Tracing the Role of Enterprise Data Management Systems in Work-From-Home Culture

The fundamental building block of any information technology or automation company is data. With the emergence of Big Tech and growing expanse of digitization, the importance of data has increased manifold. Today, data is collected at every step of our life and is processed, stored, and used by information technology companies to better their service delivery mechanism for their customers. The rate at which the reach of digital networks is growing has led many experts to label data as “the new oil”. In such a scenario, from the point of view of a company, enterprise data management becomes extremely crucial to better analyze, stack, process, store, and utilize data points collected from its customers.

Role of Enterprise Data Management in Work-From-Home Culture

Ever since the Covid-19 started spreading in China in December 2019, governments across the globe started imposing lockdowns and restrictions on travelling abroad. As a result of this, many of the companies, both public and private, had to shift to the work-from-home model. This was even more necessary for the companies which had branches, workforce, and operations all over the world. Today, even though the pandemic has largely subsided, and things are slowly returning to normalcy, companies aren’t that interested in shifting back to the earlier work-from-office model. This is mainly because they quickly adapted to the change brought in by the pandemic and managed their operations effectively with the help of enterprise data management strategies. The role played by enterprise data management systems during the pandemic period can be understood from its startling market numbers; as per a Research Dive report, the global enterprise data management market is expected to garner a whopping $224,520.1 million by 2031. Apart from huge demand during the pandemic, market analysts point to growing adoption of advanced data management tools by large and medium sized enterprises as one of the primary reasons behind the growth of enterprise data management.

The most basic advantage of enterprise data management is that it helps in designing and establishing a data governance framework. In this aspect, enterprise data management helps in developing policies, strategies, regulations, etc., that can act as a guiding light for the organization. Moreover, it can also help in defining and assigning roles and responsibilities to the employees while at the same time setting some data and work quality rules. This becomes extremely important especially when most of the workforce is working remotely instead of working together in an office.

Another important benefit of employing enterprise data management systems in an organization is that it provides support in creating data access and control practices and implementing encryption technologies. This ultimately creates a security architecture that aids the organization in monitoring the data access and develop data cleansing processes. For this function, enterprise data management systems use key performance indicators to assess the quality of data and provide insights and suggest corrections and adjustments for improving the security and quality of the data, thereby enhancing the performance. Additionally, data management systems help in integration of data silos which becomes a necessity in case the employees are generating and analyzing data daily that too from different locations.

Enterprize data management systems also facilitate a way to keep employees updated about the data analytics of the company and notify them about the changes in the organization’s working and its impact on them. For example, an enterprise data management system will notify all employees, company’s clients, business partners, etc., if there is a change in the budget allocation strategy of the company and will also give a detailed idea to these stakeholders about the change in the relationship this budgetary policy will bring. Regular business update feature of enterprise data management was probably the main reason as to why this management technology fared well during the pandemic.

In Summary

Enterprise data management systems have helped small, medium, and large companies to continue their operations despite the ranging pandemic. The increasing trend of shifting to cloud-based databases has offered tremendous growth opportunities to enterprise data management systems. In a cloud-based data architecture, the role of data management system further widens; the data management system is then expected to create data pipelines for introduction of automation process that smoothen the operations of the organization. Thus, with the advent of work-from-home culture, cloud-based databases, and advanced technologies, the popularity of enterprise data management is set to rise exponentially in the coming period.

About the Author(s)

Princy A. J

Princy holds a bachelor’s degree in Civil Engineering from the prestigious Tamil Nadu Dr. M.G.R. University at Chennai, India. After a successful academic record, she pursued her passion for writing. A thorough professional and enthusiastic writer, she enjoys writing on various categories and advancements in the global industries. She plays an instrumental role in writing about current updates, news, blogs, and trends.