What Is Data Management?

Data Management is a field that focuses on the management of a company’s information as a powerful tool for analysis and decision-making. It encompasses a variety of processes that ensure every piece of information is accessible when needed, and that it can be used to drive action.

Effective Data Management enables organizations to make use of data as his response a strategic asset regardless of the location within the enterprise, and with better visibility, reliability and security. It also enables capacity. It enables faster, more accurate and more trustworthy analytics that deliver competitive advantage.

Organizations are confronted with unprecedented amounts and types of data that offer valuable new insights into the nature of their business but only if data is properly managed and backed by trust. A poor data management strategy is expensive and can undermine the trust of people who rely on it.

Furthermore, the emergence of new sources of personal information has created a new set of challenges around compliance with consumer protection laws, such as GDPR and the California Consumer Privacy Act (CCPA). Data management processes help ensure that individuals remain aware of the collection of data, maintain the control over their personal data and can easily comply with the erasure requirements.

To manage your data, you need an entire team of experts with different skills and roles, ranging from data architects and stewards, to analysts and database developers. In larger organizations data engineers and quality specialists who are involved in pipelines for data analytics are often included in the team.

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