Understanding Data Management, Its Benefits and Role in the Digital Age

Published on 16 May 2024

Understanding Data Management, Benefits and Role in the Digital Era

Data management plays a vital role in improving the efficiency of data usage in a company. Best practices in data management are not only essential for collecting and storing data securely, but also in optimizing its use to support strategic decisions. So, how does data management function so that it becomes a key element in business operations? Find the answer in this article. 

What is Data Management?

Data management is the practice of managing data from collection, storage, to its use efficiently and securely. The goal is to ensure that data can be accessed and used to support decision-making and day-to-day business operations. 

What are Big Data Management Systems?

What is Big Data Management Systems 

Big Data management systems are a specialized development of data management systems designed to address the challenges of Big Data implementation. Unlike data management systems that typically handle various business operations, Big Data management systems focus on managing data that has a large volume and variety of types. 

Importance of Data Management

Implementing effective data management systems can provide a variety of strategic benefits for companies, such as. 

Better Data Security

Ensuring data is protected from unauthorized access and leaks, maintaining business trust and integrity. 

Improved Decision Making

Well-managed data enables more informed and data-driven decision making. 

Cost Optimization and Operational Efficiency

Minimize data redundancy and improve data quality, allowing companies to reduce operational costs and increase efficiency. 

What are the Data Management Challenges?

What are the Data Management Challenges 

In a dynamic business environment, data management faces the following challenges. 

Lack of Data Insight

Due to the increasing number and diversity of data sources such as sensors, smart devices, social media, and video cameras, businesses often struggle to understand the data they have and how to use it. 

Difficulty Maintaining Data Management Performance Levels

Businesses that continuously store and process more data must constantly monitor the queries answered by the database and adjust indexes according to changes in queries to maintain peak response times without compromising performance. 

Compliance Challenges with Changing Data Requirements

Complex and frequently changing compliance regulations require businesses to review their data more frequently and identify if any fall under new or amended requirements. Personally Identifiable Information (PII) must be detected, tracked, and monitored to comply with increasingly stringent privacy regulations. 

The Need to Easily Process and Convert Data

Collecting and identifying data is not enough, businesses also need to process it.  

The Constant Need to Store Data Effectively

Data scientists need a quick and easy way to transform data from its original format into the form, format, or model they need for various analyses. 

The Demand to Continuously Optimize IT Agility and Costs

IT companies need to evaluate the level of uniformity between on-premises and cloud environments to maintain maximum IT agility and lower costs. 

What are the Data Management Best Practices?

Overcoming data management challenges requires a comprehensive and well-planned set of best practices, including.  

Create a Discovery Layer for Data Identification

Enable analysts and data scientists to access and browse datasets easily, increasing speed and effectiveness in data usage. 

Develop a Data Science Environment

An automated data science environment can help reduce the need for manual data transformation, speed up the process from testing to model evaluation, and improve operational efficiency. 

Implement Autonomous Technology

Using AI and Machine Learning to monitor and optimize database queries in real-time, ensuring fast and accurate system performance and reducing manual workload. 

Optimize Data Compliance with Discovery

Advanced data discovery tools help ensure compliance with multi-jurisdictional regulations, essential in managing risk and data security. 

Take advantage of Integrated Databases

Supports all modern data types and the latest development models, and efficiently handles various types of workloads, from graphs to blockchain. 

Maintain Database Platform Performance and Scalability

Ensure the database platform can scale and perform to support business needs, enabling fast and effective data analysis from multiple sources. 

Use a Common Query Layer

An overarching query layer allows for more efficient data access without the need to understand complex data storage details.  

By implementing the above steps, the challenges of compliance and data changes can be overcome with ease. Hitachi Vantara offers solutions that not only meet these needs but also optimize operations and data security. 

Data Management Solutions from Hitachi Data Protection Suite

Hitachi Data Protection (HDP) Suite is driving innovation in data management, delivering an integrated approach to protecting and managing corporate data. HDP provides immutable data protection to ensure data integrity from ransomware threats. HDP’s advanced features enable enterprises to recover data quickly and efficiently, while minimizing downtime and protecting critical corporate assets. 

Hitachi Data Protection Suite Features

Hitachi Data Protection Suite is equipped with innovative features designed to optimize data management. 

Risk Identification

Proactively analyze and identify potential data security risks. 

Protection

Equipped with layers of protection with encryption and strict access control. 

Detection

Detect threats and suspicious activities in real-time, strengthening data security. 

Response

Enable enterprises to react to security incidents quickly and effectively. 

Recovery

Recover lost or corrupted data quickly, ensuring business continuity. 

Benefits of Hitachi Data Protection Suite

Hitachi Data Protection Suite offers various benefits to enterprises, including. 

Reliable Data Protection

This solution offers advanced defense against ransomware attacks and other cyber threats, keeping your data safe and uninterrupted. 

Quick Recovery

Minimize downtime and enable rapid restoration of normal operations after a security incident. 

Efficient Management

Streamlines data management processes by allowing IT teams to focus on strategic initiatives rather than day-to-day data management tasks. 

Scalability

Customizable to evolving business needs, supporting business growth without compromising performance or security. 

Increased Data Insight

Advanced analytics tools improve the quality and accessibility of insights generated from data, supporting faster and more informed decision making. 

Get Hitachi Data Protection Suite from CDT

Implement superior data management with Hitachi Data Protection Suite through Central Data Technology (CDT) to ensure the security and efficiency of your business data. As Hitachi Vantara’s authorized advanced partner in Indonesia, CDT ensures a seamless implementation process, from the initial consultation stage to after sales support. Contact us now through this link. 

 

Author: Danurdhara Suluh Prasasta 

Content Writer Intern CTI Group 

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