What is data management?

Information management is a process in which an organization collects, stores, processes and distributes information efficiently and appropriately. Information management covers all activities that ensure that the right information is in the right place at the right time and for the right people. Information management helps organizations make better decisions, improve efficiency and create a competitive advantage.

What does data management include?

Information management includes several different areas, such as collecting, storing, organizing, analyzing and sharing information. Information management also includes ensuring information security so that sensitive information remains protected. In addition, information management often also involves the development of processes and tools, so that information can be managed as efficiently as possible.

Why is information management important?

Information management is important because it helps organizations utilize their information effectively and efficiently. Well-managed information helps organizations make better decisions, improve their processes and services, and create a competitive advantage in the market. In addition, good information management helps to reduce unnecessary costs and risks related to, for example, incorrect or incomplete information.

Sources:

• tool
• utilization of data is the basis of the company’s success