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This document describes the importance of properly managing master data in an organization and business challenges that come up as a consequence of fragmented,
poor quality and non-standardized master data. The paper also attempts to take an Information Management Strategic approach to providing business with the right view on Master Data
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White paper to grow Sales through gaining a better understanding of your customers, and how they buy and interact with your business through the entire customer lifecycle.
This document describes the importance of properly managing master data in an organization and business challenges that come up as a consequence of fragmented,
poor quality and non-standardized master data. The paper also attempts to take an Information Management Strategic approach to providing business with the right view on Master Data
Making Information Management The Foundation Of The Future (Master Data Manag...William McKnight
More complex and demanding business environments lead to more heterogeneous systems environments. This, in turn, results in requirements to synchronize master data. Master Data Management (MDM) is an essential discipline to get a single, consistent view of an enterprise\’s core business entities – customers, products, suppliers, and employees. MDM solutions enable enterprise-wide master data synchronization. Given that effective master data for any subject area requires input from multiple applications and business units, enterprise master data needs a formal management system. Business approval, business process change, and capture of master data at optimal, early points in the data lifecycle are essential to achieving true enterprise master data.
Gain Business Insight & Sales Success with CRMTroyMuise
White paper to grow Sales through gaining a better understanding of your customers, and how they buy and interact with your business through the entire customer lifecycle.
Loaded Technologies is a consulting firm that designs and delivers smart solutions to unlock your customer potential, utilising CRM (Customer Relationship Management), Web, Marketing Automation and Business Intelligence software.
Our capabilities: CRM breadth & depth, backed by strategic, operational and technology expertise:
- Business strategy and execution: Top tier management consulting and executive leadership experience.
- Technology depth and breadth: delivering and supporting complex integrations and deployments.
- CRM breadth: 30+ years in total CRM experience
We've partnered with leading CRM (Customer Relationship Management), Web, Marketing Automation, and Business Intelligence software companies, including SugarCRM, HubSpot, Pardot and JasperSoft to bring their products to the Australian market.
BearingPoint's SAM approach enables customers to have control over the risks and complexities of software entitlements, optimize the use of software assets and minimize license consumption and costs. Customers will be able to make smarter decisions based on data they can trust.
BearingPoint helps clients develop a Customer Relationship Management platform to orchestrate and enhance sales, customer and activity management with the help of a comprehensive transparent and user-friendly UI design.
Vendor Landscape: CRM Suites for SmallEnterprises
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differentiator.
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Modern Software Licensing: New Trends and Optionslisaabe
Virtualization, Software Streaming and Cloud Computing,
Data Centre Backup, Software Shelving, Desupport and Tied Selling all create modern software licensing issues that are discussed in this presentation.
The presentation also reviews the new trends in licensing of Third Party Products and Open Source Software as well as new
Pricing Models for modern software licenses.
Loaded Technologies is a consulting firm that designs and delivers smart solutions to unlock your customer potential, utilising CRM (Customer Relationship Management), Web, Marketing Automation and Business Intelligence software.
Our capabilities: CRM breadth & depth, backed by strategic, operational and technology expertise:
- Business strategy and execution: Top tier management consulting and executive leadership experience.
- Technology depth and breadth: delivering and supporting complex integrations and deployments.
- CRM breadth: 30+ years in total CRM experience
We've partnered with leading CRM (Customer Relationship Management), Web, Marketing Automation, and Business Intelligence software companies, including SugarCRM, HubSpot, Pardot and JasperSoft to bring their products to the Australian market.
BearingPoint's SAM approach enables customers to have control over the risks and complexities of software entitlements, optimize the use of software assets and minimize license consumption and costs. Customers will be able to make smarter decisions based on data they can trust.
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Vendor Landscape: CRM Suites for SmallEnterprises
Adopt a dedicated Customer Relationship Management (CRM) suite for
integrated automation of sales, marketing, and service processes. Be sure
you don’t cut corners when it comes to social media, it’s today’s true market
differentiator.
