Posts Tagged ‘Master Data Management’

I was looking at the market share of  Google Analytics (GA) and it is definitely on the rise. So I was curious to see the capabilities and what this tool can do. Of course it is a great campaign management tool. It’s been a while since I worked on campaign management. I wanted to know […]

Information Technology (IT) has come a long way from being a delivery organization to an organization part of business innovation strategy, though a lot has to change in the coming years. Depending on the industry and the company culture, IT organization will mostly fall in the operational spectrum and a lot of progressive ones are  […]

Some interesting facts and figures for your consideration: 90% – of stored data in the world today was created in the past 2 years 50% – annual data growth rate 34,000 – tweets sent each minute 9,000,000 – daily Amazon orders 7,000,000,000 – daily Google Page Views 2.5 Exabyte – amount of data created every day (an Exabyte […]

Picking up from my earlier blog post, there are two kinds of MDM tool types, one targets specific domain (Customer and Product are the most common ones) and the others follow a multi-domain (Customer, Product, Location, Supplier etc. all in one) strategy. Most of the analysis I found are either for Customer Domain or Product […]

My exposure to Master Data Management as a tool and all the surrounding process, organization and platforms dates back to 2005 in one form or another. MDM as a tool and its expected functionality are evolving constantly. I was curious to see what MDM tools and vendor landscape looked like in 2006 compared to MDM […]

MDM is a popular topic and many organizations are in different stages of MDM journey. Many times clients (primarily IT) want to engage consultants who can recommend a MDM tool and start the implementation, bypassing the Planning / Pre-planning stages. Typically this leads to a MDM solution which is not thought through completely or end […]

 I was reading the interview of Jamie Miller, the new CIO of General Electric.  Please do check out the interview. Some of the key focus areas she was describing are: Innovation Simplification Employee experience Cyber security Investing in our IT talent   The innovation explained in this interview revolves around the mobile technology, and big […]

The importance of maintaining accurate Master Data is vital to running the business efficiently. You have your Master Data under control at your end, but what about your partners, suppliers and award/reward programs? Are they ready for timely integration of Master Data? What is their commitment to your success? Let me tell you my personal […]

Today, Master Data Management (MDM)  is an accepted mainstream tool / program / application within corporate America. Large companies have multiple MDM solutions across business units, geographical units and even within the same business unit, they have different MDM for different domains. It is becoming a common sight to see MDM fully functioning and operating, […]

Last year I was involved in a Data Governance initiative where product vendors were hitting the client with Multi-domain MDM solution. Vendors were offering the software at various price points and simply put confusing the client. The fact of the matter is the client did have a huge MDM problem to solve. Their issue is […]

I recently came across a book for bank and financial marketers written by Jay Kassing, one of the world’s most respected data analytics experts in the industry.  The Financial Brand actually featured his book on its site last week along with some excerpts from the book (reinterpreted for the web). One of those excerpts stood […]

In my last blog post a few months back I introduced some key concepts of data governance and the necessity of healthcare organizations to establish a data governance program as a way to perform quality control on its data. We touched on the 10 universal components of data governance that the Data Governance Institute (DGI) […]