Data is a valuable resource for any company. It can give you an advantage in competitiveness, increase revenues and loyalty to customers. But it’s only beneficial if you can tame and utilize it effectively. This requires a clearly defined strategy and software tools.
Organizations produce huge amounts of data derived from a variety of sources. To make this data accessible to employees for their decision making, the company requires to gather it and organize it in a central repository. That’s the point where software for managing data is required. It is a system for collecting, storing and distributing the data that supports the company’s essential business systems and software solutions.
The market is overflowing with software for data management. Some are standalone solutions while others provide a unified platform that can be used across all data environments. It is important to choose a solution with the functionality you require for your business and that can be scaled to accommodate future growth requirements.
For instance, a retailer company that is looking to automatize its ETL/ELT process could use a tool like Blendo or SQL Server Integration Services (SSIS) to extract and load data into the data warehouse. It could also make use of the Hevo Data solution that provides an in-real-time data pipeline that is compatible with 150+ sources systems.
Other tools can provide advanced features like predictive analytics, data quality monitoring and visualization. These tools can help reduce the amount of time and effort it takes for employees to complete data tasks, which may improve productivity and efficiency. They also help safeguard sensitive information and ensure compliance with consumer protection laws.