Data management encompasses processes, technologies, and policies for acquiring, storing, organizing, and analyzing data to derive meaningful insights and support decision-making. It involves data governance, data quality management, data integration, data security, and data lifecycle management. Data management professionals ensure data accuracy, consistency, availability, and confidentiality while complying with regulations and industry standards.
Effective data management involves establishing data governance frameworks, implementing data management tools and systems, defining data policies and procedures, and training staff on data best practices. Data management professionals also collaborate with data analysts, scientists, and stakeholders to understand data requirements, improve data quality, and derive valuable insights from data assets.