erwin Doubles Down on Data Governance 2.0
MELVILLE, N.Y., Jan. 12, 2018 — Nearly two years after becoming a standalone company, erwin, Inc., today announced its evolution to “the data governance company,” based on its expertise and the centering of its technology platform around data governance. As part of this focus, the company has acquired A&P Consulting, a technology and consulting services firm based in Rome, Italy. A&P gives erwin a powerful technology for harvesting operational data, now called erwin Collector, and a suite of high-impact corporate and data governance consulting services.
“For more than 30 years, erwin Data Modeler (DM) has been the first choice of CDOs, CIOs, data architects and other IT professionals. During the past 20 months, we have steadily and strategically transformed our anchor data modeling technology into the ultimate data governance platform,” said Adam Famularo, CEO of erwin. “With three acquisitions and significant investment in R&D, we’ve integrated our data governance, enterprise architecture, business process and data modeling capabilities to deliver the erwin EDGE, a platform delivering on the promise of Data Governance 2.0.”
The erwin EDGE platform creates an “enterprise data governance experience” for data-driven insights, agile innovation, regulatory compliance and business transformation. It delivers on the Data Governance 2.0 imperative by enabling organizations to discover, understand, govern and socialize their data assets – regardless of format or location – for greater visibility, control and value across the enterprise. It serves as the foundation for using data not only to mitigate risk in terms of data exposures but also to accomplish other organizational objectives, including boosting topline revenue.
According to Forrester’s Henry Peyret in a blog entitled Another Serious Player Is Entering the Data Governance 2.0 Market, “erwin Data Governance (DG) is promising in connecting data modeling, enterprise architecture and business process information within a unified metamodel to deliver on the new Data Governance 2.0 expectations that enterprise customers are looking for: less driven to support compliance only, more agile while involving and supporting more stakeholders, and more efficient in delivering the right business outcomes by finding the best compromise between ‘opposite’ constraints and regulations.”
With the addition of erwin Collector through its latest acquisition, the company now provides automated harvesting and transformation of operational data from a variety of enterprise systems, including ServiceNow, RSA Archer and any source with a RESTful API. erwin Collector aggregates data from these systems and delivers it in a variety of formats to the erwin DG solution for integration into the data dictionary. By automating complex data aggregation, in both real time or via scheduled updates, erwin Collector ensures that erwin DG is robust, relevant and up-to-date.
Readiness is key to Data Governance 2.0, so the acquisition of A&P Consulting not only gives erwin a product with great time-to-value but also an expert services arm. For more than 15 years, A&P Consulting has advised some of Italy’s most prestigious energy, financial services, infrastructure, retail and telecom brands in addition to government agencies.
“We believe Data Governance 1.0 has failed because it forced IT to serve as data custodians, cataloging data elements without insight into its relevance or relationships. In this framework, the cost of controlling data risk is needlessly excessive and opportunities to enhance business agility are lost,” continued Famularo. “Data Governance 2.0 was conceived with the vision that everyone within the enterprise has a stake in data governance. Therefore, all stakeholders must be empowered to act as data citizens, directly involved in defining the terms, rules and policies that govern data use. Supplemented with the appropriate tools, they will collectively justify, execute and sustain data governance initiatives that deliver a return on investment and a return on opportunity for the enterprise.”
The erwin EDGE platform provides:
- Support for any data, anywhere (Any2) enabling relational, unstructured, on-premise and cloud-based data assets to be coupled with well-documented business rules to ensure standards are followed
- Collaboration and organizational empowerment so both business and IT users have consistent, persona-based views of data relevant to their roles to build trust, ensure alignment and enhance decision-making
- An integrated ecosystem and visibility across domains to improve the enterprise’s facility with data across Data Governance 2.0
- Regulatory peace of mind through compliance with government regulations (GDPR, HIPPA, FINRA) and cybersecurity measures, also protecting customer trust and preventing reputational damage
- Data impact analysis because of seamless, out-of-the-box integration of DG, EA, BP and DM showing all places where specific data resides to determine how changes will impact people, processes and systems before they are implemented
About erwin, Inc.
erwin, Inc. provides the only unified software platform combining data governance, enterprise architecture, business process and data modeling. Delivered as a SaaS solution, these technologies work together to unlock data as a strategic asset so all enterprise stakeholders can discover, understand, govern and socialize data to mitigate risk, improve organizational performance and accelerate growth. For more than 30 years, erwin has been the most trusted name in data modeling and its software foundational to mission-critical data programs in government agencies, leading financial institutions, retailers and healthcare companies around the world. Learn more at www.erwin.com.
Source: erwin, Inc.