It is to practice of collecting keeping and using data securely efficiently and cost-effectively
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DATA MANAGEMENT
Data management refers to practice of collecting keeping and using data securely efficiently and cost effectively.
GETTING TO KNOW MORE ABOUT DATA MANAGEMENT:
* The purpose of data management is to assist individuals, organizations, and connected objects in optimizing data use within the constraints of policy and law so that they can make decisions and conduct actions that maximize the organization's profit.
* As firms increasingly rely on intangible assets to produce value, a strong data management strategy is more vital than ever.
* Today's businesses require a data management system that allows them to handle data efficiently across a heterogeneous yet unified data layer. Databases, data lakes and data warehouses, large data management systems, data analytics, and other data management systems are based on data management platforms.