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Develop agile business growth strategies though implementing improved management systems and digital sales channels for clients and partners.

Data management in today's world

Data Management

Magnitude is a full service digital marketing agency with extensive data management, public relations and new media experience. We work with select partners to grow online sales channels through strategic marketing efforts. Moreover, we consult with hundreds of Tucson based brands on web, media creation, and design projects.

 

What is Data Management?

Data management is the process of “acquiring, validating, storing, protecting, and processing required data.” Hence, it ensures that the data is reliable, easy to access, and timely for the users. In this world of data, it may be your most vital resource. Moreover, your business receives data from every source – scanners, social media, web, and customer actions to name a few.

Data management in today's world

Presenting data in a form of graphs and charts

What is it that makes data so valuable? Is it the source, the quality, or the format? Of course, all of these are important, but what you do with data is the key to its real value. Before you start thinking about how to manage your data, review such concepts as access, quality, integration, governance, and streaming of data.

Data Management tips for your business

Regardless of the industry, your brand is a part of; you surely have access to vital data that could change how your business works. Moreover, you probably have the data stored in several apps waiting to be used. If that’s the case, here are some helpful tips on how you can manage and leverage data in your business.

Data management services for companies

Stored data is an asset of every company

Set up your data model

Your company probably uses many apps to store data. However, what use does it have when all the info is stored in separate systems? First, its vital for your brand to align the data model across your platforms so that the data correlates across the apps you are using. Overall, cleansing and aligning the source data is the crucial first step.

Organize your data

After you align the data, it’s time to create a system or a process to maintain the master data. As a result, managing your information correctly will help your company build on its data model and improve analytics.

Visualize the data

Graphs or charts are a great way to present and compare existing data. Consider how visualizing your data can help improve your company and its processes. Thus, keep the end goal in mind when setting things up.

Data management and data visualization

Visualizing data helps to improve your company’s processes

Confirm data ownership

When you work on setting up your data model and cleansing your data, you might find data that doesn’t seem right. Then you will ask, who owns it? It’s essential for your company to keep track of the dashboards and their data. Data transparency is the critical factor that will help in process adoption and growth of your business.

How can we help you with your Data Management needs?

Magnitude Means Business Growth. We believe that to thrive in mobile based and social commerce; companies must adapt and iterate quickly. Also, we understand the urgency of now and pride ourselves on rapid execution and adaptation. Do not hesitate to speak to us about your next project. Schedule your free brand consultation today.

 

If you are looking for more articles on data management, check out these helpful links.

“5 Data Management Best Practices to Help You Do Data Right.”

“Automating Data Management and Governance through Machine Learning.”

“Protect Your Data with Data Governance.”

 

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