Flexible data management is an approach that involves creating and maintaining an data structure that is flexible to the needs of business. This allows businesses to better adapt and respond to changes in the business environment, enhance access to information and aid in decision making with the most accurate and current information.
The need for flexibility is becoming increasingly essential as companies struggle to keep up with the ever-changing business environment. Modern businesses are evidence that change is the only constant. If an organization’s infrastructure can’t keep pace with evolving requirements and goals it will soon become outdated.
Flexibility is a must for businesses to make use of their current and future information assets efficiently to gain competitive advantage. This can be accomplished through embracing the latest methods of monitoring the health of data pipelines as well as data pieces (known as „data observability”) which helps to detect and resolve issues before they affect the quality of data or security. This method offers an automated and proactive method of managing data that minimizes the need for human intervention and speeds up the process of solving problems.
Another benefit of flexible data management is https://boardroomreview.blog that it makes it easier for different teams to share information. Marketing can track and manage risk in a different manner than IT. However both approaches can be combined into one report that is easy to read and relayed to the top management of the organization. This is possible with tools like data federation, business glossaries and metadata-driven information dictionary.