Chapter 9. Realizing the Benefits of Logical Data Management
Thus far, you’ve seen the benefits of logical data management from a technical viewpoint. You’ve seen how it overlays and connects diverse data sets, reduces data replication, and provides a central location for managing data within your organization. You’ve seen its relevance in data mesh, data fabric, data governance, and GenAI. But what does logical data management mean to your company in terms of improving the experience of your customers, employees, and other stakeholders? How can this approach reduce costs and increase revenue? This chapter digs into the benefits of logical data management from a business perspective to help you understand more clearly the benefits it provides to your organization.
To begin, let’s examine the benefits at a high level. There are three major ways your organization can benefit from a logical data management approach: 1) more insights and better decisions through data democratization, 2) better customer experience, reduced risks, and lower costs through improved business operations, and 3) IT infrastructure optimization:
- Data democratization
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We’ve already explored how logical data management can make data accessible to employees at all levels of the organization, but what benefits does that provide? Democratization enables all employees to utilize data to make better and more timely decisions. This approach empowers them to improve their own productivity, reduce waste, and deliver ...
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