Master Data Management (MDM) can contribute significantly to enterprise solutions including Enterprise Integration, SOA, and especially BI. A successfully implemented MDM solution ensures that an organization does not use multiple versions of the same reference data in different systems and parts of its operations. As such, MDM increases data quality and assurance by providing “a single version of the truth”. MDM also facilitates the exchange of data between applications without having to do point-to-point mappings. This can save a significant amount of time and money when implementing major business solutions.
Logimethods services can help you fast track your MDM initiative. We can assist in the following ways:
- Help define a pragmatic MDM strategy
- Identify potential cost savings to the company by implementing an MDM strategy
- Identify which enterprise entities to focus on
- Identify existing data management strategies and infrastructures across the organization
- Design MDM data model
- Define processes, policies, roles and responsibilities (see Data Governance)
- Define MDM Architecture
- Evaluate candidate MDM technologies
- Define implementation methodology
- Provide implementation resources
