Data Management
Data Management is the process of collecting, organizing, storing and maintaining data in a secure and organized manner. It involves creating policies and procedures to ensure that data is accurate, updated and properly stored. Data Management also includes creating systems for storing and retrieving data, managing access to data, ensuring security of the data, archiving or deleting old records and providing backup copies. Data Management is essential for businesses as it helps them make better decisions by providing relevant information in a timely manner. It also helps organizations save time and money by reducing manual labor associated with managing large volumes of data. Furthermore, Data Management allows organizations to comply with legal requirements such as protecting customer privacy. Effective Data Management requires careful planning and attention to detail in order to ensure accuracy and reliability of the stored information.