08/14/2018
MDM Strategy - 6 Pillars for Success: Process
Next comes process, as nothing happens in a vacuum. Implementing a MDM program will impact the organization, and process can help manage that impact.Depending on the scope of your MDM program and how your business currently operates, you might only need to make fairly minor changes to your existing processes (such as how data gets created and maintained) or you might require a complete overhaul.
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08/07/2018
MDM Strategy - 6 Pillars for Success: Standards
As you discuss your processes for managing data, you also need to consider the standards that will govern them. Whether those are regulatory standards set by external parties or internal standards determined by your team, it’s critical to understand the guardrails for how you manage data.
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07/24/2018
MDM Strategy - 6 Pillars for Success: Measurement
Finally, we have measurement. This pillar brings your MDM strategy full circle, because it requires you to go back to the beginning by looking at the business problem you’re trying to solve and the value of solving it.
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05/23/2018
Domains are really kind of the big level blocks that we use to define master data. We have some example categories of domains. So, one common domain a lot of people look to manage within the MDM is customer domain. Customers could be individuals, they could be individual people, consumers if you will. They can also be businesses as well that use. So, depending on whether you're a B2B or B2C organization, but then there's other flavors of customer or unity type domains that are out there.
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05/16/2018
The next concept is Multi-Domain MDM. This is really where over the past, 5 to 10 years, most vendors are turning towards. In the past, you had a lot of MDM solutions that were purpose-built for a single domain. But the times are a changing, see how.
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05/09/2018
The next concept is reference data which is really just master data. But it's a little different from some of your big complex core domains. So, reference data's typically just your simple list that you use to describe things, and most of your operational applications will already have reference data embedded in them, the simple example, the list of languages I just used. Your CRM and ERP applications both might have their own list of languages that obviously have overlapped.
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05/04/2018
Watch the video series that explains examples of master data in your organization.
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05/04/2018
MDM 101 - What Is Master Data Management
Master data management is the combination of people, process, and technology for centralizing and maintaining your master data. The key here is, it's not just the technology.
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04/15/2018
MDM Strategy - 6 Pillars for Success: Technology
Given how technology-centric MDM projects tend to be, it might be surprising that technology doesn’t come into play until the fifth pillar. But in an ideal world, organizations would spend time upfront going through governance, getting their organization in place and starting to discuss current and future state processes and standards before they evaluate or adopt any technology.
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11/20/2017
How To Get The Business to Embrace Data Management Without a Fight
Customers often wonder why some organizations are able to get budget approval for their data management initiatives quickly, while others struggle to get funding. While they know there is a business need, they struggle to get buy-in, leading to a lengthy debate where the decision in some cases is to do nothing.
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