The data of an organization is known as one of the most important assets of a company. It’s said that organizations that don’t understand the importance of managing their databases are less likely to survive in today’s economic landscape. Therefore, it is essential to understand the importance of managing data in an easy and intuitive way, being able to access all company data from a single place, resulting in better analysis for decision making.

The following article will highlight the importance of having an interface that allows easy access to all company data in real time and from a single management centre.

What is data management about?

Data management is about capturing, maintaining and using data in a secure, efficient and cost effective way. The goal of data management is to help people and organizations to optimize the use of data so that it can be analyzed effectively.

Collecting and using data intelligently has helped us not only to survive but also to develop as a society, because information has always been one of our most valuable resources.

After collecting data, it is important to manage it well, as it can optimize the performance of each and every department in a company.

10 reasons why you should include a data acquisition system in your company

Benefits of data management from a user-friendly interface

It is easy to overlook the importance of data management, but poor data management can cost companies thousands of euros per year. On the other hand, the benefits of having a platform that is easy and intuitive to use and operate are manifold:

Reduce errors to a minimum
Working with clear and legible data offers greater security in the execution of daily activities, making it possible to understand the results in a more precise and transparent manner. This makes it possible to identify what problems are occurring and even to foresee future problems. Because of this, it is important to make use of an accessible and understandable interface to understand the data correctly and minimize errors.

Data protection
Data security is an essential aspect of information technology as it prevents intrusion into the company’s most sensitive private information. It is therefore a good back-up for determining levels of data access and authorization.

Increased efficiency
Easy access to an entity’s data significantly increases a company’s efficiency by optimizing decision making through continuous access to information.

Cost savings
Although the initial investment in an accessible data management platform systems is high, this technology can reduce costs due to more accurate, clear and secure decision making. In addition, this access to data allows us to anticipate future failures of any of the company’s assets.

Time optimization
These systems allow easy and intuitive access to data, which prevents a worker from spending long hours analyzing data and can be dedicated to increasing the company’s production. This improves productivity and optimizes time.

When it comes to a company’s information, accessibility is a very important factor, as all of the above factors depend on it. Poor data management could be, in part, the failure of a company.

The User-Friendly interface of the Nexus Integra integrated operations platform offers an accessible solution for managing all of an entity’s data.

Nexus Integra, the User-Friendly platform you need

The Nexus Integra integrated trading platform has a fully intuitive and highly configurable user interface. It automates the connection of data and allows easy access to business information, streamlining informed decision making.

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