Marketing

The Latest Data Management Trends You Need to Know About

The Latest Data Management Trends You Need to Know About

Using data to learn more about consumers and your industry is crucial for the long-term success of your business. Studies show that over 95% of the businesses in the United States have a need to manage unstructured data. Simply collecting data without organizing and managing it is a bad idea. Unorganized data will be useless to your business which is why finding out about and embracing modern data management trends is so important. While most business owners use data management tools to do things like verify email addresses, many of them fail to realize these same tools can be used on their unstructured data. If you are trying to find a way to manage a bulk list of email addresses that need to be verified, try these tools and services. If you are attempting to manage your unstructured data, consider the useful information below.Adjusting to New Data Regulations Can Be Difficult One of the main concerns you should have when managing the data of your business is to stay compliant with the laws placed regarding data. The California Consumer Privacy Act has gone into effect in 2020. These regulations are good news for tech-savvy consumers but are causing a major disruption to business owners using traditional marketing methods. Instead of getting fined as a result of not complying with these new regulations, you need to audit your existing data collection and management procedures. Failing to properly protect the sensitive data you collect from consumers will not only damage your reputation, but it can also lead to large fines from the government as well. This is why you need to dig deep into your existing data collection and management strategy to ensure there are no loose ends that need to be tied up.The Rise of Streaming Data Staying on the cutting edge of technology is crucial for business owners trying to get ahead. If your main goal is to monitor data in real-time, then you need to embrace the power of streaming data. This data will have to integrate into your analytics and reporting systems. By doing this, you can review in real-time the behaviors consumers are exhibiting on your website. While integrating real-time streaming data into your existing framework may seem like a straightforward and easy process, it is anything but. If you are using a legacy system like IBM to power your existing mainframe, you may hit a brick wall when trying to integrate streaming data into this system. Allowing IT professionals to audit your existing data management infrastructure can be helpful. The information from this audit can help you figure out what changes need to be made to facilitate the changes you want to make.Source- PixabayScalable Data Platforms In the past, business owners had to build their own data management systems and power them with onsite servers. Not only was this process extremely expensive but it was also an unreliable way to handle such a task. Over the past few years, cloud-based data collection and management systems have become increasingly popular. Platforms like MongoDB and Azure Data Warehouse are revolutionizing the ways business owners collect and use their data. One of the best parts of using a cloud-based data management platform is the scalability they provide. If you see a dramatic increase in the number of customers you serve, you can easily scale a cloud-based data management system to meet these needs. When experiencing this growth with an outdated onsite server powered system, you will have to spend a lot of time and money to scale your production. Not only is cloud-based data management easy to alter, but it is also very affordable. This is a piece of great news for business owners who want to use the latest data management tools but want to avoid large overhead costs. Before choosing a cloud-based data management platform, you should consider things like price and the level of security being offered.Conclusion Instead of using outdated tools to manage your company’s data, you need to step into the future. The longer you use these outdated tools, the harder you will find it to stay competitive. With the help of IT professionals, finding and implementing the right data management solutions will be easy.

Author

I hope you enjoy reading this blog post.

To keep yourself upgraded with the latest web and mobile app development updates click here.

You might also like

Connect with us

About Webclues

WebClues Infotech is a complete Web & Mobile Solution provider based in USA, INDIA & UK. We help you to define your business processes and accelerate growth and potential by designing efficient solutions.

Learn More

Our Portfolio

WebClues Infotech is ready with the IT support and expertise you need to make your IT projects work better for you and allow you to stay focused on running your business.

Hi! Ping Us

Contacting us is the first step towards success.

secure-icon12 We respect your privacy and do not tolerate spam and will never sell rent lease or give away your information (name, address, email, etc) to any third party. Nor will we send you unsolicited email

Regional Contact Info

We can give you the Wings to Fly. Contact us now!

USA

USA

Delaware

8 The Green, Dover DE, 19901, USA

New Jersey

513 Baldwin Ave, Jersey City,
NJ 07306, USA

California

4701 Patrick Henry Dr. Building
26 Santa Clara, California 95054

India

India

Ahmedabad

1007-1010, Signature-1,
S.G.Highway, Makarba,
Ahmedabad, GUJARAT 380051

Rajkot

1308 - The Spire, Near Parijat Party Plot-Sheetalpark, 150 Feet Ring Rd,
Manharpura 1, Madhapar, Rajkot, GUJARAT 360007

Australia

Australia

Queensland

120 Highgate Street, Coopers Plains, Brisbane, Queensland 4108

UAE

UAE

Dubai

Dubai Silicon Oasis, DDP,
Building A1, Dubai, UAE

UK

UK

London

85 Great Portland Street, First
Floor, London, W1W 7LT

Canada

Canada

Burlington

5096 South Service Rd,
ON Burlington
L7l 4X4