Data Management for Dummies

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In the beginning was the Word. What is the “Word”? For the purposes of this article, the “word” is Data or Information. It is the basis of all things. Why do we pay so much attention to things rather than the information about them? “Things” are what we can see. “Information” or “Data” about things is what we know about them. One thing may have different definitions, and its Information / Data may vary. These ideas really belong in a philosophy course. The better definition you have, the better you understand the thing itself. Data or Information about things is as important as the things themselves. If you have things but you don’t have information about them, you may have to consider that you don’t really have these things. This presentation is for people who think that Data or Information is an issue for them. For those who think they can own and not understand. This is Data Management for Dummies.

Business

ATTENTION
DATA i
(“Data Management for Dummies”)

Dmitry Kovalchuk

You plan resources

You pull resources

You store resources

You plan resources

You pull resources

You store resources

You utilize resources

You manage your
resources to be
effective

Data volumes grow much
faster than your other resources
V

About 40% a year

$

t

Perhaps your data is…
no longer timely
hard to access

Perhaps your data is…
no longer timely
hard to access
poor quality

Perhaps your data is…
no longer timely
hard to access
poor quality
incomplete

Of course you can
take steps
to avoid these problems

ATTENTION
if you don’t manage data
it can become a
cancer…

It can be invisible - you
might not know about it

Hundreds of companies
have avoided this
bad situation

They manage their data
like other resources

Their data is always…
in the right time
and place

Their data is always…
in the right time
and place
the right volume

Their data is always…
in the right time
and place
the right volume

the right quality

Their information is
accurate

They make
intelligent decisions

Their information is
accurate

They make
intelligent decisions

They trust their
decisions

Start with the most
important information –
Master Data
materials sites customers
products services
equipment
suppliers employees
assets partners

Start small – choose
one data domain
CRM DWH

ERP Other
Customer
Master Data

such as Customer Master Data

Big
Metadata data Transactiona
l data
Enterprise
Reference Information Unstructured
data data

Other data
Master data

Think Big – move towards
Enterprise Information
Management

Responsibilities
Accountability
Procedures
Processes
Standards
Policies
Metrics
Roles

Stable Data Governance

Measure the quality of
data and business
benefits

Your data is a usable,
trustworthy resource

Thank you for attention
see more

http://mdmcommunity.ning.com/

http://www.linkedin.com/groups/MDM-World-4558032/about

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1. ATTENTION DATA i (“Data Management for Dummies”) Dmitry Kovalchuk

2. Your company depends on resources

3. You plan resources

4. You plan resources You pull resources

5. You plan resources You pull resources You store resources

6. You plan resources You pull resources You store resources You utilize resources

7. You manage your resources to be effective

8. You manage finances

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12. Why don’t you manage your data?

13. Data is not a trivial resource

14. Data volumes grow much faster than your other resources V About 40% a year $ t

15. Perhaps your data is… no longer timely

16. Perhaps your data is… no longer timely hard to access

17. Perhaps your data is… no longer timely hard to access poor quality

18. Perhaps your data is… no longer timely hard to access poor quality incomplete

19. I hope you are aware of this problem

20. Why do you put up with it?

21. Imagine that your other resources…

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23. are hard to access

24. are poor quality

25. are incomplete

26. Of course you can take steps to avoid these problems

27. ATTENTION if you don’t manage data it can become a cancer…

28. It can be invisible - you might not know about it

29. It penetrates everywhere

30. It harms you from the inside

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35. But I have good news for you

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39. Their data is always… in the right time and place

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41. Their data is always… in the right time and place the right volume the right quality

42. Their information is accurate

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47. It is NOT simple: Manage Your Data

48. Best practices to get you started

49. Start with the most important information – Master Data materials sites customers products services equipment suppliers employees assets partners

50. Start small – choose one data domain CRM DWH ERP Other Customer Master Data such as Customer Master Data

51. Big Metadata data Transactiona l data Enterprise Reference Information Unstructured data data Other data Master data Think Big – move towards Enterprise Information Management

52. Responsibilities Accountability Procedures Processes Standards Policies Metrics Roles Stable Data Governance

53. Implement prescriptive technologies

54. Measure the quality of data and business benefits

55. All this leads to:

56. Your data is a usable, trustworthy resource

57. Thank you for attention see more http://mdmcommunity.ning.com/ http://www.linkedin.com/groups/MDM-World-4558032/about

Data Management for Dummies

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