Salesforce Lightning Process Builder IS the next-generation workflow toolBMC Software
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Pricing Models for modern software licenses.
Get this How-To Guide and access over 350 premium-quality tools & templates for business at https://www.demandmetric.com/user/register JOIN FREE to get practical on-the-job resources and training plus all of our guides, methodologies, webinars and featured tools & templates.
We have developed a four-part framework to help companies determine organizational areas that could be best served by the cloud. By aligning technology with business strategy and understanding how the organization must adapt, companies can optimize the impact of their cloud investments.
By aligning technology with business strategy and understanding how the organization must adapt, companies can optimize the impact of their cloud investments. Companies can use four criteria to determine where the cloud can deliver the most value.
Learn more from our Cloud resource center - http://gt-us.co/1BQYYqp
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Before you select a system or look at upgrading your current one, we hope you will have a look at our white paper on how to select a PLM system.
Please visit our company website to have more information:
http://www.coresolutions.com/
Or give us some comments:
http://www.coresolutions.com/request-a-callback/
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Scalable Digital Asset Management for Maximum Digital Media Maturity
1. Scalable Digital Asset Management for
Maximum Digital Media Maturity
By embracing a powerful Agile deployment framework, organizations
can save significant time, money and effort implementing enterprise
DAM systems.
Executive Summary
It’s easy to overlook the scalability needs of
an enterprise to justify short-term costs when
planning to build a new digital asset management
(DAM) system or replace an existing one. If your
organization already has a DAM system, scaling
it to address your growing business needs can
present several challenges. Scalability requires
a highly evolved asset management capability,
in addition to the ability to onboard new users
at any given time. Moreover, as business units
(BUs) migrate onto the system, mutually exclusive
priorities can complicate the effort.
In addition, external users actively engaging the
system daily can add significantly to internal
transaction volumes, especially during peak
holiday seasons or when launching key marketing
programs. In these cases, system performance
may lag and outages can occur. There are three
use cases that may directly impact operational
efficiency:
• Digital content creators, such as ad agencies
or media production houses, ingesting new
assets.
• Vendors submitting digital product images for
e-commerce.
• Distribution partners using the system to
access marketing content.
Building and scaling an enterprise DAM system
requires not only meticulous project planning and
execution, but also a proven model that enables
organizations to deliver greater business benefits
and increased return on investment.
Rather than building a solution that attempts to
meet all enterprise needs at the time of launch
in one “big bang,” we recommend that organiza-
tions consider an incremental, iterative approach
that can yield ongoing benefits throughout the
process while facilitating the flexibility to adjust
as the solution takes shape and form.
This white paper explains our Build, Expand
and Run (BEaR) framework for creating a truly
scalable enterprise DAM solution that can meet
an enterprise’s evolving business needs.
Strategic Factors Impacting DAM
System Scalability
The challenges in scaling a DAM solution are
not merely technical, but also strategic. While
planning to scale a DAM solution to the needs of
the enterprise, decision-makers should consider
the following:
cognizant 20-20 insights | december 2016
• Cognizant 20-20 Insights
2. cognizant 20-20 insights 2
• Go-to-market timelines: Each BU may have
different levels of urgency to go to market,
driven by an operational deadline, such as
meeting peak customer demand for a holiday
season, or a strategic imperative focused on
gaining competitive advantage, which can
result in a direct impact on revenues and
market position. In such scenarios, the flexibil-
ity of a program to meet deadlines would be of
utmost importance.
• Consensus-building with BUs: Although there
may be a significant overlap of needs across
BUs within the enterprise, the ability of a DAM
system to meet specific BU requirements
can influence the participation, interest and
eventual consensus among BUs in supporting
a DAM program.
