The Benefits of Software For Data Management

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Data is one of the most valuable assets for an organization. It can help boost an advantage in competitiveness, increase revenues and loyalty to customers. But it’s only helpful when you are able to manage and make use of it effectively. This requires a clearly defined strategy and the use of software tools.

Organizations generate huge amounts of data. To make the data available for analytical decision-making by employees, the company must ingest and organize it into a central repository. This is where data management software is required. It’s a system to collect, store and distribute data that is needed for the core software of the company as well as business systems.

The market is saturated with software for data management. Some tools are standalone while others provide a single platform that can be utilized across all data environments. It is important to choose one that is able to provide the features that your business requires and that can be scaled to accommodate future growth needs.

For instance, a retail giant looking to automatize their ETL/ELT processes could use a tool like Blendo or SQL Server Integration Services (SSIS) to extract and load data into the data warehouse. Or, the company could utilize the Hevo Data solution that can create a real-time data pipeline that is compatible with 150+ sources systems.

Other tools have advanced features, like predictive analytics and monitoring of data quality. These tools can help reduce the time and effort it takes for employees to complete data tasks, which may improve efficiency and productivity. They also protect sensitive information and ensure compliance to consumer protection laws.