What Is Data Management?

Data Management is the field that handles the handling of data within an organization as a valuable source of analysis and decision making. It encompasses a range of processes that guarantee that all data is accessible at any time and can be relied on to drive decisions.

Effective Data Management enables organizations to use data as a strategic asset, regardless of why not find out more where it is in the enterprise, with better visibility, reliability, security and capacity. It allows for faster, more accurate, and more reliable analytics that give competitive advantage.

Data is a valuable asset for companies but only if it is properly managed and trusted. A poor data management strategy is costly and erodes the trust of those who rely on it.

Additionally, the proliferation of new sources of personal information has brought about a whole new set of challenges around compliance with consumer protection laws like GDPR and the California Consumer Privacy Act (CCPA). Data management procedures can help to ensure that people are aware at the time of data collection and that they maintain control over their own personal data and that the systems can easily meet erasure and portability requirements.

Data management requires a team of specialization and roles. These vary from data architects, analysts and database developers to data stewards. In larger organizations the team typically includes data engineers and quality professionals who are working on data pipelines to aid business analytics.