What Is Data Management?

Data Management is the discipline that manages the handling of an organization’s data as a valuable resource for analysis and decision making. It encompasses a wide range of processes that ensures that all data is accessible at any time and can be relied on to drive the actions.

Effective Data Management allows organizations to make their data an asset of strategic importance, regardless of its location within the enterprise. It provides improved security, reliability and visibility and also allows for scaling. It allows for faster, more precise, and more reliable analytics that provide competitive advantage.

Companies are dealing with massive quantities and varieties of data that can provide important new insights into the business’s performance but only if the data is managed and trusted. Data management that is not well-organized can be costly and could undermine the trust of those who rely on it.

The explosion of personal data sources has also created a new set of challenges to comply with consumer protection legislation like the GDPR or California Consumer Privacy Act. Data management procedures can help to ensure that users are notified at the time of the collection of data and that they maintain control over their personal data and that systems are able to comply with erasure www.vdronlineblog.com/business-performance-reports-creating-via-vdr/ and portability requirements.

Data management requires a team with specific skills and responsibilities. They vary from data architects, analysts and database developers to data stewards. In larger organizations the team is often comprised of quality and data engineers who are working on data pipelines to aid business analytics.