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How to Solve Data Management
issues for both the Private and
Public Sectors
Paul Young CPA CGA
Senior Data and AI
Specialist
April 4, 2023
Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and
MS2)
• SME – ESG and Sustainability Reporting
• SME – Data Management
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: paul.young_cga@outlook.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Agenda
• What is Data Management
• Challenges with Data Management
• CFO and Data Management
• Master Data Management leaders
• What is Data Fabric
• CFO challenges with Data Fabric
• IBM solutions for data fabric
• Video on Data Fabric
• System of Record
• Data Management as part of Data and AI solutions
What is Data Management
4
2023 Challenges with Data Management
5
1. Challenge in Maintaining Consistency of Data
2. Security Data
3. Data democratization
CFO and Data Management
6
Master Data Management
7
What is Data Fabric
8
CFO Challenges with Data
Fabric
9
– Poor Data Quality
– Difficulties in accessing the data
– Data spread across multiple systems
– Too much data
– Different view of the data
– Data virtualization
Solutions
10
– Cloudpak for Data - https://dataplatform.cloud.ibm.com/docs/content/wsj/getting-started/use-case-
overview.html
– Cloudpak for data as a service - https://dataplatform.cloud.ibm.com/docs/content/wsj/getting-
started/overview-cpdaas.html
Data Fabric
11
Data Lakehouse
12
System of Record
13
– Key to working with both public and private sectors is understanding the system of record
Businesses use systems of record for maintaining important information. A system of record
may help a company operate more efficiently and avoid errors.
– Any system of record goes through additional audits from both internal and external audits.
– Here is my work on Internal Audit and Audit Analytics -
https://ibm.box.com/s/oxnm4cs1tqp3vio9oju1klw04k19bbq5
– Any data management solutions will need to have proper audit controls over the data
Data and AI
14
– Streamlining the regulatory filing process
– Business Analytics – https://www.slideshare.net/paulyoungcga/business-analytics-and-
audit-analyticspptx
– Data and AI - https://www.slideshare.net/paulyoungcga/leveraging-realtime-analytics-as-
part-of-driving-data-and-ai-to-improve-business-outcomespptx
– Reporting Challenges - https://www.slideshare.net/paulyoungcga/top-reporting-
challenges-facing-both-the-private-and-public-sectorpptx
Summary
15
– Securing and accessing data on a timely fashion to make business decisions will continue to be a
focus point for the public and private sectors
– Regulatory burden of net zero and other reporting challenges will continue to drive how best to
manage structure and unstructured data
– Solutions that can be easily deployed that secured data in affordable way will drive business
decisions by the public and private sectors
– Integration data science as part of working with data from different sources will drive intelligence
planning and forecasting
– More emphasis on how best to use AI as part of driving business income including storage,
securing, and ingestion
Any additional questions and/or concerns, then reached
out to following:
Paul.Young@ca.ibm.com

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How to Solve Data Management Isuses for both the Private and Public Sectors.pptx

  • 1. How to Solve Data Management issues for both the Private and Public Sectors Paul Young CPA CGA Senior Data and AI Specialist April 4, 2023
  • 2. Paul Young - Bio • CPA, CGA (1996) • Academia (PF1, FA4, FN2, MU1. and MS2) • SME – ESG and Sustainability Reporting • SME – Data Management • SME – Customer Success Management • SME – Risk Management • SME – Close, Consolidate and Reporting • SME – Public Policy • SME – Emerging Technology • SME – Business Process Change • SME – Financial Solutions • SME – Macro/Micro Indicators • SME – Supply Chain Management • SME – Data, AI, Security, and Platform • SME – Internal Controls and Auditing Contact information email: paul.young_cga@outlook.com LinkedIn: https://www.linkedin.com/in/paul-young-055632b/ SlideShare - https://www.slideshare.net/paulyoungcga
  • 3. Agenda • What is Data Management • Challenges with Data Management • CFO and Data Management • Master Data Management leaders • What is Data Fabric • CFO challenges with Data Fabric • IBM solutions for data fabric • Video on Data Fabric • System of Record • Data Management as part of Data and AI solutions
  • 4. What is Data Management 4
  • 5. 2023 Challenges with Data Management 5 1. Challenge in Maintaining Consistency of Data 2. Security Data 3. Data democratization
  • 6. CFO and Data Management 6
  • 8. What is Data Fabric 8
  • 9. CFO Challenges with Data Fabric 9 – Poor Data Quality – Difficulties in accessing the data – Data spread across multiple systems – Too much data – Different view of the data – Data virtualization
  • 10. Solutions 10 – Cloudpak for Data - https://dataplatform.cloud.ibm.com/docs/content/wsj/getting-started/use-case- overview.html – Cloudpak for data as a service - https://dataplatform.cloud.ibm.com/docs/content/wsj/getting- started/overview-cpdaas.html
  • 13. System of Record 13 – Key to working with both public and private sectors is understanding the system of record Businesses use systems of record for maintaining important information. A system of record may help a company operate more efficiently and avoid errors. – Any system of record goes through additional audits from both internal and external audits. – Here is my work on Internal Audit and Audit Analytics - https://ibm.box.com/s/oxnm4cs1tqp3vio9oju1klw04k19bbq5 – Any data management solutions will need to have proper audit controls over the data
  • 14. Data and AI 14 – Streamlining the regulatory filing process – Business Analytics – https://www.slideshare.net/paulyoungcga/business-analytics-and- audit-analyticspptx – Data and AI - https://www.slideshare.net/paulyoungcga/leveraging-realtime-analytics-as- part-of-driving-data-and-ai-to-improve-business-outcomespptx – Reporting Challenges - https://www.slideshare.net/paulyoungcga/top-reporting- challenges-facing-both-the-private-and-public-sectorpptx
  • 15. Summary 15 – Securing and accessing data on a timely fashion to make business decisions will continue to be a focus point for the public and private sectors – Regulatory burden of net zero and other reporting challenges will continue to drive how best to manage structure and unstructured data – Solutions that can be easily deployed that secured data in affordable way will drive business decisions by the public and private sectors – Integration data science as part of working with data from different sources will drive intelligence planning and forecasting – More emphasis on how best to use AI as part of driving business income including storage, securing, and ingestion
  • 16. Any additional questions and/or concerns, then reached out to following: Paul.Young@ca.ibm.com

Hinweis der Redaktion

  1. Source - https://www.techtarget.com/searchdatamanagement/definition/data-management
  2. Source - https://enterprisetalk.com/featured/data-management-challenges-that-ctos-need-to-be-aware-of-in-2023/
  3. Source - https://www.pymnts.com/data/2022/cfos-see-data-driven-decision-making-at-center-of-2023-action/
  4. Source - https://www.g2.com/categories/master-data-management-mdm
  5. Source - https://www.netapp.com/data-fabric/what-is-data-fabric/
  6. Source - https://www.houseofcontrol.com/blog/data-analytics-the-biggest-challenges-for-cfos-and-how-to-solve-them
  7. https://www.indeed.com/career-advice/career-development/system-of-record or https://www.thebalancemoney.com/business-record-keeping-system-397850