Harnessing the Power of Master Data
Master data is the core reference data that describes the fundamental dimensions of a business. It includes details on products, pricing and contracts, customers and suppliers and it is the principal information that directs business decision making. Master data management (MDM) is the directive to collect and clean this essential business data and make it accessible to users within the enterprise and throughout the value chain. This white paper can be used as a guide to increase understanding of the growing prominence of MDM and how to harness its capabilities across your enterprise. Discover the potential of MDM in your organization through:
- Detailed descriptions of MDM's development and its role in SOA.
- Market forces driving the need to manage master data.
- Best practices for building a successful MDM strategy.
- Capabilities to look for when choosing a MDM solution.