Master Data Management

Master Data Management

“Master Data Management (MDM) is the collection of policies, processes, framework and tools to enable the management of the master data in an organization. MDM is not a technology, rather it is the processes and governance around how you manage your data life cycle through acquisition, data quality and enrichment, sharing, storing, securing, synchronizing, archiving and disposing your master data. Tools and technologies will help you enable and automate these processes. In order to have MDM success, your entire organization need to be aligned...

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Why your MDM vision can fail

Master data management (MDM) Master Data Management is on the short-list for many CIOs, it is worthwhile to consider how MDM projects are spawning in organizations and how an organization can evaluate their potential for success. Recent surveys by some industry analysts recommend what the software mega-vendors such as IBM, SAP, and Oracle have been hyping—that CIOs must look at the MDM effort holistically and embark upon an enterprise-wide MDM initiative. Today, MDM is a seductive vision that is sold primarily to the CIO...

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Master Data Management

Master Data Management

In a connected world, collaboration and sharing are key principals. In particular, the faster our networks are and the better our connectivity is, the more your organization will benefit from information sharing and operational collaboration. In turn, as we share more information among our partners, our connectedness is enhanced as well. It is not just systems that work better together, but the people managing those systems forge better working relationships, leading to more effective management of the business and ultimately, to competitive advantage. However,...

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