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. […]
What Is Data Modeling? Types, Benefits, Uses
Data Modeling describes the plans and activities around diagramming data requirements for business operations across one or more systems. This blueprint defines unique data entities (such as tables, systems, concepts, and hubs) and their characteristics (such as inheritance, importance, and physical structures) along with how the data flows between entities. Organizations create or update data models anytime, depending […]
What Is Data Quality? Dimensions, Benefits, Uses
Data Quality (DQ) describes the degree of business and consumer confidence in data’s usefulness based on agreed-upon business requirements. These expectations evolve based on changing contexts in the marketplace. As people get new information and experience different interactions, business requirements face updating, redefining Data Quality needs within the data’s lifespan. Since DQ represents a moving […]
What Is Data Governance? Definition, Types, Uses
Data Governance (DG) is a business program and bedrock that supports harmonized data activities across the organization. It accomplishes this goal as a formalized framework implemented to the specifications of a corporate Data Strategy. Applying governance, as a whole, requires connecting different components – such as roles, processes, communications, metrics, and tools – to increase the likelihood that the […]
What Is the Data Management Body of Knowledge (DMBoK)?
The DAMA Guide to the Data Management Body of Knowledge (DMBoK) serves as a testament to the ever-evolving nature of the data world. The second edition of the book, released by DAMA International in 2017, features updated contributions from more than 120 data professionals and highlights 11 core Data Management “knowledge areas.” As a whole, the 600-page tome […]
What Is Business Intelligence?
Business Intelligence (BI) includes the technologies and tools used to analyze and report on different business operations. Business Intelligence uses raw data stored in varying data warehouses, data marts, data lakes, and other storage platforms, and transforms it into actionable knowledge/information assets. Such elements include dashboards, spreadsheets, data visualizations, reports, and many others. According to […]
What Is Data Science?
Data Science is a combination of scientific disciplines “to build predictive models that explore data content patterns,” according to the Data Management Body of Knowledge (DMBoK). Data Science, formerly known as applied statistics: “Integrates methods from mathematical, statistical, computer science, signal processing, probability modelling, pattern recognition machine learning, uncertainty modeling and data visualization towards gaining […]
What Is Data Stewardship?
The Data Management Body of Knowledge (DMBOK) defines Data Stewardship as: “The most common label to describe accountability and responsibility for data and processes that ensure effective control and use of data assets. Stewardship can be formalized through job titles and descriptions, or it can be a less formal function driven by people trying to […]
What Is Big Data?
Big Data refers to extremely large data sets of varying types of data – structured, unstructured, and semi-structured – that can be collected, stored, and later analyzed to provide insights for organizations. Big Data’s promise depends on how the data is managed. In the past data was organized in relational models, sometimes within data warehouses, […]
What Is Data Curation?
Data curation, as defined by The University of Illinois’ Graduate School of Library and Information Science: “is the active and ongoing management of data through its life cycle of interest and usefulness.” Sayeed Choudhury, Associate Dean for Research Data Management at Johns Hopkins University (JHU) and leader of the Data Conservancy, further breaks down Data […]