Future Data Management

Summary of Future Data Management

Future Data Management
With the evolution of the computing industry, which is a mere 50 plus years old, data management practices and careers are evolving in a similar fashion. We’ll definitely experience additional changes driven by changes in technology with an increase in the growth of data being delivered on mobile devices. These changes will require increase need for high-quality data for decision-making.

The computer industry evolution will require tools and techniques to manage data and it will drive a cultural transition as well. The business culture will change since business executives and professionals will make demands for the management of data. The current environment is full of redundant, low-quality, disparate data affecting the information required for decision-making. The cultural transformation that will occur is that business professionals will team up with data management professionals to focus on high-quality, non-redundant, business decision-making data. The transformation will focus on the discipline of data management.

The discipline of data management will continue to demand expertise. Various roles and responsibilities include: Chief Data Manager or Architect, Data Architects, Data Modelers, Data Stewards, Database Architects, and various data technicians. Each of these roles demand a particular set of skills that may include: mathematics (like set theory), statistics, linguistics, logic, philosophy, inductive and deductive reasoning, inter-personnel communications, writing, presentation skills, and a solid foundation in business fundamentals.

Summary of Trends
The availability of data from so many difference sources drives today’s organizations to constantly pursue the latest data from reliable and accurate sources. The implications of having data at our fingertips at anytime and anywhere is our reality. Data is captured from many sources: databases, files, blogs, email, images, satellite, cameras, video, and other related sources. Mobile technology is changing the landscape for most businesses because the speed of the delivery of data to these devices makes fact-based informed decisions much more suspect. Why?

As the current century unfolds, business professionals and data management professionals will partner to organize, structure, relate, monitor, assess, deliver, and dispose data as needed by organizations as a matter of survival. The partnering efforts will drive the data management profession to support a business asset management approach.

Business Asset Management