Why is data management important?

Data management refers to keeping documentation created by a company during daily operations. The four key aspects of Data Management are
  • Organization,
  • Categorization,
  • Long-term data retention, and
  • Disposal.
Proper decision-making, efficient production, and improved customer service can be guaranteed through proper Data Management. Data Management helps businesses ensure competent decision-making, efficient production, and enhanced customer service. Thus, optimum data storage is critical. But should all documentation be maintained? A proper Data Management strategy coupled with a backup and retention policy will help you get the most out of your data by avoiding deduplication; while providing intelligent categorization, consumer insight, data analysis, and legacy information.

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