All operating organisations are most likely to hold sensitive, valuable and personal data of their operational subjects. Such personal information should be secured from interference, theft and misuse for personal benefits. This makes it vital that any organisation holding sensitive data have a professional data management system. This ensures that data is safe - as a valuable resource for information retrieval. Read on to learn more.
An overview of data management
According to Data Management Association - DAMA, data management is the orderly organisation of data using policies, practices, procedures and data architecture tailored to protect the value of data. These data management practices should be done regularly as any data is a valuable resource to any organisation.
Types of data management systems
There are various processes of managing data and ensuring its use is the intended purpose. They include data mining, movement, administration, maintenance, analysis, modelling among others.
The importance of professional data management services
It is vital to protect data as losing it could cost a company huge loss, loss of client trust and can even take a long time to recover the same. Data is best handled by professional database managers so as to get the assurance of data safety. Below are a number of reasons why professional data management services is a must for a business. - Careless data handling can result to data loss. This would cost a company huge losses in monetary value. - Since some data is very sensitive and personal, some employees can misuse the data for their own personal benefits. Important data can be rent-out to third parties who may have fraud motives upon the data. - A professional data management servicer can model a specific data management system specifically for the company. Hence, this tailored system is only operated by one person, and chances of interference and data hacking are minimal. - It is from data that information is obtained. Therefore, a good professional data manager could help a company to analyse its data into meaningful information upon which decisions can be drawn. - A professional data manager would ensure that all data collected is stored as accurately as possible. Professional data management systems have the ability to pin-point possible and magnificent errors during data entry. The use of wrongly entered data can cause false-truths during data analysis. - A professional data management service can do the vital work of creating back-up copies of original data. With this done, an organisation needs to sign a code of ethics regarding the security of the data that a company makes available for back-up. In the case of losses, the data manager can provide a copy of the lost data.