Description: Minimum Viable Data (MVD) refers to the smallest amount of data necessary to meet specific business requirements of an organization. This concept is fundamental in data governance as it allows companies to optimize data collection and usage, avoiding information overload and ensuring that only essential data is handled. The implementation of MVD helps organizations become more efficient, reducing costs and improving data quality by focusing on what truly matters. Additionally, it promotes agility in decision-making by facilitating access to critical information without the need to process large volumes of unnecessary data. In an environment where data privacy and security are increasingly relevant, MVD also helps minimize the risk of exposing sensitive data, aligning with data protection regulations. In summary, Minimum Viable Data is a key strategy in data governance that enables organizations to effectively manage their information resources, ensuring that only the necessary data is used to achieve their business objectives.
