Data management tools allow businesses to transform data into actionable information and analyze it to gain a competitive advantage in today’s cutthroat business environment. However, the best tool has to be secure enough to protect crucial information from threats from outside and internal users. It should be equipped with strong security features, which include technology designed to deter cyber criminals.
It should also have the ability to recover from disasters. It should have rules and regulations that define the length of time an organization must keep its data. Additionally, it should offer flexible pricing models and storage options that permit companies to scale up or down based on the needs of their data processing.
When evaluating data-management products and solutions, you must be aware of the reputation of the vendor, since this could affect customer satisfaction and the level of support. For instance, some companies may oversell their products or lock customers into an extended contract term that is difficult to break. Some vendors could have a bad track record when it’s comes to handling security or performance issues.
A solid data management solution can be integrated with other data sources, tools and business processes, which helps companies achieve a single point-of-truth (SSOT). For instance it should have the ability to connect to databases, file formats, on-premises and cloud data warehouses, and data lakes using APIs. It should also have a user-friendly interface to make it easier for non-technical personnel to leverage the platform’s tools. This is crucial because legacy systems, such as Informatica with its complex and varied user interfaces that make it challenging to navigate.