What does the abbreviation EDM stand for in data management?

The abbreviation EDM stands for Enterprise Data Management. This refers to the set of practices, processes, and technologies that organizations use to collect, manage, and analyze their data assets across the entire enterprise to ensure the accuracy, accessibility, and security of data. Effective Enterprise Data Management helps organizations achieve better data quality, compliance with regulations, and improved decision-making capabilities.

Pragmatically, EDM encompasses various aspects such as data governance, data integration, data quality management, and data architecture, which all work together to enhance the organization's ability to leverage data as a strategic asset. This focus on enterprise-wide data coordination distinguishes EDM from other possible interpretations of the acronym, which do not encompass the comprehensive management of data across an organization.