5 benefits of data management applications

Good data management makes location possible, exchange and reuse of data, reducing data redundancy.. These characteristics of good data management reduce costs in terms of time and money. Data management applications, along with best practices, they can also help meet the requirements of making data more accessible and recognizable.

Benefits of data management applications

Data management applications provide certain benefits that can positively impact the organization:

1. Increase productivity. It happens that it works in a more efficient way. It doesn't matter where your data is stored, from legacy systems to Hadoop. Data management applications help to access the necessary data. Data management rules are created once and used repeatedly, providing a standard and repeatable method to drive and integrate data, no additional cost.
2. Easy collaboration with other teams. It's easy to get stuck in tasks outside of the usual tasks. Data management applications enable users to update data, modify processes and analyze results, releasing them from other projects. At the same time, may have a built-in business glossary, third-party metadata management, data provenance visualization capabilities, etc.
3. Reliable data ready for action. Data management applications ensure data is ready for viewing, analysis or operational use. Therefore, quality is promoted, data transparency and accountability. They often incorporate audits to monitor processing.
4. Integration, administration and governance of big data. As institutions feed more data into tools like Hadoop, there is a need to obtain value from that information. Data management applications offer quick and easy access to Hadoop across various technologies and manage them wherever they are.
5. Perfect technology built by specialists. Data management applications from specialized companies are fully integrated, which means you are not required to work with a tight solution. From the data quality even data governance are part of the same architecture.

Buy vs build. What is better for data management?

It should be noted that the Making the wrong choice in this area can directly affect two fundamental aspects of companies: Costs and Margins..

Butfurther, there are several impacts that are not usually measured and that confirm the benefits that the organization obtains from the use of applications for data management built and maintained by specialized companies:

1. Loss of possibility, and therefore of potential income that produces us to build an application. It's about a ‘time to buy‘Excessive that can lose business opportunities.
2. An already built application reduces implementation times and therefore the costs associated with the developments, so for this case there are no times or costs, unlike what would happen with a custom development.
3. At the same time, an application reduces costs at the level of systems administration and responsible personnel Unlike other platforms where it is necessary to have specialists for each technology involved, thus increasing existing costs.
4. In the same way, a platform reduces costs in terms of changes and maintenance of developments, unlike what happens with Ad-hoc developments, where costs related to changes may take more time than initial construction.
5. In conclusion say that a platform already built is able to adapt to the initial requirements of the customers with respect to the initial architecture, being able to grow along with the business as needed, unlike other technologies, that require having specific technologies that increase maintenance costs.