Data is one of the most valuable resources available to businesses. It can give you an advantage in competitiveness, increase revenues and loyalty to customers. But it’s only helpful when you can manage and utilize it effectively. This requires a clear strategy and software tools.
Organizations generate huge amounts of data from a wide range of sources. To make that data available for analytical decision-making by employees companies must gather and organize it into an centralized repository. This is where software for data management is required. It’s a system to store, collect and distribute the information that is used to support the company’s core software and business systems.
The market is flooded with applications for managing data. Some solutions are standalone applications, while others provide an application that can be applied to any data environment. It is important to select one that is able to provide the features that your company requires and that is scalable to meet future growth needs.
For instance, a retailer company that is looking to automatize its ETL/ELT process can use a software like Blendo or SQL Server Integration Services (SSIS) to extract and load data into a data warehouse. Then, it could employ a solution like Hevo Data that allows you to create an automated data pipeline in real-time and support a variety of sources systems and databases.
Other tools offer advanced features such as predictive analytics, data quality monitoring and visualization. These tools can help reduce the time employees take to complete data tasks. This could increase productivity and efficiency. They also protect sensitive information and ensure compliance with consumer protection laws.