Data Management includes set of policies, programs, and practices that gives you control, protection and enhance the value of your data and information. The Ultimate Target of Data Management is to Extract the Meaningful Insight of Data to help Organization to make their Decisions further Smart.
Further Elaboration
As per DMBoK, “Data Management is the development, execution, and supervision of plans, policies, programs, and practices that deliver, control, protect, and enhance the value of data and information assets throughout their lifecycle.“
Oracle Says, “Data management is the practice of collecting, keeping, and using data securely, efficiently, and cost-effectively. The goal of data management is to help people, organizations, and connected things optimize the use of data within the bounds of policy and regulation so that they can make decisions and take actions that maximize the benefit to the organization. A robust data management strategy is becoming more important than ever as organizations increasingly rely on intangible assets to create value.“
