Data Management
Data Management is the systematic practice of handling data as a vital organizational resource. This process involves the acquisition, validation, storage, protection, and processing of data to ensure its accessibility, reliability, and timeliness for its users. By implementing robust data management strategies, organizations can effectively analyze and leverage data to gain insights, drive decision-making, and enhance operational efficiency. It encompasses various activities, including data governance, data quality management, data integration, and data security. Proper data management ensures that data is accurate, consistent, and utilized to its full potential, thereby transforming raw data into valuable information that supports the organization’s strategic goals and competitive advantage.