Data Management is the discipline that deals with the handling of data within an organization as an invaluable resource for analysis and decision-making. It encompasses a wide range of procedures that ensure all information is available at any time, and that it can be used to drive the actions.
Effective Data Management enables organizations to make use of data as a strategic asset regardless of where it resides in the enterprise, with better visibility, reliability and security, as well as capacity. It helps speed up, more accurate and reliable analytics that give companies an advantage.
Organizations are dealing with unprecedented volumes and varieties of data that offer invaluable new insights into dynamics of their business however only if the data is managed and trusted. A poor data management strategy is costly and undermines the trust of those who depend on it.
The increase in personal data sources has brought about a new set of problems for compliance with see this consumer protection laws like the GDPR or California Consumer Privacy Act. Data management processes help ensure that people are kept informed at the time of the collection of data, maintain control over their data and can easily comply with the requirements of erasure.
Managing your data requires the help of a team of experts who have distinct expertise and roles that range from data architects and stewards, to analysts and developers of databases. In larger companies data engineers and quality specialists who handle pipelines of data for business analytics are often part of the team.
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