Why you need Data Management

There are often serious challenges with harmonising, correcting and consolidating the enormous amount of information that drives most businesses. Data is usually spread across multiple departments and systems, and typically exhibits a high degree of inconsistency, ambiguity, duplication and non-standardised storage, as well as missing ownership or accountability. This makes it inherently unreliable.

In today’s fast paced and competitive business environment, there are many business imperatives that demand properly controlled and reliable data. For example:

• Intelligent Marketing & Sales
• Governance, Risk and Compliance
• Customer Relationship Management (CRM)
• Client Centricity & Single View of Customer
• Protection of Personal Information (POPI)
• King III
• Supply Chain Management (SCM) & Global Data Synchronisation (GDS)
• Business Intelligence (BI)
• New Application Migrations, Data Consolidation and Data Integration

Leading companies that have embraced formal and mature information management practices have shown that quality controlled data results in measurable business benefits, by reducing costs, increasing opportunities and meeting compliance requirements