• Budget constraints: Each BU participating in a
DAM expansion should consider the projected
cost to scale the system in light of available
budgets. Having a cost avoidance model1
in
place can help to justify budget spend by
communicating costs the unit may avoid by
adopting the system.
• Onboarding external vendors and partners:
It’s not uncommon for a digital enterprise
to work with hundreds, even thousands, of
external vendors and distribution partners that
regularly upload assets to the DAM system.
The cost of onboarding so many new users on
the system can be significant. Think creatively.
Perhaps, integrating the DAM system with
vendor portals can spell relief, allowing vendors
to submit their digital assets more conveniently.
• User adoption: Don’t be surprised if some
divisions within your enterprise resist the
program, challenging the initiative on the
grounds of conflicting strategy or territo-
rial beliefs. For example, e-commerce vendors
and digital wholesale partners may push back,
preferring their established business processes
and legacy systems to a more streamlined,
Digital Media Maturity Curve
Figure 1
BusinessValue
Mature
Shared Drives/
Isolated Silos/
Agencies Control
Content
Workgroup
DAMs
Enterprise
DAM
Content:
Reuse
Automated
Content
Publishing
Work-in-Progress
Content
Management
Reduction of
Agency
Dependency
Enterprise
Service
Integration
(PIM, MDM)
Content
Analytics
An enterprise DAM system should be flexible enough to meet the evolving organizational demands. Our BEaR
framework provides organizations with a process to realize quick wins, while still moving up the digital media
maturity curve.
3. cognizant 20-20 insights 3
Traditional software deployment
methodologies cannot address
the rapid go-to-market and digital
expansion criteria today’s business
environments pose.
updated system. Resistance to change should
be expected.
• Technology: Setting up a new DAM system, or
making changes to an existing one, typically
requires IT departments to evaluate the current
infrastructure, which may have an impact on IT
plans and budget. Before choosing a particular
DAM software solution and designing the
system, evaluate metrics such as:
>> Number of users and projected growth.
>> Concurrent users that can be supported by
the application service.
>> Storage requirements for assets and accom-
panying metadata.
>> Internet bandwidth requirements.
>> Performance requirements.
Traversing the Media Maturity
Lifecycle
Different industries and companies within
segments are at various inflection points in their
media lifecycle journey (see Figure 1, previous
page). Your organization is not alone. The
complexity and size of digital assets, automated
workflow and publishing needs are growing sig-
nificantly. Your organization may be one of many
forced to reevaluate its DAM strategy in light
of new digital formats and the complexities of
omnichannel distribution, or due to compound-
ing compliance requirements for highly regulated
business such as life sciences.
Enter the Build, Expand and Run
Framework
Building and scaling an enterprise DAM solution
presents its own implementation challenges.
Traditional software deployment methodologies
cannot address the rapid go-to-market and digital
expansion criteria today’s business environments
pose. Assuming a three-year digital roadmap is in
place, your organization can adopt an incremen-
tal approach using our BEaR framework to build
and scale a DAM system. This framework enables
your organization to expand the DAM system in
phases, with workflow and support structure
aligned strategically and effectively to meet
existing and future business needs.
Laying the Groundwork for a Foundational
DAM Solution
A foundational DAM solution is the minimum,
viable product (MVP) an enterprise should address
in meeting immediate short-term business needs.
Our suggested MVP approach:
• Gather business requirements: Consider-
ing that your organization and every BU in it
often have different use cases to onboard a
DAM solution, it is imperative to understand
unique business requirements and create
alignment across functions. How your organi-
zation accounts for unique user experiences –
such as branding – or the ability to efficiently
search and retrieve assets using a well-defined
taxonomy and metadata depends on specific
requirements.
Journey to Build an Enterprise DAM
Figure 2
Implement
system
Building Foundational DAM Scaling DAM
Gather business
requirements
for DAM
Conduct due
diligence to choose
a DAM solution
Build
Expand and Run
(BEaR)
1 2 3 4
4. 4cognizant 20-20 insights
• Choose the right solution:Tobuildaneffective-
ly scalable DAM system, perform due diligence
before choosing a solution. Companies that fail
to choose a solution capable of scaling to their
business needs are often forced to replace their
DAM system within the first year of launch.
