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7 Data Management Compliance Predictions from 5 Experts for 2020

7 Data Management Compliance Predictions from 5 Experts for 2020

7 Data Management Compliance Predictions from 5 Experts for 2020

We polled 5 experts and received 7 data management compliance predictions for 2020.

As part of the first annual Solutions Review #BIInsightJam, we called for the industry’s best and brightest to share their data management compliance predictions for 2020. The experts featured here represent the top data management solution providers with experience in this niche. Data management compliance predictions have been vetted for relevance and ability to add business value as well. These are the 7 best predictions from the dozens we received. We believe these are actionable and may impact a number of verticals, regions and organization sizes.

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Peter Duthie, co-CEO and Chief Architect at Ground Labs

Peter DuthieCCPA will be under a microscope

“The California Consumer Privacy Act (CCPA), set to become effective next January 1, will raise a new standard for consumer privacy rights at the U.S. state level. Falling in line with the privacy laws of Massachusetts, Vermont, Ohio and others, state and local governments will closely monitor the business impact privacy regulations like CCPA have on their local economies. They’ll want to understand whether or not organizations will continue to do business in the states with harsher privacy laws or if they look elsewhere to avoid costly fines. To combat this internally,  CISOs and those whose role it is to handle security and compliance will look for tools and solutions to help them achieve compliance standards and regulations.” 

GDPR and Brexit: Continued chaos

“Currently, the GDPR states that personal data can only be transferred out of the European Economic Area to countries with an adequate level of protection. What will the position be for EU companies needing to transfer personal data to the UK? And what about transfers of data from the UK to the USA post-Brexit?  Will the UK have to negotiate its own arrangements with the US? Will it attempt to piggyback on the Privacy Shield arrangements that the US has with the EU? Businesses will be looking to the UK government and the Information Commissioner to clarify such questions because without the effective free flow of personal data, there will be a detrimental effect on the economy of the UK. We can expect to see some answers to these questions in 2020. In the meantime, businesses will need to be on their toes and ready to adapt to new changes quickly as the election and Brexit’s timeline is still in flux.” 

Dave Brunswick, VP of Solutions, North America at Cleo

Dave BrunswickIn addition to CCPA, we can expect a host of other regulations coming down the track in 2020 and beyond

Unless there is consistency of approach between states, it will become more difficult for companies to comply with all the different policies out there. If regulation is too restrictive and variable across state boundaries, it could create a significant barrier for expanding businesses. On the flip side, if regulation is too loose and doesn’t have real teeth when organizations don’t comply, then there is little point in implementing it since it will not materially affect behavior. The challenge for states is to plot a course through the middle.”

Piet Loubser, VP of Product Marketing at DataRobot

Piet LoubserEmergent governance

“With the proliferation of self-service and Mode 2 platforms, data governance as a command and control mandate is under threat. At the same time, regulations around customer privacy concerns are expanding and cybersecurity threats continue unabated. Increasingly self-service platforms will be required to provide collaborative data governance capabilities, powered by intelligent and automated recommendations to guide business consumers towards the right data governance compliant behaviors. For instance, platforms will increasingly be required to identify data automatically and derive the appropriate or allowed behaviors.”

Tomer Shiran, CEO of Dremio

Tomer ShiranCloud data warehouses turn out to be a big data detour

“Given the tremendous cost and complexity associated with traditional on-premise data warehouses, it wasn’t surprising that a new generation of cloud-native enterprise data warehouse emerged. But savvy enterprises have figured out that cloud data warehouses are just a better implementation of a legacy architecture, and so they’re avoiding the detour and moving directly to a next-generation architecture built around cloud data lakes. In this new architecture data doesn’t get moved or copied, there is no data warehouse, and no associated ETL, cubes, or other workarounds. We predict 75 percent of the global 2000 will be in production or in pilot with a cloud data lake in 2020, using multiple best-of breed engines for different use cases across data science, data pipelines, BI, and interactive/ad-hoc analysis.”

Amandeep Khurana, President and CTO at Okera

Amandeep KhuranaConcerns around privacy and data security are intensifying

“In 2020, we will almost certainly see more and potentially larger fines related to privacy regulations such as GDPR and CCPA, which will force nearly every enterprise to reassess its governance and security strategy to avoid the costs and potential brand damage of non-compliance or a major data breach.”

Data Discovery will be a key area of technology investment for enterprises

“The first thing most data infrastructure and privacy teams are going to invest in solving for privacy regulatory compliance will be tools to discover where sensitive data lies in the enterprise. We’re going to see a broader interest in data discovery solutions that can detect sensitive data so that it can be protected and governed.”

MORE: Five Can’t-Miss Analytics and Business Intelligence Trends for 2020

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