A whitepaper by Ventana Research describing the role and importance of partnerships between business and IT in MDM strategy
The constant pressure on organizations today to demonstrate transparency and accountability and comply fully with regulations is having a strong effect on their data management efforts. To meet these challenges, many organizations are turning to master data management (MDM) – and finding a dearth of accurate information about it.
Although much has been said and written on this topic, useful details about implementations of MDM remain scarce. As a result, there is uncertainty about best practices for adopting MDM. Master data is indispensable to doing business. It includes the business objects, definitions, classifications and terminology that in sum constitute business information, as well as format specifications for transactional data. |