Data governance is an umbrella term that encapsulates the policies and practices implemented to securely manage the data assets within an organization. As one of the key tenets of any successful data governance practice, data security is likely to be top of mind at any large organization. Key to data security is the ability for data teams to have superior visibility and auditability of user data access patterns across their organization. Implementing an effective data governance solution helps companies protect their data from unauthorized access and ensures that they have rules in place to comply with regulatory requirements. [1]

Figure 1. Databricks adds data governance, marketplace features

Figure 1 shows the new marketplace, which will be available in the coming months, will allow enterprises to share data and analytics assets such as tables, files, machine learning models, notebooks and dashboards, the company said, adding that data doesn’t have to be moved or replicated from cloud storage for sharing purposes. [2]

Databricks marketplace lets users share, monetize data

Databricks said that the marketplace will make it easier for enterprises sharing data assets to monetize them. The new marketplace is akin to Snowflake's data marketplace in design and strategy, analysts said.

"Every major enterprise platform (including Snowflake) needs to have a viable application ecosystem to truly be a platform and Databricks is no exception. It is seeking to be a central market for data assets and should be seen as an immediate opportunity for ISVs and application developers who are seeking to build on top of Delta Lake," said Hyoun Park, chief analyst at Amalgam Insights.

Comparing Databricks' marketplace with that of Snowflake, Doug Henschen, principal analyst at Constellation Research, said that in its present form the Databricks Data Marketplace is very new and only addresses data sharing, both internally and externally unlike Snowflake that has added integrations and support for data monetization. [3]

References:

1. https://docs.gcp.databricks.com/security/data-governance.html
2. https://www.azalio.io/databricks-adds-data-governance-marketplace-features/
3. https://www.infoworld.com/article/3664939/databricks-adds-data-governance-marketplace-features.html

Cite this article:

Thanusri swetha J (2022), Databricks adds data governance, marketplace features, Anatechmaz, pp.47