Data management tools can assist businesses transform data into actionable insights, and analyze it to give them a competitive edge in today’s highly competitive business environment. The ideal tool should be secure enough to protect crucial information from external threats and internal users. It should have strong security features, which include techniques designed to deter cyber criminals.

Moreover, it should have the ability to recover from disasters and have rules and regulations that determine how long the organization should keep its data. In addition, it should provide flexible pricing models and storage options that permit organizations to scale up and down depending on the needs of their data processing.

When looking at data management products and solutions, it’s crucial to evaluate the vendor reputation data security solution in business which could impact customer satisfaction as well as support. For instance, some companies may oversell their products or force customers to sign an extended contract that is hard to break. Others may have a poor track record in handling performance or security issues.

A solid data management solution will integrate well with other tools, data sources and business processes, which helps businesses achieve a single point-of-truth (SSOT). It should be capable of connecting via APIs to databases, file types, on-premises data warehouses and cloud data lakes, as well as data lakes. It should also have an easy-to-use interface that makes it easier for non-technical personnel to use the platform’s tools. This is crucial because older systems, such as Informatica, have complex and varied user interfaces, which make it difficult to navigate.