Technology Governance
Technology Governance involves establishing frameworks, policies, and procedures to guide the strategic direction, decision-making, and oversight of technology resources within an organization. It ensures alignment with business objectives, risk management, and compliance.
Technology Goveranance
Technology governance is a key strategic theme for boards of directors in 2024
IDC predicts that worldwide spending on technology governance, risk, and compliance solutions will reach $40 billion by 2024, reflecting organizations' increasing focus on governance frameworks and tools to manage risks and ensure compliance.
60%
Organizations relying on digital governance frameworks to ensure accountability and trust in their data and AI intiatives
Gartner
84%
Organizations ranking data privacy as one of their top concerns in technology governance
KPMG
76%
Boards having dedicated technology committees, signalling increased board oversight for technology governance
National Association of Corporate Directors
72%
Organizations regarding employee training and awareness programs as essential components of technology governance
ISACA