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Amplifi Group LLC has joined EDM Council as its newest member

Amplifi Group LLC is an information management consultancy that helps the world’s leading brands, retailers, and manufacturers harness and unleash the power of their data.

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EDM Council welcomes Bank of Hope as its newest member

Bank of Hope is a financial institution that has been providing financial services to the largest Korean American community in the country for more than 40 years and is today one of the leading Asian American banks in the United States.

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EDM Council welcomes AMMB Holdings as its newest member

AMMB Holdings is one of the largest banking groups in Malaysia whose core businesses are retail banking, wholesale banking, Islamic banking, and life and general insurance.

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EDM Council welcomes Volvo Cars as its newest member

Volvo Cars is a Swedish multinational manufacturer of luxury vehicles headquartered in Torslanda, Gothenburg. The company manufactures SUVs, station wagons, and sedans. The company’s main marketing arguments are safety and its Swedish heritage and design.

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Ford Credit joins EDM Council as its newest member

Ford Credit is the financial services arm of Ford Motor Company, and is headquartered in Dearborn, Michigan. The predominant share of Ford Credit’s business consists of financing Ford and Lincoln vehicles and supporting Ford and Lincoln dealers.

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Fidelity Business Services India Ltd joins EDM Council as its newest member

Fidelity Business Services India Ltd is a financial firm. Fidelity India functions as a microcosm of all businesses in the U.S. market, providing strong support to the global business as well as its customers.

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EDM Council has released its 2023 Global Data Management Benchmark Report

EDM Council Benchmark Report Details Strategic Rise of Chief Data Officers 
Biennial study uncovers expanding role of the CDO and wider establishment of data management across industries worldwide

New York, NY, December 8, 2022 – EDM Council, the cross-industry trade association for data management, has released its 2023 Global Data Management Benchmark Report, indicating the importance of Chief Data Officers across industries and the growth of data management as a formal discipline within organizations.

The 2023 Benchmark Report’s data revealed the growing strategic significance of the Chief Data Officer role and the practice of data management, specifically that:

  • 65% of respondents stated their firm has formally appointed a Chief Data Officer or Chief Data Executive, up from 60% in 2020
  • 86% of finance industry CDOs now report to the C-Suite, increasing from 72% in 2020
  • 80% of Data Executives in non-financial markets report to the C-Suite, with 20% of those reporting directly to the CEO

“In my 30+ years as a data executive, the scope of responsibilities has expanded considerably, but especially so in the last few years,” said John Bottega, President, EDM Council. “This year’s Benchmark Report shows Data Executives, and the data management function as a whole, taking on a much greater strategic role as they help to define not only their firm’s data management vision but also their analytics, AI/ML, ESG and sustainability data direction.”

This fourth edition of the Benchmark Report saw a three-fold increase in overall participation, plus responses from more industries, with 58% of responses coming from non-financial companies, a 27% increase from the 2020 survey. The Benchmark studies use DCAM (Data Management Capability Assessment Model), which outlines best practices for data programs, as the framework to assess how the profession as a whole has progressed its data management program agenda.

Survey participants indicate that 80% have data governance programs in progress or already established. The Report also highlights the critical role of responsible, ethical management of the public’s data but the need for improvement, with only 62% of respondents indicating the establishment or progress of sustainable data analytic governance programs, although this has increased from 51% in 2020. The topic of data literacy as a crucial element of a strong data-driven culture is also represented in the analysis as a key factor of a firm’s overall success.

Download the Benchmark Report

About EDM Council
EDM Council is the global association created to elevate the practice of data management and analytics as a business and operational priority. The Council is the leading, global advocate for the development and implementation of data standards, best practices and comprehensive training and certification programs. With over 350 member global organizations from the Americas, EMEA and Asia, and over 15,000 data management professionals as members, EDM Council provides a venue for data professionals to interact, communicate, and collaborate on the challenges and advances in data management and analytics as critical organizational functions. For more, visit https://edmcouncil.org/.

General Mills, Inc. joins EDM Council as new member

General Mills, Inc. is an American multinational manufacturer and marketer of branded consumer foods sold through retail stores. Founded on the banks of the Mississippi River at Saint Anthony Falls in Minneapolis, the company originally gained fame for being a large flour miller.

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AWS Glue successfully assessed for all 14 controls in the EDM Council’s CDMC

AWS Glue has successfully completed an external assessment that confirms that its reference architecture provides comprehensive controls for protecting sensitive data in the cloud. AWS is the first cloud service provider to have completed an internal and external assessment of the CDMC controls framework. A leading data and strategy consulting organization (the firm) assessed the AWS Glue blueprint against the Enterprise Data Management (EDM) Council’s Cloud Data Management Capabilities (CDMC) framework.

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Sopra Steria joins EDM Council as its newest member

Sopra Steria Paris-based consulting, digital services, and software development company. Sopra Steria has a new consulting wing under the “Next” brand. It employs 3,400 consultants across Europe, including 1,900 in the group’s native France.

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