An organization’s data is considered as the most vital asset to the entire enterprise. It is the foundation of all an organization’s knowledge, possessing information that is necessary to what employees do there. Organizations that don’t understand the importance of their data and how to manage it are less likely to survive in today’s digital world. How can you ensure that you and your organization does not fall in line with the companies making those sorts of mistakes? Easy – it starts with proper Data Management.
Data management is the practice of organizing and maintaining data processes to meet ongoing information lifecycle needs. Effective data management can ensure many positive opportunities for your organization, such as minimizing potential errors, increasing productivity, support for making appropriate business decisions.
Here is a top 5 checklist for enterprise data management that you should implement for your organization in 2020.
1. KNOW YOUR DATA AND WHAT YOU HAVE
Massive data growth is more than just a technical challenge – it is a strategic challenge that can impact your bottom line. Unstructured data that is being poorly managed or lost, become major compliance and legal risk to the company. The challenge you face is understanding what data you have and where it is located. Enterprises require in-depth hardware and file system information to manage their IT business processes. An analysis of all your data across all your systems provides a visualization of the type, age, name, and access behaviors of files to identify your data workloads to differentiate between your critical data from dark data. You’ll need powerful data analytics to tell you what you have in order to convert your data from a risk to a strategic asset.
2. OPTIMIZE YOUR DATA ENVIRONMENT WITH HYBRID CLOUD
Once you have a complete understanding of your data environment, a hybrid cloud strategy can allow data workloads to move between private and public clouds in a flexible way as demands, needs, and costs change. This gives businesses greater flexibility and more options for data deployment, usage, as well as access to data analytics to maximize your investment. With skilled planning and a structured approach, a hybrid cloud can deliver on-demand flexibility, empower legacy systems and applications with new capabilities, and become a catalyst for digital transformation. The result can be an elastic and responsive infrastructure which can quickly adapt to the changing demands of the business.
3. MAKE YOUR METADATA WORK FOR YOU
Finding storage solutions for your data is the first step, but what happens when you now want to extract the value from your data sets through a deep analysis? Adding custom metadata tags to your datasets will help prepare yourself for that day. Without metadata to provide provenance, you have a dataset without context and little value.
By running an integrated file scan with a repository to store all the details on the analyzed file data, you can then add your custom tags to these data sets. This provides an enriched set of metadata from which you can gain insights through reports generated from the metadata repositories. You can now identify and segregate a set of data using metadata tags to create custom reports of your data, enables machine learning and artificial intelligence for a deep analysis of your data. This converts your data into value and makes your metadata work for you.
4. BE IN COMPLETE CONTROL OF YOUR DATA
Digital enterprises are investing to create, store, maintain, and protect their data. Though data sitting idle in storage has no real value, the analysis and business insights gained from data is what makes it worth the price. However, the speed and efficiency in accessing and obtaining that data is more significant since it greatly impacts the value of the data. The ability to access data faster increases productivity and enables you to respond to business requirements faster which translates into higher profits. With a solution that allows you to store your files economically, in native format, and without vendor lock-in, you can be in complete control of your data while it being accessible when you need it.
5. INTEGRATE DATA MANAGEMENT WITH YOUR BUSINESS DECISIONS
With data streaming in from multiple sources, leveraging the full value of your data can be complex but also very rewarding. With a standard process in place to ensure that your data is accurate, usable, and secure, you can generate valuable data-driven insights. This starts with data governance, which provides the guidelines for data security, accessibility, and shared among authorized people. Secondly, ensuring high data quality is key before data integration. Having clean data without duplications and redundancy is necessary when preparing your structured and unstructured data for analysis. Lastly, you need a security policy in place to protect your data and prevent data breaches. With these measures to ensure your data accuracy, accessibility and security, you will realize the power of being data-driven and make business decisions with confidence.
BECOME A CHAMPION OF DATA – WITH StorageX
Data management can play a huge factor in productivity and efficiency, but it may be difficult for companies to immediately start. Before you decide on data management for your company, consider StorageX.
StorageX dynamic file management platform empowers you to analyze, move, manage and modernize your data where you need it and when you need it, from your data center to the cloud. StorageX is built using industry standards and operates completely out of the data path, freeing your data from technology lock-in, complexity and risk. Enterprises who are consolidating data centers and modernizing legacy applications rely on StorageX, the most trusted name in file management.
If you want to start your digital transformation today or have more questions, we would love to help. Request a call today and one of our experts will contact you as soon as possible. Or even better, request a demo and see it all in action.
ABOUT DATA DYNAMICS
Data Dynamics is a leader in intelligent file management solutions that empower enterprises to seamlessly analyze, move, manage and modernize critical data across hybrid, cloud and object-based storage infrastructures for true business transformation. Its award-winning StorageX platform eliminates vendor lock-in and provides a policy-based, storage management platform to provide the insight, agility, and operational efficiency to transform your data assets into a competitive advantage.
Used today by 26 of the top Fortune 100 companies, StorageX has optimized more than 350+ PB of storage, saving more than 80 years in project time and $170+ million in total storage costs.