Multi-Domain Master Data Management: Advanced MDM and Data Governance in Practice
Price: $49.95 - $39.89
(as of Nov 25,2024 06:48:00 UTC – Details)
Publisher : Morgan Kaufmann; 1st edition (April 10, 2015)
Language : English
Paperback : 244 pages
ISBN-10 : 0128008350
ISBN-13 : 978-0128008355
Item Weight : 1.15 pounds
Dimensions : 7.52 x 0.55 x 9.25 inches
In today’s complex business landscape, organizations are dealing with vast amounts of data coming from various sources and systems. To effectively manage this data and ensure its accuracy and consistency across multiple domains, Multi-Domain Master Data Management (MDM) has become crucial.
Multi-Domain MDM goes beyond traditional single-domain MDM solutions by enabling organizations to manage master data across different domains such as customer, product, supplier, and location. This approach allows for a holistic view of data and ensures that data is accurate, consistent, and up-to-date across the organization.
Implementing Multi-Domain MDM involves not only technical aspects but also requires a strong data governance framework. Data governance plays a key role in defining data policies, standards, and processes to ensure data quality, security, and compliance. By establishing clear data governance rules and responsibilities, organizations can effectively manage and govern their master data across multiple domains.
In practice, advanced Multi-Domain MDM solutions leverage technologies such as data integration, data quality, and data stewardship to streamline data management processes and improve data accuracy. These technologies enable organizations to cleanse, enrich, and reconcile master data from different domains, ensuring a single source of truth for all data-related activities.
Overall, Multi-Domain MDM combined with robust data governance practices is essential for organizations looking to harness the power of their data and drive better business outcomes. By implementing advanced MDM and data governance in practice, organizations can unlock the full potential of their data assets and gain a competitive edge in today’s data-driven world.
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