 |
 |
|
 |
| Master Data Management |
|
|
|
The Promise of Master Data Management
As a technology and a process discipline, MDM makes three fundamental promises:
- Consistency: the ability to utilize the same view of information to all relevant line of business applications (and hence, to their users)
- Accuracy: the implementation of technology and processes to ensure a high degree of accuracy in key data
- Completeness: the ability to generate complete views around core master data as it is reflected across various systems (for example, a complete view of all interactions and attributes of a particular customer)
In many ways, MDM delivers what business users have expected all along: consistent, complete and accurate data. However, MDM does this within the complex heterogeneous application environments within every large enterprise. What is truly exciting about MDM is that it enables this capability of complete, consistent and accurate data “before the fact” (i.e. before the relevant data is used by an application) rather than “after the fact” (as in data warehouses). |
|
Events
|
|
|
| |
|
|
|
