EDITOR’S COMMENT
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ata is one of the most important assets of an organisation
and its effective management and usage is key to keeping
its competitive advantage. Data management is critical to
any organisation that collects, stores and manages data and can
increase revenue by using this data to optimise business processes
and reduce inefficiencies. Companies generate massive volumes of
structured and unstructured data every day and data management
is the first step towards controlling this data and exploiting it to gain
useful insights that could help the business. Sorting out the relevant
data from the duplicates, dark data and redundant data, adds to
the complexities of data management. Hence, it is important for
organisations to put policies and processes in place so that they can
get best insights into their business and use it effectively to achieve
the organisation’s business objectives.
For data to be managed effectively and efficiently, the company
needs to align it with their business strategy and define what data is
needed to move forward. The master data provides a single version
of the organisation’s most important data, thus helping the business
reduce errors from relying on different versions of data. This ensures
that applications built on the master data are more likely to be
accurate and effective.
Businesses should think carefully on their data collection
procedures and documentation before they start the data collection
process. They need to use data templates to ensure only relevant and
usable data is collected. This data should also be checked for quality
and consistency with problem areas flagged. All data collected should
be documented and have metadata tags to describe its context and
enable users to search and use the data.
Data management also offers businesses improved security
measures and compliance as they have greater transparency of their
business processes and data, which allows them to delete or secure
data as required. By monitoring this data, they are able to find any
irregularities that require further investigation.
Data management helps the organisation gain valuable insights
from the data to customise and personalise services, thus enhancing
INTELLIGENT TECH CHANNELS
Issue 22
EFFICIENT DATA
MANAGEMENT
FOR OUTSTANDING
PERFORMANCE
PAUL POTGIETER MANAGING DIRECTOR – UAE DIMENSION DATA
customer experience and loyalty. Effective
data management can help reduce storage
costs as companies can discard data that is
not necessary and also save time on analysis.
Through the use of leading enterprise
applications with global vendors, as well as
other best-of-breed products, Dimension
Data can help businesses enable the
digitisation of their business processes and
the management of that data. Effective
management of its data is key to an
organisation’s survival.
For data to be
managed effectively
and efficiently, the
company needs to align
it with their business
strategy and define
what data is needed to
move forward.
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