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We are living in the information age, the age where data integrity and real-time accessibility high-quality data about everything happening in real-time can mean the difference between profit and loss.
Data are a real and valuable company asset, however due to technical constraints it’s not accessible and utilized as extensively as it should be to leverage the business.
Being able to aggregate and access the data effectively can bring a huge benefit and enable competitive advantage to any business unit growing their business.
Both the methodology and the technology now exist to value and access data in all ways possible getting reed of existing constraints. When architected, designed and managed properly, master data enables improved decision making, improved customer relationships, and enables competitive advantage.
Enabling an optimal, highly available, and scalable data/information layer for any organization requires the careful planning, design, and implementation of their data components that best match their current and future data delivery needs. This often spans several tiers, may be distributed across multiple sites, and must be tailored and tuned to provide optimal data access, high performance, and the highest data integrity.
Core data categories such as customer data and product data comprise the cornerstone of this practice offering. A specialized Master Data Management (MDM) methodology geared towards an optimal MDM architecture and solution is embodied in our delivery model for MDM. Often taking advantage of hub and spoke architectures to enable MDM for major organizations.
Thierry Gerardin, FACCSF Entrepreneur Member
For more information:
http://thierrygerardin.com/2010/01/19/master-data-management-mdm/