Data management tools can help businesses transform data into actionable insights and then analyze it to gain a competitive edge in today’s competitive business environment. The best tool should be secure enough to guard critical information against external threats and internal users. This means it must include robust security features and techniques that are designed to deter cybercriminals, for example data encryption.
It must also be able to recover from disasters and have rules and regulations that define how long an organization has to keep its data. In addition, it should provide flexible pricing models and storage options that permit organizations to scale up and down in line with the requirements for processing data.
When you are evaluating data management products and solutions, you must also consider the reputation of the company, because this could affect customer satisfaction and support. Some vendors might oversell their solution or bind their customers into a long-term contract that is difficult to terminate. Some vendors may have a poor track 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, helping businesses achieve one point of truth (SSOT). It should be able to connect via APIs to databases, file types, on-premises data warehouses and cloud data lakes, as well as data lakes. It should also come with an easy-to-use interface that makes it easier for non-technical personnel to use the platform’s tools. This is crucial because legacy systems, such as Informatica, have complex and diverse user interfaces that make it difficult to navigate.
