Data Catalog: One-Stop Solution for Data Management Needs

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Data Catalog: One-Stop Solution for Data Management Needs Data Catalog
Table of Contents

Introduction

The data catalog has become one of the important components of modern data management strategy. Not only do data catalogs act as repositories for all of the organization’s data, but they also serve many other purposes, from reporting to governance to even identifying new opportunities for business growth.

The goal of a data catalog is to collect all of the organization’s information assets in one place so that they can be easily accessed and managed. This article explains what data catalogs are and how you can get started with them in your organization today.

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What is a data catalog?

A data catalog keeps a record of all the data assets. It is a repository of metadata that describes the organization’s data assets. Metadata about each asset is called a data catalog record. It makes data a real asset for your organization. Using data catalogs to store information about your data can make it easier to organize, search, and manage the information at your disposal. It assists analysts and other data users in accessing the data they want.

The Modern data catalog has made collaborative work easier and data sharing between departments much more seamless. These catalogs help organizations to streamline their processes by reducing duplication and redundancy. They also provide valuable insight into how an organization uses its data. By tracking metadata over time, these catalogs can be used to monitor trends in usage and identify opportunities for improvement. In short, a data catalog makes it easier to get more out of the data.

In this digitalized world, data has become the most significant competitive arena of our time but, according to a report published by Harvard Business Review, 52 percent of organizations admit to not competing on data and analytics. It’s alarming to see that businesses aren’t making use of the data they have readily in hand to make decisions. Cataloging the data can be a great start to the implementation of data management in an organization.

Importance of data catalog in data management

Data catalog has recently become a buzzword in the business realm. It is becoming a more important aspect of enterprise data management as a way to create a successful data strategy. It enhances the clarity, precision, and speed of the data. Businesses can use these tools to identify what data exists, where it is stored, and how it is used. This information helps businesses make more informed decisions about their data storage needs.

Benefits of data catalog 

Data is often referred to as the new oil for its potential to create profits and give companies a competitive edge. It’s not surprising, then, that many businesses are looking for ways to better manage their data. 

Using a data catalog will help keep track of where a company’s information is and what it means, giving you an advantage over competitors that lack a catalog. There are many other benefits of using a data catalog, including:- 

  • Help gain a unified view of the data and enable finding the right data easier.
  • Improved collaboration between departments and increased efficiency through streamlined processes. 
  • Easier access to important business information leads to faster decision-making and Increased business agility. 
  • Accelerates productivity and provides organizations a competitive edge.
  • Improves data management of an organization. 
  • Increase the level of trust and confidence in the data.
  • Enables better data usage and analysis and eliminates errors and is Cost effective.

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What Features Should a Data Catalog Provide?

A data catalog should help you manage all of the company’s disparate data sources and provide a single view of that data, as well as tools for accessing it. Here are some features to look for in a data catalog –

Data discovery – It should be able to discover valuable data sources inside the company’s systems automatically including spreadsheets, databases, and more. It should be able to continuously discover new data sets and retain a record of the previous data.

Data search – It should allow for flexible searching so that users may quickly find relevant, new, and trusted data sets. 

Metadata collection – Ensure the catalog can extract metadata from different data sources. It should additionally facilitate managing any type of metadata.

Business glossary – A business glossary is a collection of business terms. A business glossary feature is needed in order to link the searched information to business words and describe what particular information means to an end-user.

Monitoring quality and spotting errors – The tool should be able to monitor data quality and allow continuous correction of errors. 

Automation – Automated catalogs not only improve speed but also save time and increase employee productivity.

Data is at the heart of any organization, and without a data catalog, it can be difficult to keep track of all your assets and how they’re being used. A data catalog enables us to make data management more easier and efficient. Implementing a data catalog will help you get more out of the business by making sure that everyone has access to important information in one place. It will also allow us to identify trends and patterns within the data so that we can focus on using it most effectively.

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Great Research
Fast Insights
Best-in-class ROI

Voxco’s platform helps you gather omnichannel feedback, measure sentiment, uncover insights and act on them.

Join 500 + global clients across 40+ countries