Data Management is a field which deals with the management of a company's information as a valuable tool for analysis and decision-making. It encompasses a variety of processes that guarantee all information is available when needed, and that it can trigger actions.

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

Data is an asset for companies but only if it is properly managed and trusted. Data management that is not well-organized can be costly and could undermine the trust of those who depend on it.

The proliferation of personal data sources has resulted in a new set challenges to comply with consumer https://vdronlineblog.com protection laws like the GDPR and California Consumer Privacy Act. Data management processes can help to ensure that users are informed at the point of the collection of data, that they retain control over their own data and that the systems are able to meet erasure and transferability requirements.

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