Addressing the Data Governance Challenges of the Internet of Things

Data Governance pic
Data Governance
Image: dataversity.net

Timothy Valihora draws on over two decades of experience in data governance, data warehousing, data conversions, and additional business IT solutions in his role as president of TVMG consulting. Timothy Valihora possesses an extensive knowledge of the full IBM InfoSphere product suite, and he has developed and implemented big data solutions for major firms including Wal-Mart, Merck, Vanguard and Southern California Edison.

The rapidly expanding internet of things (IoT) has had a significant impact on the data governance sector. As more and more sensor-embedded products, ranging from smart cars to remote health monitoring devices, generate and transmit a larger volume of data, companies face a greater challenge in making this data both accessible and secure.

Many companies have sought to solve the logistical and compliance solutions associated with IoT data management by implementing a subscription fee for IoT data access. However, this expense can often dissuade customers from purchasing IoT products or prompt them to drop the service after an introductory free trial period.

Companies such as microshare.io have begun to provide potential solutions to IoT data governance roadblocks. By providing a scalable platform for IoT data management, microshare is allowing firms to exercise customizable control over their information, sell it to outside parties, and in turn provide it to customers for free. Services such as microshare’s could have a significant impact on the future of both IoT and data governance, as they allow firms to balance information privacy, security, and legal compliance with a level of accessibility that respects the vast potential of the IoT.