Data management: Managing data as an organisational resource

Abstract

Managing data as a resource is an important function of information management. Accurate and relevant data is the source of valuable information. By managing data efficiently, sound management decisions can be made. The traditional file environment is not appropriate for managing data; database management systems are the most popular choice for managing data effectively. Some of the broader trends in data management include outsourcing, data reuse, data re-engineering, archiving, data warehousing and data mining.