In today’s data-driven world, where every byte of information holds untapped potential, effective Data Management has become a central component of successful businesses. The ability to collect and analyze data to gain valuable insights is the basis of informed decision-making, innovation, and competitive advantage. According to recent research by Accenture, only 25% of organizations are […]
What Is Data Architecture? Components and Uses
Data Architecture describes the infrastructure that connects a Business Strategy and Data Strategy with technical execution. Ideally, Data Architecture happens within a systematic framework, providing a foundation for people and systems to work with data. Three types of components underlie the architecture infrastructure and connect to drive insights, make data-driven decisions, and manage risk. They include: Specific examples of […]
Denodo Announces Platform Enhancements to Help Organizations Democratize Data
According to a new press release, Denodo, a data management leader, has introduced significant enhancements to its platform, aiming to revolutionize data usage, enforce data security, and facilitate self-service for business users while enhancing financial operations (FinOps). Following a recent $336 million funding announcement, Denodo’s mission is to unify and secure data assets in real […]
How to Become a Data Governance Specialist
A Data Governance specialist is responsible for deploying and enforcing policies and procedures that ensure data is used and maintained properly. Some organizations confuse the title “Data Governance (DG) Specialist” with the title “Data Governance Manager.” The DG specialist is not a member of upper-level management and does not dictate policy. This person, however, must […]
Neo4j Enhances Cloud Database Performance for Faster Analytics and Decision-Making
According to a new press release, Neo4j, a prominent graph database and analytics company, has unveiled significant enhancements to boost the performance of cloud and self-managed customers. These updates promise an increase in the speed of analytical queries, the ability to handle both transactional and analytical processing within a single database, and real-time tracking of […]
Fundamentals of Data Access Management
Across all industries, and in businesses of all sizes, one thing holds true: The more you know about your customers, the greater your organization’s chances for success. This makes data your company’s most valuable non-human asset. As the revenue potential of data increases, the job of protecting that data becomes more important and more challenging. […]
Data Governance vs. Data Management
When managers and workers discuss Data Governance (DG), a business program that supports harmonized data activities, vs. Data Management (DM), a comprehensive collection of practices, concepts, and processes dedicated to leveraging data assets, they often use the terms interchangeably. Sometimes, both words point to the same concepts, and these conversations remain productive. At other times, switching between […]
How to Leverage Data Management for Efficient Patient Billing
Better transparency of expenses gives great insights to patients. It also helps healthcare organizations in managing patient billing processes. But how to get this transparency in the system has always been a question for many. After thorough research, I found that proper management of patient data can do wonders for the healthcare sector. Do you want to […]
Data Management and Analytics: Are You Ready for These Worlds to Collide?
The once-disconnected worlds of data management and analytics are increasingly colliding in front of our eyes, even if not everybody sees it. We are in the midst of a quiet revolution and entering a new era in which all the key ingredients for successful decision-making are coming together. That combination will see the emergence of […]
What Is Data Management? Definition, Benefits, Uses
Data Management (DM) comprises a comprehensive collection of consistent and responsible practices, concepts, and processes. These resources align data for business success and implement a Data Strategy. Additionally, they span long-term, abstract planning to hands-on, day-to-day data activities. Since DM spans many outcomes, behaviors, and activities throughout the data lifecycle, companies find organizing it into a framework helpful. […]