What does Enterprise Data Management (EDM) mean?

Enterprise data management (EDM) is an organization's ability to effectively create, integrate, disseminate, and manage data for all enterprise applications, processes, and entities requiring timely and accurate data delivery. EDM is also a concept that addresses the transmission of different data sets within processes and applications that rely on the consumption of these data sets to complete business processes or transactions.

The main purpose of EDM is the removal of organizational issues and conflicts resulting from the mismanagement of information and data by implementing a structured data delivery strategy - from data producer to data consumer. EDM is comprised of software applications, computing and network infrastructure, business logic, and policies used to manage enterprise data flow

An organization implements EDM through a variety of processes and requires collaboration through different departments, such as IT, finance, and operations.