In Part 1 of Emerging MDM trend series, I discussed about Multi-Domain MDM. This is second post in this series and here I will give you my views on aligning MDM with Business Process Management (BPM). Read more →
In Part 1 of the Reference Data Management (RDM) series, I gave an overview of Reference Data and discussed some of the key features of a RDM System. Part 2 looked into the challenges organizations face while dealing with reference data. This is the third post in this series and here we will explore three key phases involved in creating a RDM solution. Read more →
On 27 December 2012, I presented a Webinar on TechGig.com covering the Emerging Trends in Master Data Management
This session takes you though the evolution of MDM systems, the changes happening in MDM space over past few years and explains following trends which are coming up in a big way. Read more →
Attributes are the lowest level of data that give us knowledge and insight about customer data. There are attributes of specified length and type, simple and complex fields, lookup tables (or code tables), single and multi value attributes (typically found in product information management systems) etc. Read more →
Originally published on Hub Designs Magazine May 2012
Over the last few years, Master Data has been recognized as one of the most important types of business information to be managed. Organizations are heading in the right direction by implementing Master Data Management (MDM) systems to take control of critical data like customers, products, employees, suppliers, materials, locations, etc.
Master Data Management system delivers consolidated, complete and accurate view of business critical master information to all the operational and analytical systems across the enterprise. There have been numerous blogs, articles and whitepapers about how MDM helps organizations achieve business value, different approaches companies take to implement MDM and best practices followed.
In this blog post, I am trying to list down some of the important features the Master Data Management product (or the MDM solution in general) should have so that the organizations implementing MDM can realize maximum benefit from the initiative in a short duration of time.