Data Management and Analysis


From a business perspective, the role of data management and analysis is crucial. It is not only a resource for gathering new stores of static information; it is also a resource for acquiring knowledge and supporting the decisions companies need to make in all aspects of economic ventures, including mergers and acquisitions (M&As).

For organizational growth, all requirements and opportunities must be accurately communicated throughout the value chain. All users—from end users to data professionals—must have the most accurate data tools and systems in place to efficiently carry out their daily tasks. Data generation development, data quality, document and content management, and data security management are all examples of data-related functions that provide information in a logical and precise manner.
Read More
Some of the specific data management challenges that most organizations face include
  • finding a way to communicate data throughout the value chain of the organization;
  • obtaining reliable data from within the system to make sound decisions;
  • leveraging data not only as an operational resource, but also as a business benefit;
  • ensuring consistency of data across the organization;
  • assuring data quality through proper integration of data elements;
  • maintaining high-level control over all data analysis, management, planning, and processes for business decision-making; and
  • controlling and implementing procedures for access control, security, and the ability to manipulate digital files, hard files, and other information.
Data needs to be managed correctly at every point, from source to target. Nowadays there are data management software tools that can support almost every facet of business processes, including product information management (PIM) systems, business intelligence (BI) and business performance management (BPM) systems, information security (IS) and enterprise content management (ECM) systems, and document management systems (DMSs).

Related Companies

Related RFP Templates


Reporting and Analysis, Analytics, Data Warehousing, Workflow, Data Integration, Suppor...

Data Visualization, Analytics, Workflow, Data Integration, Support, System Requirements

Content Authoring, Content Acquisition, Content Aggregation, Document and Records Manag...

Related Software Evaluation Reports


This business intelligence (BI) Software Evaluation Report covers a full range of BI fu...

Business performance management (BPM) enables organizations to translate strategies int...

Document management systems (DMS) assist with the management, creation, workflow, and s...

Related White Papers

Weeks of effort go into closing, consolidating, preparing, executing, and adjusting fin...

The talent gap and the technology divide are both widening, while global economic uncer...

Data truly is the lifeblood of any healthcare organization. By its very nature, healthc...

According to a Computer Economics survey, organizations that have fully or largely migr...

For many enterprises, IT organizations tend to focus on individual issues and prioritie...

Related TEC Reports

In today’s world of omnichannel commerce, no one vendor can afford to not pay attention...

The focus of this TEC report is the wholesale and distribution (W&D) industry and the t...

Tyco Retail Solutions, a global vendor of retail performance and security solutions, ha...

The midsize enterprise is not a uniform concept. It takes several forms that require di...

In this product analysis report, TEC analyst Jorge Garcia takes an in-depth look at the...

Related Research Articles

Kronos recently announced the latest version of the Kronos Workforce Ready software sui...

Cornerstone OnDemand is a vendor that is sticking to its guns. And with the Cornerstone...

TEC's Raluca Druta was at the recent SAP SAPPHIRE NOW event and gives the lowdown on SA...

A company is only as good as the people that make it up. But many companies don’t put m...

At SuiteWorld 2015 earlier this month, NetSuite released SuiteCommerce InStore, a new c...