All in Costs

Can Government Regulations Drive Improvements in Enterprise Data Governance?

Government regulators need to be sensitive to the costs of complying with and overseeing the regulations they impose on data management, as do the organizations that are regulated. Costs related to data oversight, quality control, standardization, security, and privacy all need to be considered in comparison with the quantitative and qualitative benefits that will be generated.
It may be that the greatest challenge facing private entrepreneurs in developing new and valuable information products and services based at least partially on public data will be public resistance to paying for information, no matter how new, innovative, or unique these producrts or services are.