Data management solutions
Data management solutions let you unleash the real value of your data by generating insights and driving data led decisions.
Why is data management important?
Data management is the processes, policies, and practices that organisations use to acquire, store, manage, and utilise data. Essentially, it’s about ensuring that data is accurate, accessible, secure, and valuable.
Data is an extremely valuable asset to all organisations and holds insights that can drive informed decision-making, improve operational efficiency, and enhance user’s experiences. However, without proper management in place, your data can quickly become invaluable and cause your organisation problems.
Data management also plays an important role in regulatory compliance and risk management. With data protection laws such as GDPR and CCPA, organisations must ensure that they’re handling their data responsibly and meeting strict guidelines.
The main factors of data management
For your organisation to build a data management strategy that’ll generate quality insights and data-driven decision making, there’s four factors that you must consider – data integration, data quality, data governance, and master data management.
Data integration:
this is the process of combining data from disparate sources into a unified view, allowing for seamless access and analysis. By breaking down your data silos and housing data into a single home, you’ll gain a comprehensive understanding of your operations and organisation as a whole
Data quality:
ensuring your data is at a high quality will ultimately determine the impact of your outcomes. Having a high quality of data refers to its accuracy, completeness, consistency, and reliability, and poor data quality lead to costly errors, misinformed decisions, and damaged reputations
Data governance:
the governance of your organisation’s data is vitally important to ensuring you remain compliant with data laws and protocols. It involves establishing clear roles and responsibilities, defining data standards, and enforcing compliance with regulations and policies
Master data management (MDM):
the management of critical data assets, like customer information, product data, and financial records, MDM can eliminate redundancies and improve data consistency by establishing a single, authoritative sources of truth
Cloud data management solutions
A cloud data management solution will remove data silos, simplify your operations, and ensure you’re maximising your data’s value, all from a singular point of view. If you’re organisation is currently utilising a cloud or hybrid cloud environment, cloud data management is an attractive solution and offers the following benefits:
- Limitless scalability: as your organisation’s needs change, so can your cloud data management solution
- Reduced operational costs: by moving your data into a cloud environment, you’ll remove the costs typically associated with an on-premises system
- Improved agility: as cloud data management solutions typically manage and automate aspects of your data, you’ll free up time to focus on more strategic goals
Adopting a cloud data management solution will also enable you to focus on optimising the quality of your data, rather than managing your infrastructure.
Cloud data management with Microsoft Azure
Microsoft Azure offers a wide range of services and tools that enable organisations to leverage the benefits of cloud computing for effective data collection and processing. Within the Azure ecosystem, there are different components specifically designed for storing data, such as databases and data warehouses, as well as tools for processing data, like virtual machines. This setup enables organisations to create well-designed, reliable, and flexible data management solutions.
On-premises data management solutions
While cloud data management solutions offer a host of benefits, storing your data on-premises may be a better solution for you. An on-premises data system involves deploying and managing a data infrastructure within your organisation’s own data centre and allows for custom configurations, strict security measures, and compliance with internal policies.
Ensure you’re getting the best outcomes from your data and providing a quality user experience for your employees, by adopting powerful and reliable hardware and software systems to replace any out-dated infrastructure.
Case study
The Francis Crick Institute
The Francis Crick Institute was looking for a modern management platform to improve the accessibility of reports and data across the whole organisation. Discover how they implemented Power Platform and Power Apps to enhance how they communicate and share data between departments.
Ensuring secure data management
Integrating security measures such as data protection, data backup, and disaster recovery are vitally important steps in building your data management strategy. As the threat of cyber attacks constantly evolves, in addition to the possibility of human errors, outages, and natural disasters, having protection and backup strategies in place will maintain the quality of your data, as well as keeping you in line with data protection laws.
Data management solutions FAQs
Data management involves the organisation, storage, retrieval, and protection of data throughout its lifecycle. It ensures that your data remains at a high quality and is secure in the event of a breach or human error.
Data governance is the framework of policies, procedures, and controls that ensures data is managed effectively and responsibly. By establishing standards and guidelines, data governance ensures the compliance and integrity of data across an organisation.
The quality of your data is based on its accuracy, consistency, and reliability. High-quality data is free from errors, duplicates, and inconsistencies. Maintaining a high standard of data quality is important if you’re going to use it to drive your decision-making process.
A centralised software solution that collects, organises, and analyses data from various sources. It provides you with tools for data integration, storage, governance, and analysis and gives you a platform to manage your data effectively.
Talk to our Data Specialists today
Arrange a free chat with one of our Data Specialists today to discuss how your organisation is currently managing its data and what’s required for you to get the most value from it.
You can also email us at [email protected] or call 01904 562200 – whatever works best for you.