies #bragonatechnologies #bragonascalabby #software #Developmentinfo
To view or add a comment, sign in