What Is Data Management?

Data Management is a subject that focuses on the management of an organization’s information as a tool of analysis and decision-making. It encompasses a variety of processes to ensure that all data is accessible whenever needed and can be relied upon to guide decisions.

Effective Data Management enables organizations to make use of data as a strategic asset, regardless of the location in the enterprise, with improved visibility, reliability and security. It also enables capacity. It lets faster, more precise and more reliable analytics that can give you a competitive advantages.

Data is an asset for organizations but only if it’s handled and trusted. A poor data management strategy is expensive and can undermine the trust of those who depend on it.

In addition, the proliferation of new data sources for personal information has brought about a whole new set of issues related to compliance with consumer protection laws such as GDPR and the California Consumer Privacy Act (CCPA). Data management processes help ensure that individuals remain informed during data collection, retain control over their information and can easily comply with the erasure requirements.

The management of your data requires a team of specialists with different roles and skills including data architects and stewards, to analysts and database developers. In larger organizations it is common for the team to include quality engineers and data engineers who are working on data pipelines to aid business analytics.

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