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A well-executed data management strategy will help a company gain competitive advantages and increase its operational effectiveness. Well-managed data can assist organizations location trends and capitalize on prospects more quickly. Furthermore, data-driven decisions can reduce the risk of corporate compliance problems and data breaches, leading to better business efficiency. So , what is data managing and why is it so important to your business? Well-managed data is the foundation of any organization. It can make your company more perspicace, enables better decision-making, and reduces functional costs.