DAM system selection is especially critical due
to the ever-changing nature of digital content.
In the rapidly expanding digital world, content
is growing in size and complexity, at an expo-
nential rate. The right solution should not just
address immediate requirements, but should
also forecast what new possible requirements
may arise during this new digital age.
• Implement MVP: The key factor in building
a foundational DAM system is designing a
fool-proof, scalable architecture that can be
expanded easily over time. Plan for those
bottleneck scenarios where your organization
may need to accommodate many concurrent
users, or where large-size digital assets may
have to be processed given limited bandwidth.
Once the MVP is implemented, your organization
can begin adding functionality and onboarding
new users.
Scaling the Foundational DAM System Using
the BEaR Model
The BEaR model provides your organization
with the ability to onboard new BUs in a timely
and efficient manner. The model also allows your
organization to continuously improve its DAM
solution via a feedback looping mechanism. This
includes:
• Build: Before your organization sets out to
build a foundational DAM system, consider
the following best practices in devising your
strategy.
>> Conduct exhaustive up-front planning:
»» Pay careful attention to metadata mod-
els, security models and search engine
configuration.
»» Define support, training, governance and
operational models.
»» Consider implementing in phases (avoid
the “big bang” approach).
»» Understand that your organization’s DAM
implementation project is 60% business
planning and 40% technology implemen-
tation, as our client experiences show.
–– Assemble a business and IT executive
steering committee. Gaining alignment
on both sides of the table will be criti-
cal to your organization’s success.
–– Create a roadmap, and update it on an
annual basis to align with your busi-
ness needs. Your stakeholders should
all understand that achieving a scal-
able DAM solution is a journey, not a
destination.
During the actual building of your organiza-
tion’s system, create a backlog of requirements
based on user feedback, and associate the
unmet business requirements to the new users
onboarded for any specific business criteria.
The BEaR Framework
Figure 3
Build
Expand
Run
Onboard new
business units and
external users.
Administer the
operations of system
and support users.
Create backlog
of requirements based
on user feedback and
unmet business objectives.
5. cognizant 20-20 insights 5
Once this information is gathered, implement
the functionality to add onto your current DAM
capability.
• Expand: In this step, users from new BUs or
external users will begin adopting the system.
Before expanding further, your project team
should plan for the following:
>> Understand your business use cases:
»» Your organization may need to create
custom user experiences for specific busi-
ness groups.
»» Integrate these with necessary internal,
downstream and upstream systems.
>> Factor in adequate time for data migration:
»» This is especially important when moving
from an unstructured to a structured data
model.
»» Legacy content causes problems in cur-
rent systems.
»» Metadata and security transformation
can be complicated.
>> When conducting enterprise expansion, fol-
low the asset lifecycle or workgroup rollout
model:
»» Pick the most common asset type and de-
ploy it to the global user base.
»» Select a workgroup and deploy BUs one
at a time, taking all their asset types into
account.
>> Ensure your organization has a cost avoid-
ance model in place that can be referenced
as the system is used and is expanded:
»» This ensures long-term support for the
program at the executive level.
»» It helps you determine the ROI of on-
boarding a new group or use-case.
–– Ensure priorities are set and the busi-
ness is engaged in setting expecta-
tions; expect new use cases to arise as
you demonstrate success.
>> Conduct comprehensive, quality training
programs:
»» During rollout, this is vital for all stake-
holders.
»» Ongoing training sessions are a must.
–– Empower champions from each BU
with training materials they can use to
train other team members.
–– Ensure IT is trained on the application
maintenance.
• Run: Monitor the operations of the system
and provide operational support to the user
community. Any major pain points encountered
at this stage can be noted as feedback, which
may be looped into the next build.
