Optimizing Financial Services with Master Data Management
Learn common business challenges caused by poor data quality and how master data management (MDM) can help.
Learn common business challenges caused by poor data quality and how master data management (MDM) can help.
Learn common business challenges caused by poor data quality and how master data management (MDM) can help.
Learn common business challenges caused by poor data quality and how master data management (MDM) can help.
Master data management can help drive successful enterprise initiatives with artificial intelligence (AI), machine learning (ML) and the Internet of Things (IoT).
Getting through the first business case is challenging and can seem to go on forever. It may seem impossible to believe, but MDM will become a way of life for your organization if you plan ahead and know where to focus. We’ll walk through several examples to demonstrate the far-reaching impact and value that an MDM program can have.
Chances are, this is probably the first time you’ve evaluated an MDM solution, and by now, you know there is A LOT to consider when evaluating vendors. But before you go signing any contracts, be sure you know exactly what you’re signing up for. The team helps you to understand how evaluations are typically conducted and what you need to look for at the end of the process.
It is easy to get caught up in the possibilities of what MDM can do for your enterprise. It can be daunting trying to decide where to start, what to measure, and what objectives to set. After all, not all data has the same value and not all data problems have the same impact. So what’s the best way to determine the scope of your MDM program?
So you know that you’re ready for MDM and you understand why you need it, but how do you demonstrate to leadership the total cost of ownership and time to value? How quickly can you demonstrate value? Not sure where to start? You’re not alone. Learn how to evaluate the complexity of a given platform and how well it will fit into your existing enterprise to accurately calculate TCO.
Understanding why you need MDM from a business point of view is critical to ensure the success of the project. The reality is that many or most organizations begin without knowing why, which significantly increases the chance of failure. So if you know your organization is ready for MDM, the next step is to understand why you need it.
MDM initiatives often fail to go beyond piloting and experimentation simply because many organizations were never ready for MDM in the first place. So the question is; what does ‘ready’ look like?
Hear product experts showcase key Profisee features and answer questions live from the audience.
Profisee Master Data Management (MDM) is how enterprises can finally solve the data quality issues that have been holding back so many strategic initiatives.
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