The average organization produces 3.5 quintillion bits of data every day. Companies must be able to manage this amount of data and turn it into an advantage. Data management software is the most effective method to achieve this.

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One of the most important features of software for managing data is the capacity to ingest data from multiple sources without the necessity of custom integrations or manual transfers. These programs allow real-time streaming and ingestion, which ensures data is always accessible for analysis and reports. Additionally, data management solutions usually have an intuitive user interface that allows users the ability to modify processes to update information, and analyze outcomes without the need for technical knowledge.

Data management tools should also be able to connect to any source of data, including databases, data warehouses or APIs, files, and unstructured sources. This allows companies to virtual data room easily collect and integrate data from any source, whether for analytics, business intelligence or reporting. These tools also facilitate the collection of data from different sources making it easier to work with less manual effort and removing errors.

Description: Riversand provides an all-in one master data management platform (MDM) that helps companies ingest data, cleanse it and regulate it. The vendor’s software includes an advanced tool for data governance that allows organizations to collect, classify and normalize data from both legacy systems as well as Hadoop. The solution gives teams to design and execute rules only once, and then reuse them in subsequent instances. It also comes with an in-built glossary for business and lineage visualization to make collaboration easier.