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Data management strategy is the process of planning or creating strategies/plans for handling the data created, stored, managed and processed by an organization.
It is an IT governance process that aims to create and implement a well-planned approach in managing an organization’s data assets.
The key objective behind data management strategy is to develop a business strategy that ensures that data is:
Data management strategy should ultimately help an organization gain the best benefits from its data and data assets. These data can be master, operational, transactional or any other form.