Master Data Management: An Enterprise’s Key Asset to Bring Clean Corporate Master Data

Master Data Management: An Enterprise’s Key AssetMaster Data Management: An Enterprise’s Key Asset
to Bring Clean Corporate Master Datato Bring Clean Corporate Master Data
This presentation is brought to you by EnterWorks.com
Over the last several decades, IT landscapes have proliferated into
complex arrays of different systems, applications and technologies.
Eventually, this fragmented environment has created significant data
problems. These data problems have considerably broken business
processes, customer relationship management, supply chain management
and enterprise resource planning, for covering that corporations have
come down with billions of dollar a year. The arrival of Master data
management MDM solutions has attacked the enterprise’s data quality
problem at its source on the operational side of business. The market of
MDM solutions is imperatively and quickly expanding across geographical
locations.

Modern business analytics on the top of terabyte sized data warehouses
are increasingly producing even more relevant and actionable information
for decision makers. The data sources spilling from them are reporting
accuracy. The key to all this is MDM. What are the architectural
components of MDM that is progressively supporting and augmenting SOA
and BI systems. Let’s ponder.

1. The technology to profile, consolidate and synchronize the master data
across the enterprise.
2. The applications to manage, cleanse, and enrich the structured and
unstructured master data.
Architectural Components of Master Data
Management MDM Solutions:

A source system management capability to fully cross reference
business objects and to satiate seemingly conflicting data ownership
requirements.
A continuing data cleansing function to maintain data and keeping
it up to date.
A comprehensive data security system to control and monitor data
access, update rights and maintain change history.
A data quality function that can find and eliminate redundant data
while insuring correct data attribute survivorship.
A single managed platform for controlling all master data objects in
order to prevent the mushrooming of all silos of information on the
top of the existing fragmentation problem.
An analytical foundation for directly analyzing master data.
An internal triggering mechanism to create and deploy change
information to all connected systems.
A business intelligence structure to support profiling, compliance,
and business performance indicators.
Characteristics of an Ideal Master Data Management
Application:

A comprehensive MDM solution should be able to manage all
master data objects which include customer, supplier, site, account,
asset and product. And objects such as invoices, campaigns,
service requests also need consolidation, standardization,
cleansing, and distribution which also has to be accomplished by
MDM. Therefore, a master data must essentially reside in data
models. An MDM solution is backbone to any product or service
based company.
Once you embark the master data journey and deploy its software
and solutions in your enterprise, all content related data can be
easily governed. EnterWorks offers highly flexible and dynamic
master data management solutions and software to meet every
enterprise’s product description and master data needs, check them
out!

EnterWorks EnterWorks
Deliver differentiated experiences across your content value chain with
EnterWorks, your Product Information Management provider.
www.enterworks.com
Contact Us
info@EnterWorks.com
888.242.8356

Master Data Management: An Enterprise’s Key Asset to Bring Clean Corporate Master Data

More Related Content

What's hot

Viewers also liked

Similar to Master Data Management: An Enterprise’s Key Asset to Bring Clean Corporate Master Data

Recently uploaded

Master Data Management: An Enterprise’s Key Asset to Bring Clean Corporate Master Data