Data Management is One of the Top Technology Trends to Watch in 2018

17 Oct Data Management is One of the Top Technology Trends to Watch in 2018

You require reliable, clean information to make the right choices whether you’re in marketing, sales IT, sales, or any other business function. This is where data management comes in -and that’s why it’s one of the most important tech trends to be watching in 2018.

Data management is the area that covers all disciplines related to treating data as a valuable asset and making sure that it avast vs malwarebytes pro is accurate and reliable. This covers everything from data management to managing your business’s data storage lifecycle.

A sound data management strategy includes six primary attributes or the six core attributes:

Accuracy — the data should reflect real-time objects and events, and be verifiable by using trusted sources.

Completeness — the information must contain all the mandatory information for a particular use case for example, such as sending a letter to a customer using only their last name.

Consistency: the data should be identical across all data sets and stay that way when updated or organized.

Accessibility – the data can be easily retrieved by those who require it, without compromising the quality of compliance.

A data management plan can only be successful if it is supported by all departments and areas of business. This is particularly important because the impact of faulty data can be expensive for your company. For example an IBM study estimated that poor data management costs the U.S economy $3.1 trillion each year in lost productivity and costs associated with maintaining data.