>> Review content to determine what should
make it into the new DAM system. Remem-
ber, “junk in = junk out.” The ability to search
for assets will depend on the metadata users
add to the asset. If an asset cannot be found,
the asset can never be repurposed, which
defeats the purpose of the system.
>> Align the support model to accommodate
change management and quick configura-
tion updates. Expect a flurry of support
needs during the period immediately follow-
ing go-live.
>> Evolve your metadata models, workflows
and security policies over time. A successful
DAM solution is never stagnant.
>> Understand specific product limitations.
While your organization’s DAM system
should support your entire enterprise’s digi-
tal media lifecycle, it is not a single technol-
ogy stack that supports every digital need
in the organization. For example, the system
should not be extended into product infor-
mation management (PIM) or a master data
management (MDM) system.
Creating the BEaR Team
There should be a dedicated team for any small
or medium-scale enhancements. Typically, orga-
nizations use their existing support teams, but
often these teams are unable to focus on the DAM
system, due to competing priorities; therefore, a
dedicated team is highly recommended.
For large-scale enhancements to the system, your
organization might consider ramping up a flexible
team for specific project execution. Alternatively,
you can use our Daikibo model,2
which is a large-
scale Agile/Scrum framework.
If an asset cannot be found, the
asset can never be repurposed,
which defeats the purpose of the
system.
6. cognizant 20-20 insights 6
Laying out a Governance Model
Once your organization’s DAM system has been
implemented, it’s time to address business process
changes that require a new DAM governance
organization. In most situations, having a DAM
system in place requires diligence in ensuring
that the assets are correctly managed. Here are
some examples of new processes that should be
planned for after implementation:
• Metadata model governance: Chances are,
prior to implementing an enterprise DAM
system, your organization had different nomen-
clature for different assets. As your BUs adopt
the system, the metadata models should be
cohesive, enterprise-wide. Thus, any updates
to the metadata model should be analyzed
and decided upon by a special committee that
ensures consistency and agreement across the
organization.
• Security model: With various BUs accessing
assets, new security policies should be adopted.
Often, there is a struggle with legal and IT
about securing assets as tightly as possible,
which can effectively limit asset usage by the
wider user base. A governance team should be
created to manage new security concerns and
make decisions in these cases.
• Asset integrity: As your system expands,
many users will begin using it for various
reasons, some in line with your overall vision,
some not. For this reason, you must ensure
that digital assets enter your system according
to its business intent. For example, some orga-
nizations may want to put only final assets into
the system. In order to manage this correctly,
a governing body must be created to monitor
uploads and audit transactions periodically.
Taking the Next Step
As your organization looks to improve its DAM
maturity, consider using a BEaR framework to
scale the DAM system by taking the following
steps:
• Prioritize those business requirements that
need a quick, go-to-market approach for both
business value and competitive advantage.
• Create an onboarding plan to bring additional
BUs onto the system in the most efficient
manner.
• Identify a team that can drive the BEaR
approach.
• Define a governance model that allows for the
successful management and development of
standards and practices for your DAM system.
• Put a cost avoidance model3
in place to gauge
progress as you expand and operate the
system.
Figure 4
A Sample Operating Model
Global User Base
Operational Steering
Committee
Executive Steering
Committee
Support TeamBEaR Team
Footnotes
1.
www.cognizant.com/InsightsWhitepapers/a-blueprint-for-dam-mam-cost-avoidance-codex923.pdf
2.
www.cognizant.com/InsightsWhitepapers/Agile-Scrum-Implemented-in-Large-Scale-Distributed-Pro-
gram.pdf
3.
www.cognizant.com/InsightsWhitepapers/a-blueprint-for-dam-mam-cost-avoidance-codex923.pdf
For more information regarding the BEaR approach to DAM system implementation, please visit
www.cognizant.com/customer-relationship-management