The amount of data being generated is accelerating. It comes in new forms and formats but data has a lifecycle. How are you managing yours?
Do you and your employees know what data you have and where to find it?
Data stored in isolated databases and applications are referred to as data Silos. A great deal of insight can be revealed from these silos.
Data has a lifecycle like anything else. Data is created, has a use and eventually is no longer required and should be archived or deleted.
The source of where to find any data sources in your business should be the data catalog. A single point where employees can find the data they need.
Creating and storing data is only half the story. Once you have it you need to protect it!
By classifying data we are able to see how protected it needs to be and apply those rules easily and automatically.
Data governance is the data management principle that focuses on the quality, security and availability of an organisations data.
Data gets left on trains in the physical world but in the virtual world we have a few more options to prevent that becoming a big problem.
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Moving from one application to another requires a data migration. Getting it right first time is imperative.
To run a successful data migration project you need a tried and tested data migration methodology
You need skilled data migration analysts and a data migration lead with experience in similar ERP, Finance or CRM migrations.
The final piece is domain knowledge. To perform a successful financial migration you need knowledge of finance.