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A well-executed data administration strategy can assist a company gain competitive positive aspects and boost its operational effectiveness. Well-managed data can help you organizations location trends and capitalize on options more quickly. Furthermore, data-driven decisions can decrease the risk of corporate compliance problems and data removes, leading to better business functionality. So , what is data management and why is it so important to your business? Well-managed data is the foundation of any business. It can make your business more vif, enables better decision-making, and reduces detailed costs.