Success of Internet of Things (IoT) Revolution and Digital Transformation hinges on Master Data Management (MDM) and Governance
Enterprise data is generated everywhere. The digital age generates an enormous amount of all sorts of data – structured, semi-structured and unstructured data. Whether business rules change, a business is acquired, a system is changed or added, performance measurement is impacted at every turn.
Deploying the appropriate Master Data Management strategy and solution is critical to your organization’s success. Master Data Management provides context – an absolute must to ensure companies get actionable insights and derive maximum value from their enterprise, digital applications and IoT data.
As the “glue” that links data generated by digital applications or machine analytics with enterprise data, MDM provides the business-critical information profile, and cross linkages, needed to understand the complete picture.
A Master Data Management strategy and solution are critical to managing corporate information in a consistent, controlled, and “single-view” capable manner. Errors in master data across multiple sources and applications can cost an enterprise significantly in terms of missing business opportunities or creating dissatisfied customers. Master Data Management and Governance help in reducing such costs and helps businesses growth.
How we help:
- Instill discipline of data governance, process, and accountability
- Architect your single source of truth – the “golden record” and it’s attributes
- MDM technology selection & implementations
- Industry and domain models customized per client
- Increase buy-in throughout your organization by providing quantifiable results showing the value that has been added
Expedien’s data and industry experts offer help at every stage of a master data management program, from forming a strategy to implementing technology and new processes. Our customers entrust us to help them assess their master data management program readiness, build their business and technical cases, discover and design their master data management strategy, and then plan, deliver, deploy master data solution and evolve data governance across the enterprise.