Data management tools help businesses tame data into actionable insights and then analyze it to gain competitive advantages in today’s cutthroat business environment. The best tool should be safe enough to protect critical information against external threats and internal users. It should have robust security features, like technology designed to deter cybercriminals.
Moreover, it should have disaster-recovery capabilities and regulations and rules that dictate how long an organization has to keep its data. It should also provide flexible pricing and storage options, allowing companies to scale up and down according to their processing requirements.
When evaluating products for data management and solutions, it’s important to consider the vendor reputation, which can impact customer satisfaction and support. Some vendors might oversell a solution or force customers into a long-term contract that is difficult to terminate. Others may have a poor track of handling security or performance issues.
Additionally, a reliable data management system should be able to integrate seamlessly with other data sources and tools to help businesses attain the goal of having a single source of information (SSOT). For instance, it should have the ability to connect to databases and file formats, on-premises and cloud data warehouses and data lakes using APIs. It should also have an intuitive interface that makes it simple for staff members with no technical background to utilize the platform’s features. This is essential because legacy systems, such as Informatica which is a good example, have complicated and diverse user interfaces that make it challenging to navigate.