Master Data Management: Building a Foundation for Success Technology Considerations for Homegrown MDM
A Baseline Consulting White Paper
The need for a single, shared view of authoritative set of reference data has never been greater. As companies grow, reorganize, acquire other companies, install new systems, and share data within and outside of their firewalls, that need grows more acute.
When done right, master data management (MDM) streamlines all the rules and details involved in deploying and maintaining reference data for a single subject area.
The goals of MDM aren’t revolutionary. But it is evolutionary. A phased approach to MDM programs is best. A so-called “blank slate” approach to MDM simply isn’t practical.
Your IT organization should implement your MDM programs in a manner that leverages your company’s existing technology and data management investments. “Master Data Management: Building a Foundation for Success,” a white paper written by Evan Levy of Baseline Consulting, can help.
This white paper: • Identifies the challenges you may encounter with your MDM initiative • Discusses the key technology components that you will likely require to execute your MDM initiative • Helps you assess which components you already have at your disposal, which you will need to source from software vendors, and which you will build internally
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