Data Management is One of the Top Technology Trends to Watch in 2018
If you’re in the field of marketing, sales, IT, or any other business function, you need to have access trustworthy, clean data for your decisions. This is where data management comes into play -and that’s the reason it’s one of the top tech trends to be watching in the year of 2018.
Data management is the area that encompasses all disciplines relating to treating data as a valuable asset and guaranteeing its accuracy and reliability. That includes everything from data design to the implementation of analytics and data systems, to managing the storage lifecycle of your enterprise’s information.
A successful strategy for managing data includes six essential, or core attributes:
Accuracy – The data should reflect actual, real-world objects and events, and be verifiable using trusted sources.
Completeness — The data must contain all mandatory information such as sending an email to a customer with only their last name.
Consistency — the data must remain consistent across all data sets and remain the same even https://www.reproworthy.com/technology/the-secrets-of-best-vpn-for-mac-revealed/ when it is changed or reorganized.
Accessibility — the information must be accessible to those who need it without compromising compliance requirements.
A data management program is only efficient when all departments and business units are on board. This is especially crucial since faulty data could have a costly impact on your company. IBM found that poor data handling costs the U.S. economy $3.1 trillion per year in lost productivity and the costs associated with maintaining data.
