Integrate and Aggregate Your Data in the Age of GDPR
The IT world was rocked by the recent 1.3 billion dollar fine hitting Facebook’s parent company Meta. Their transmission of personal data from Europe to the US was a violation of the GDPR (General Data Protection Regulation) which culminated in a historic fine for Meta. The GDPR and other regulations create a conflict between those promoting data privacy rights and those who have a business need for integrating information across national borders. Can modern technology solve this data privacy regulations paradox?
This conflict is the unfortunate outcome inherent with disparate datasets universally used today. The conventional methods of data administration, governance, and management of disparate datasets are based on data movement, transformation, and consolidation into a single dataset. These conventional data methods force relinquishing ownership of the source data as it is copied to a single location for consolidation and cleansing that often needs to be across political borders.
It is clear a new approach is needed to meet new privacy laws while still drawing value from the data assets of an organization. Our innovative Data Compatibility Methods of data administration, governance, and management provide analytics-ready modular plug-and-play datasets. With Data Compatibility Methods, entire disparate datasets are standardized, in place, to form compatible datasets while retaining original ownership of all source datasets. There is no need for data movement across borders, data transformations, or data consolidation. Analytics-ready modular plug-and-play datasets are directly interoperable datasets that provide all the data functionality of conventional data administration but in a distributed form.
One of the primary drivers of the Meta lawsuit was the concern of USA intelligence agencies snooping around data flowing from Europe to the USA. This of course is a security concern with any nation moving data across any national boundary. However, if the data can be integrated and shared in place, then only those that are given access to the data can see that data. No longer would organizations need to worry about copies of data being outside of their control. The Meta fine is a strong message that privacy laws are here to stay and will be enforced. To continue to gain real value from data while avoiding these potential massive fines, Data Compatibility is the obvious choice.