Data management tools ensure that employees have the right information available at the appropriate time. This enables them to work more efficiently and faster. Effective data management practices can help businesses safeguard themselves from users who are not authorized, and ensure compliance with laws like consumer protection laws.
A properly planned approach to managing data can help save money by making sure that valuable assets like data and analytics are safe and readily available in the event of need. This is especially crucial for organizations that have massive amounts of sensitive information or data to protect.
The best software for managing data concentrates on providing one and consistent view of data across different data sources of the organization to provide improved visibility as well as security, reliability and the ability to scale. These platforms offer tools for data integration, data governance and data quality that enhance business intelligence and decrease the risk of costly errors caused by inaccurate or insufficient data.
Oracle offers a suite of software that allows enterprises to create and deploy data-driven initiatives. Its Data Management Suite provides consolidated authoritative, consistent master data to all operational and analytic applications. It also assists with data governance and quality as in addition to process repeatability, policy compliance cross-functional coordination and awareness of changes across the enterprise.
Tamr is an enterprise-level data mastering system that improves and integrates data coming from various sources and boosts analytical insights. It uses machine-learning to combine, cleanse and classify data from multiple sources, and then ingests and integrates metadata from both legacy systems as well as Hadoop. It’s aim is to provide users with a clear data catalog as well as a built-in business glossary as well the ability to visualize data lineage.
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