What are Data Management Services – when you might need them and how to get started

As highlighted by TechJury, around 95% of organisations are investing in big data and AI. The power of big data is undeniable, with Netflix saving over 1 billion USD per year on customer retention. Therefore, data management has become a necessity for a majority of organisations across all industries.

There are multiple ways in which you can approach data management services and every organisation will differ in what their end goal is. In this article, we will look at what constitutes data management services, when you might need to invest in them and how actually to get started.

What are data management services?

Data management services can be used as an umbrella term to reflect several services that come within it. There are a wide range of data management services on offer which will vary depending on the client and the provider. However, generally speaking, data management services if the process of ensuring your data is performing in line with expectations. Here are some data management services that can help ensure that:

• Building, maintaining and optimising data warehouses, data lakes, data marts and databases
• Data pipeline development, ETL Development, ETL automation
• Data migration solutions
• Ongoing operational monitoring and support services
• Data infrastructure support services

When will you need data management services

There are many instances in which you would require data management services and some of them include:

Growing data

Data is growing exponentially and your current team/resource structure may not be able to handle the increase, therefore you may look to outsource some help.

Data sources

You may require a data pipeline to be built to put data from a new source, this can be a database, a cloud-based software such as a CRM, document storage such as SharePoint and many more.

Slow performance

Whether you are getting delayed results for your big data queries or slow speeds when it comes to data reporting, you will want to improve your performance. This will depend on the project, however, if you are dealing with the poor performance it may be time to invest in data management services.

Cost saving

Every organisation looks to save costs, however, if your data costs are creeping up you may want to seek expert help on cost saving when it comes to data. For example, you may be using a combination of on-premise and cloud storage solutions which can be quite costly, so you might want to migrate all your data to the cloud.

How to get started on effectively managing your data

There are multiple approaches you can adopt when it comes to managing your data effectively and they include:

Managing data internally

If you have high performing data team in-house, then managing your data is most likely the way to go especially as they will have a better understanding of your data, business goals and objectives. However, if you are looking to build a data engineering team it can be a very cost and resource-heavy process. Therefore, you might want to consider outsourcing your data management.

Outsource data management

Outsourcing your data management to the right data engineering company can provide invaluable benefits including access to expert and experienced data engineers, peace of mind, and cost-effectiveness. When it comes to outsourcing data management, you should consider the following factors in line with the potential provider:

• Data management expertise and skills
• The data platform technologies
• Types of data storage used
• Data security measures in place

Read the full article on what to consider when outsourcing data management.

Hybrid data management

A hybrid approach is most suitable for organisations that have data engineering professionals but require additional resources or skill-specific expertise. This is when you will need to hire professionals that will work alongside your team to achieve common goals. A hybrid approach to your data management team can offer an enhanced skillset, productive teams and cost efficiency.

Ardent data management services  

Every organisation will have their unique set of challenges and will require a tailored, customised approach to help overcome them. At Ardent, we pride ourselves on taking on our client's challenges to deliver a solution that is the right fit for them. We have worked with clients ranging from small independent companies to large global companies to deliver data engineering excellence for over a decade. If managing your data internally is becoming a challenge, then we can help. You can have peace of mind knowing your data is in expert hands as our data engineering team can cover your entire data management process or work as part of your team on a project basis. Explore our client success stories:

• Highly sophisticated data indexing tool to process a variety of data for leading brands to create targeted TV advertising
• Making data science efficient with expert operational monitoring and support to ensure data availability
• Robust, scalable data pipelines with AWS infrastructure for powerful insights driving growth for global brands

Get in touch to find out more to discover how we can help you unlock the potential of your data.

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