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19 views12 pages

Group7 Presentation (MIS)

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We take content rights seriously. If you suspect this is your content, claim it here.
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What is Data management?

Data management is the practice of collecting, organizing, protecting, and storing an


organization’s data so it can be analyzed for business decisions. As organizations create and consume
data at unprecedented rates, data management solutions become essential for making sense of the vast
quantities of data. Today’s leading data management software ensures that reliable, up-to-date data is
always used to drive decisions. The software helps with everything from data preparation to cataloging,
search, and governance, allowing people to quickly find the information they need for analysis.

Instead of leaving the handling of information up to individual employees or departments, a


proper data management approach creates official policies and workflows to develop a consistent
standard across the business. This ultimately helps organizations make better use of their data at scale.
ETLs (extract,
transform,
load)
Data Pipelines
Data
architecture

TYPES OF
DATA
Data modeling MANAGEME
NT

Data catalogs

Data
governance
Data security
TYPES OF DATA MANAGEMENT definition of;

DATA MODELING
DATA PIPELINES ETL(extract, transform, DATA ARCHITECTURE Data models are visual
is a path for businesses to load)
is a type of data All data strategies start with diagrams of how data flows
transfer information
pipeline. It extracts architecture. With data through a system. They can
between two or more
data from a database, architecture, you build out help your team understand
different systems
transforms it with the flow of information the flow of data within a
automatically. For example,
formatting, and loads throughout your systems. system or between different
you might connect your
it into a new location This is a formal process to systems. It’s common for
sales enablement software
for storage. The help you manage the flow of businesses to create multiple
to your website analytics to
benefit of using an data through a solid data data models for their various
bulk up your lead profiles.
ETL is that it can structure. It covers systems.
Sometimes the data pipeline
take data from everything from storage to
will change or enhance
multiple sources and usage to compliance.
your data during the
exchange process, but it can store it in a single
also leave the raw data as solution.
is.
DATA GOVERNANCE 7. DATA SECURITY
DATA CATALOGS
Data governance is the set The goal of data security is to
Data catalogs store and
of rules you follow to protect your information from
organize data based on
standardize data. This helps breaches, theft, and
back-end information,
with data quality and data unauthorized access. This is
which is called metadata. A
compliance. Businesses will usually an IT function that
data catalog makes
usually have a team in creates policies for software,
important information
charge of data governance access, backups, storage, and
searchable so you can find
to hold the business more.
it quickly. For example,
businesses can store accountable and make
inventory information in a policy updates as needed.
data catalog and tag entries
with labels that make it
easier to find product
information.
BENEFITS OF DATA
MANAGEMENT
 Security- Unmanaged data is a serious security concern. By bringing your information
under control, data management can help you secure it from unauthorized access. It’s one
of the best ways to prevent the expensive headaches of data breaches.

 Consistency- Inconsistent information can lead to misunderstandings. But with data


management, everyone sees a unified, centralized view of your raw data in one place.

 Transparency- Research shows 70% of consumers don’t trust companies that sell or use
their personal data. Building trust with your customers takes time, but
being transparent with how you use their data can help. Sharing your data policies with
customers can make it easier to lock down their data while earning their trust.

 Compliance- Businesses are required to give consumers control over their data.
Data management allows you to stay compliant with GDPR, CCPA, and other data
privacy regulations. This can help you avoid expensive regulatory fines while
improving your customer relationships.
 Profitability- Data can help your business become more profitable, but only if you mobilize it.
Data management makes it possible to find valuable insights into your business so you can
make more profitable decisions.

 Reliability- How reliable is your data, really? Don’t ask employees to sift through information
to find what’s accurate and what isn’t. Data management allows businesses to ensure reliability
while decreasing time to value.

Scalability- The good news is that your business doesn’t have to manage data manually. Data
management solutions make it possible to undertake data management automatically and at scale.
This is the best way to ensure data consistency and security across your enterprise.

 Visibility- What information do you have available across your business? Data management
brings all data sources into one feed, giving you comprehensive visibility and control over your
own data in a single, big-picture view.
DATA MANAGEMENT
CHALLENGES

1 Lacking data insight

Maintaining data-management performance


2 levels.

3 Complying with changing data requirements

4 Processing and converting data with ease

5 Storing data effectively

6 Optimizing its agility and costs continually.

7 Training employees
Advantagesand
Advantages of Data
Disadvantages of
Management
Data Management

1. Improved Decision-
3. Data Integrity and 4. Regulatory Compliance:
Making: 2. Enhanced Efficiency
Quality: Effective data
Effective data and Productivity:
Data management management helps
management allows Data management ensures
practices focus on organizations comply with
organizations to have that data is properly
maintaining data integrity data protection and
access to accurate and stored, organized, and
and quality. By privacy regulations. By
timely data, enabling accessible. This leads to
implementing data implementing proper data
informed decision- increased efficiency and
validation, verification, governance, security
making. When data is productivity as employees
and cleansing processes, measures, and data
properly organized, can easily find and use the
organizations can ensure retention policies,
analyzed, and data they need to perform
that data is accurate, organizations can protect
interpreted, it can their tasks. It reduces time
consistent, and reliable. sensitive information,
provide valuable insights spent searching for
This improves the mitigate risks, and avoid
that drive strategic information and minimizes
trustworthiness of the data penalties associated with
actions and improve errors caused by outdated
and promotes better non-compliance.
business outcomes. or inaccurate data..
decision-making.
Disadvantages of Data Management

2. Cost: 4. Data Complexity and


Establishing and 3. Data Security Risks: Volume:
1. Implementation maintaining effective Managing data comes with With the exponential
Challenges: Implementing data management inherent security risks. growth of data,
robust data management processes can be costly. It Storing and processing organizations face
practices can be complex and involves investments in large amounts of data challenges in managing
time-consuming. It requires data storage, data increases the exposure to and analyzing large
investment in technology, integration tools, data potential data breaches, volumes of data from
infrastructure, and skilled security measures, and unauthorized access, or various sources. Dealing
personnel. Organizations training for personnel. data loss. Organizations with complex data
may face challenges in Organizations need to need to implement robust structures, unstructured
integrating different systems, carefully consider the security measures to data, and data from
ensuring data consistency costs associated with data protect sensitive data and diverse systems requires
across platforms, and management and weigh ensure compliance with advanced data
managing data from multiple them against the data protection management techniques
sources.. potential benefits. regulations. and technologies.
ITS 310-A TTH(5:30-7:00PM)
GROUP 7
MEMBERS

Amorganda, Angelika G. BACASOY, PRINCESS JANE BADOY, JAY AN C.

PROSPERO, RALPH
TIMANONO, RHOD Abrasado, Carl
ACE

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