In the modern world where information technology has become the most important element for all businesses, it is very important to keep a track of all the data that is involved both internally and externally in your business. There are extremely vast and versatile sources of data and so keeping a track of which data comes from where, and how the company can make the most of it is essential nowadays. Data has become one asset of the company and therefore applying tools and techniques like data mapping has become the need of the hour. Ethyca will help you to build trust in the Internet and data-driven business.
What is Data Mapping?
Before moving on with compliance issues regarding data and how companies can comply with the GDPR, one must know what data mapping actually is. Data mapping is primarily matching different fields of data from enormous data sets into an organized, schemed, and centralized database. Data mapping is important since it helps companies make sense of what is going on internally regarding data. This is done by migrating data, ingesting and processing it, and ultimately managing it in a way that it becomes easy and convenient to read and comprehend. For instance, many companies go for data mapping by Ethyca. Data mapping can be done by different data mapping tools that are now readily available in the physical and virtual markets. Whatever tool a company might use though, ultimately, the goal of data mapping is to centralize the data sets and homogenize them into a single one.
Why Is It Helpful to Map Data?
Usually, nowadays companies are filled with incoming and outgoing information since businesses are directly involved in managing data. The information influx can become a pain for the management if it is not managed properly. Raw data is not only difficult to manage but also very complex, making it fairly difficult to comprehend. In such a scenario, it must organize the data sets into something that is not only readable but also understandable. Therefore, companies go for data mapping since it is both effective. Proper data mapping can lead to an increase in productivity as well, since this method of managing data can help different departments make sense of their internal affairs. Mapping data can help companies understand their customers and clients much better. This enables businesses to make business-related decisions keeping in mind the needs and wants of their customers.
GDPR Data Mapping & Compliance
GDPR is an acronym for the General Data Protection Regulation. This regulation is usually complied with by various organizations. Complying with this is important for organizations since it enables them to map data, flows to access different risks related to privacy. Data mapping can help you comply with the GDPR once you opt for the Data Flow Mapping Tool. This tool helps you organize data in a way that is acceptable according to different regulations put forth by governments, and it falls under Article 30 of the GDPR.