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Data Management Essay

632 words - 3 pages

Data Management
Data management is the development, execution and supervision of plans, policies, programs and practices that control, protect, deliver and enhance the value of data and information assets
Primary data management functions include:
1. Data Governance Data
2. Data Architecture Management
3. Data Development
4. Database Operations Management
5. Data Security Management
6. Reference & Master Data Management
7. Data Warehousing & Business Intelligence Management
8. Document & Content Management
9. Meta Data Management
10. Data Quality Management
Data Management: A Unified Approach
Effective , unified Data Management Strategies depends on IT and Business ...view middle of the document...

It’s this combination of tools, processes and practices that leads to a data-enabled organization that clearly understands which issues are most important to the business, what the objectives and drivers are, and which data is required for real-time decision making that provides value and returns.
THE DATA-DRIVEN COMPANY
To achieve important business goals, enterprises are turning to data management solutions. Enterprises that deploy effective data management solutions can successfully support the operational and analytical systems that drive the business and help
• Significantly reduce costs
• Increase operational efficiencies
• Improve existing business processes
• Improve decision making
• Increase IT alignment with the business
CHALLENGES TO MAKING THE MOST OF DATA
While the reasons for developing a unified data management strategy are clear, achieving this goal can be complicated.
Challenges in developing a unified Data management strategy include the following
• Complex and numerous data sources
• Lack of an enterprise wide unified view of data
• No formal data governance guidelines in place
•...

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