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Data Quality Management Market is Considered as One of the Rapidly Growing Dynamic Markets

02-17-2018 12:13 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

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Data Quality Management Market is Considered as One of

In the past years, data quality management has become a key concern for big companies in various activities such as data integration, customer relationship management, and regulatory requirements etc. Many organizations are extracting data from various sources and using it for multiple purposes. Data quality management is difficult as well as crucially important. Ensuring the quality of data has become very difficult when it integrates data from multiple sources.

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Data quality management tools are linked to data cleansing tools such as data cleansing, data profiling, data monitoring etc. that helps in eliminating inconsistent data. Many organizations have started using this automated data cleansing and profiling tools that help in eliminating unusable data that is created from human data entry error.

Data quality plays an important role in data analysis as well as in taking decisions whether the data is correct or not. Standardized data quality processes help in accessing and extracting the information easier. Widespread data management capabilities combined with enterprise data quality management tools help organizations to meet organizational goals.

Real-time data standardization helps in increasing adoption of data analytics. This factor resulted in the huge growth of data quality management market.Complexity in the integration of data from multiple sources is expected to hamper the growth of data quality management market.Automated data cleansing and profiling tools are the latest tools used in data management which is expected to create opportunities for data quality management market.

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Few prominent players in Data Quality Management market include Information Builders, Talend, Microsoft Corporation, Syncsort, IBM Corporation, Pitney Bowes Inc., Informatica, Oracle Corporation, SAP SE, SAS Institute Inc. and Experian PLC.

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