Business leaders often make corporate decisions in haste, based on data that is neither thoroughly analyzed nor understood. This can pose a serious threat to data-driven decision-making. Additionally, businesses risk losing a competitive edge by not following important business analytics practices. To get the full benefit of data-centric activities, businesses must follow several core Data Management principles.
The Data Management-first approach involves developing powerful systems that can collect, analyze, and manage the data deluge without compromising the integrity of the systems. Data Management principles collectively define the “concepts, roadmaps, controls, and best practices” surrounding the management of data.
