Data management is the process of acquiring, validating, storing, protecting and processing data. Having an effective data management strategy is crucial for today’s organisations if they’re to move first and fastest. High quality data is a business enabler and getting it right can give you that all important competitive edge.
Why is data management important?
Data management highlights the importance of data as a resource. Data management should become part of every aspect of your data acquisition and storage. Effective data management is essential in order to ensure your organisation runs smoothly and you provide the best possible services to your customers.
When did data management become important?
"Data management" as an idea first came to light around 1980 when processing systems shifted from sequential to random or direct access. The rise of interactive devices and applications throughout the 90s helped to fuel the newly minted data management trend -- and business owners in the United States began to see the importance of managing data files at that time.