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What Is Data Management?

Data Management is a field of study that focuses on the management of a company’s information as a powerful tool for analysis and decision-making. It encompasses a wide range of processes which ensure that all information can be accessed whenever needed, and that it can trigger decisions.

Effective Data Management allows organizations to make their data a strategic resource, regardless of its location within the company. It gives better visibility, reliability and security and also allows for the possibility of scaling. It facilitates faster more precise, more precise and more reliable analytics that give companies an advantage.

Organizations are confronted with unprecedented quantities and varieties of data that could provide valuable new insights into the operations of their businesses but only if the data is supervised and trusted. Data management that is not well-organized can be costly and undermine the confidence of those who depend on the data.

The increasing number of personal data sources has created a new set of challenges for compliance with consumer protection legislation like the GDPR and California Consumer Privacy Act. Data management processes can assist to ensure that users are informed at the point of the collection of data and that they maintain control over their own personal data and that the systems can easily be able to meet erasure or portability requirements.

Data management requires a team with specialization and roles. They include data architects, database developers and analysts to data stewards. In larger companies the team is often comprised of data engineers and quality professionals who are working on data pipelines to aid business analytics.

April 17, 2024

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