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Key findings from the research study included the following: * Those organizations that have undertaken MDM implementations indicated they manage a median of three million master data records, have taken six months to implement, and involved an eight-person project team.
1 also includes improved data quality capabilities: * Enhanced data cleansing and parsing capabilities that help establish even higher quality master data records and views; * Address standardization tools that provide properly formatted postal-standard addresses in more than 100 countries; * Enhanced language packs that address the nuances of locale-specific names and addresses.
The MDM promise Managing master data Master data information domains Master data characteristics Technical architectures for MDM Master data record Three approaches to MDM Centralised MDM Virtual MDM Reference application MDM MDM and SOA SOA: from BPM to MDM The split personalities of MDM Application versus data integration Packaged versus DIY approach From data to applications Beware of silos between solutions Operational versus analytical data Structured versus unstructured data For more information visit http://www.