Data management encompasses most aspects of controlling data being a valuable tool. It includes developing procedures to accumulate, collect, store, transform and safeguard data — all together with the goal of delivering high-quality business outcomes which might be trusted.
The thought of managing info as a aid dates back towards the first blooming of information technology, when IT professionals recognized that computers reached incorrect data when they had been fed inaccurate or inferior data. After a while, mainframe-based hierarchical sources helped to formalize the data supervision, which is now deemed an important element of a firm’s overall THIS infrastructure.
A number of criteria may be used to measure info quality, with regards to the industry by which an organization operates and the part that info plays in its goals. A few examples include completeness, consistency and uniqueness. Completeness measures whether all needed values are available — for example , if your team needs a customer’s last name to make sure sending is addressed correctly, the repository must consist of that item of data. Consistency ensures that data values continue to be the same as that they move among applications and networks, while uniqueness guaruntees duplicate info items are not really stored 2 times in different places.
Companies that excel at data management experience a well-defined set of info processes that help them identify, analyze and interpret business problems and opportunities in a timely vogue – to enable them to take action quickly and confidently. In addition to improving go right here decision-making, data management can easily reduce risk and help organizations meet regulating requirements.