What is Data Management?

Data management is the process of designing and controlling the facts and figures in a structured and defined ways that helps to produce relevant and required information at right time. Data management is the process which consists of different stages to filter and manage the data. These stages can take place either in sequential or combine way that is useful for taking the required information from the large pool of the data. Data mining and knowledge discovery are the most important stages which are very famous now-a-days.

In the era of rapidly changing technology and information age, data management has become very important field especially in the fields of marketing research, information technology, education, telecom and research. Without execution of the right step and right time, no business can be successful. Decision making is totally based on the information and past results which are generated from large pool of available data. Software developers and ERP (Enterprise Resource Planning) consultants rely heavily on facts and data that are available to them. They to either generate or select the data into specified format that helps in efficient development or aid in decision making. This all requires data management skills.

Most of the activities and tasks were performed manually before the advent of computers which requires the lot of time to obtain the data from different sources and shape them into required information for different purposes. Time and efficiency have been improved with the inclusion of computers in different fields of the life. Now, most of the data and information is compiled computerized environment and after that different soft-wares or judgmental analysis techniques are used to take decision towards a particular direction. As role of computer is increasing in different dimensions of life with flow of lots of data and information, demands for data management expertise are also increasing after each day is passing.