Data management tools can help businesses transform data into actionable insights and analyze it to give them an advantage in today’s competitive business environment. But the right tool needs to be secure enough to shield crucial data from threats from outside and internal users. It should come with strong security features, which include techniques designed to deter cybercriminals.

Additionally, it should be equipped with disaster recovery capabilities as well as regulations and rules that dictate the length of time that an organization can retain its data. It should also offer flexible pricing and storage options, allowing companies to increase or decrease their capacity according to their data processing needs.

When evaluating data-management solutions and solutions, you should also take into consideration the reputation of the vendor since this could affect customer satisfaction and the level of support. For instance, some vendors might oversell their solutions or bind customers to an extended contract that is difficult to break. Others might have a weak track record when it comes to managing security or performance issues.

A solid solution for managing data can integrate with other data sources, tools and business processes, which helps businesses to achieve a single point of truth (SSOT). For instance, it should http://dataroomhome.com/what-is-data-protection-and-why-is-it-important/ have the ability to connect to databases and file formats, on-premises and cloud data warehouses, and data lakes via APIs. It should also have a user-friendly interface to make it easier for non-technical personnel to use the platform’s tools. This is crucial because some old systems like Informatica have a complicated and varied user interface that make it difficult to navigate.