Data management is a process that includes acquiring, validating, storing, protecting and processing of the required data to ensure they are easily accessible, reliable to the users in the right time. It is basically a perfect management of the information and data to secure and have a structured access.
There are different technologies and techniques available that a data management person should learn so as to understand the control of the data, understand the flow, utilisation of data and also deletion of data. Data management is implemented through a cohesive infrastructure of technological resources and a governing framework that define the administrative processes used throughout the life cycle of data.
Having a strong data management plan is very important for success of a company. There are many benefits about why a company needs to have a strict plan for managing the data, and few of them are, they help in productivity- with good management of data a company will be organised and productive, they help your company in saving you from a big drill in your pockets as they save you from unnecessary extra cost on unwanted data duplications, they make the company operation systematic which in-turn leads a company stand high in the competition.