Data management tools assist businesses tame data into actionable insights and then analyze it to gain a competitive advantage in today’s cutthroat business environment. But the right tool has to be secure enough to protect crucial data from threats from outside and internal users. This means it should have robust security features and technologies that are designed to deter cyber criminals, such as data encryption.
Moreover, it should have disaster recovery capabilities as well as rules and regulations that determine how long the organization should retain its data. Additionally, it should offer flexible pricing models and storage options that permit companies to scale up or down in line with the needs of their data processing.
When looking at data-management products and solutions, you should also take into consideration the reputation of the vendor, because this could affect customer satisfaction as well as support. Certain vendors might oversell a solution or bind their customers into an agreement that is difficult to end. Some vendors could have a bad record when it comes to dealing with security or performance issues.
A robust data management solution will work well with other data sources, tools and business processes, which allows companies achieve a single point of fact (SSOT). For instance it should be able to connect to databases such as file formats, on premises and cloud data warehouses, and data lakes via APIs. It should also come with an intuitive interface that makes it easier for non-technical staff members to use the features of the platform. This is crucial because some older systems, like Informatica have a complex and diverse user interface that make it difficult to navigate.