Multi-location enterprises face data management challenges due to large data volumes, geographically dispersed resources, and diverse needs.
Many large companies struggle with the effects of data silos: inconsistent data formats, low data visibility, diverse compliance requirements, and more.
These difficulties reduce data visibility, weaken decision-making capabilities, and increase costs. They also lower data quality, complicate data governance practices, and increase regulatory risks.
How do companies avoid these hazardous outcomes? By replacing their siloed DM approach with a Unified Data Management (UDM) solution.
Data management involves many essential activities, from data storage and collection to data governance and quality management. Traditional approaches handle each activity independently with disparate tools, technologies, and systems.
These methods create silos that hamper efficiency and accuracy, decrease cost-effectiveness, and augment security risks.
UDM is a strategic approach that eliminates those silos by unifying all data management activities to streamline DM for multi-location enterprises while increasing efficiency and security.
UDM solutions optimize data compliance, analytics, operations, and more via five key functionalities.
UDM solutions aggregate data from all sources—i.e., databases, applications, and cloud platforms—into a single centralized view.
They profile data to find accuracy or consistency issues, then clean and standardize to improve data quality.
UDM solutions govern data by setting policies and standards for DM processes, such as compliance protocols, metadata specs, and data lineage guidelines.
They secure data via security policies and tools such as encryption, access control, audit logs, and recovery protocols.
Unified data management offers reporting, forecasting, and visualization capabilities that generate valuable business insights.
Amidst the current contexts, IT teams need a unified approach to manage data successfully.
Data volume, variety, and velocity are increasing exponentially; global data creation is projected to grow to more than 394 zettabytes by 2028. Developments like the Internet of Things (IoT) and generative AI are changing the enterprise landscape, diversifying datasets, and complicating the regulatory landscape.
These changes make data management more challenging than ever.
As big data expands in volume, overloads cause latency issues, connectivity problems, and visibility complications. Augmented data variety engenders privacy concerns and rising DM costs while increasing data complexity and advancing tech each present new risks. IT teams are struggling with data governance initiatives and compromising data analytics quality to reign in costs—leading to suboptimal results.
Effective DM solutions help enterprise IT teams overcome these obstacles while improving outcomes and boosting business growth.
Unified data management is one such solution.
It provides what IT teams need to tackle today’s tough challenges, from enhanced visibility to streamlined data governance. The impact of these benefits ripples out far beyond the IT department, helping enterprises optimize overall efficiency, decision-making processes, and more.
Let’s dive deeper into the impactful advantages of UDM.
Unified data management enhances reporting and analysis accuracy by increasing visibility across locations. It helps organizations simplify, understand, and leverage their data more effectively, granting leaders actionable insights for decision-making.
UDM optimizes DM workflows and top-to-bottom operations by reducing time and resource waste. It accelerates processes like data wrangling and consolidating, augments accessibility, and helps IT teams pinpoint efficiency-related problems. It also improves data quality, leading to overall business success.
UDM solutions leverage centralized security controls, access control management, and other enterprise-grade network protections. IT teams reduce the likelihood of breaches or attacks, and their enterprises enjoy improved security. As the global average cost of a data breach—4.88 million USD—is higher than ever, this is a huge advantage.
The UDM approach simplifies data compliance via streamlined security and consistent data governance across locations. These protocols ensure adherence to GDPR, CCPA, and all international regulations—safeguarding businesses against compliance risks.
Unified enterprise data management solutions streamline large-scale integrations. IT teams can seamlessly connect their UDM framework with marketing automation platforms, enterprise CRM software, and everything in between. This functionality saves time, provides centralized oversight, and facilitates cross-functional collaboration.
As traditional approaches require various disparate DM systems, adding new offices or implementing new technology is far more complicated, expensive, and time-consuming. UDM, however, seamlessly adapts to changing data demands and evolving enterprise needs without interrupting operations.
Because this solution’s unified data-driven view offers augmented insights and efficiency, it helps businesses cultivate more effective marketing campaigns and customer experiences. With UDM, enterprises can better satisfy customer needs and increase loyalty.
Unified data management reduces errors and removes repetitive DM tasks that siloed systems require. It helps businesses manage expenses and lower costs by optimizing operations while increasing revenue opportunities by satisfying customers.
UDM solutions elevate enterprise data-driven decision-making capabilities. Enhanced analytics produce actionable insights that inform choices, and seamless integrations cultivate centralized collaborative environments that foster better decisions.
Because leaders also save time and money with UDM, businesses can focus resources on high-impact strategy instead.
By making better data-driven choices, organizations avoid unnecessary risks, successfully execute digital transformations, and gain a competitive advantage in the marketplace.
As data management becomes more complex, IT teams face new challenges. UDM is an attractive solution to these modern problems. It allows IT teams to improve data quality, leverage data more effectively, ensure compliance, and more.
This solution’s benefits go beyond the IT department, aiding the entire enterprise. Its advantages include optimized company-wide efficiency, bolstered organizational security, and better decision-making for improved outcomes.
Interested in streamlining enterprise data management activities? Enlist a trusted connectivity partner specializing in IT optimization. Our experts help you ensure a seamless transition to UDM throughout sourcing, implementation, and beyond.
Connect with our team today to discover how we maximize impact while cutting enterprise costs.