Data management tools ensure that employees have access to the right information at the right time, allowing them to perform their jobs more efficiently and faster. A strong data management process can protect businesses from unauthorized users and ensure that they comply with the regulations like consumer protection laws.
A well-planned approach to data management can save companies money by ensuring that assets such as data and analytics are protected and available whenever needed. This is especially crucial for companies that have huge amounts of data or sensitive information to safeguard.
Some of the best software for managing data concentrates on providing an integrated complete, unified view of information across all data sources within the organization for increased transparency, reliability, security and the ability to scale. These platforms include tools for data integration, data governance and data quality that improve business intelligence and reduce the risk of costly mistakes caused by insufficient or inaccurate information.
Oracle offers a suite of software that allows enterprises to create and implement, as well as manage data-driven initiatives. Its Data Management Suite provides consolidated authoritative, consistent master data to all analytical and operational applications. It also helps with data governance and quality as along with the compliance of policies, repeatable processes cross-functional collaboration and awareness of changes across the enterprise.
Tamr is a data mastering system that improves and integrates enterprise data and improves analytics insights. It uses machine-learning to combine, cleanse and categorize data gathered from various sources and ingests and combines metadata from both legacy systems as well as Hadoop. It’s aim is to provide users with a simple data catalog and an integrated business glossary, aswell as the ability to visualize data lineage.
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