Master Data Management

____ Confidence in Your Data

This is a major problem many of the organisations we work with face. Strategy and the establishment of Enterprise Architecture (EA) are without question one of the more challenging aspects businesses face as they don’t necessarily know what they’ll need in the medium to long term to enable and support them. They’re also unsure what best practice looks like and how to achieve this.

At IMS we are experts in developing strategy and supporting that strategic direction with an enterprise architecture that will deliver this.

Governing your data to deliver value
What is Master Data?


____ What is Master Data
         Management (MDM)

Master Data is data that provides a common context for business transactions and events. For example, Customer, Place, Product, Date and Employee could all provide the context of a specific Sales Order (transaction). Master Data is data the whole organisation has a stake in. e.g. not just a business unit or department, but usually the whole organisation.

Master Data causes havoc if different people use different versions of it.

___  Master Data
          Platform Integration 

IMS have a range of solution blueprints for master data management, that will accelerate implementation of master data management for your organisation. These blueprints work with existing systems of entry, and/or a dedicated MDM platforms (see technology solutions in Implementation Services). 



MDM Platforms need to be integrated into your technology and data environment. IMS has developed various MDM reference integration architectures to facilitate this outcome (see example below). IMS resources work with various master data management platforms.

Manage Master Data

___

MDM is the strategy and ongoing management of master data with a view to achieving a single consistent definition and single source of the truth for a particular master data set. Implementing successful master data management involves not just platforms, but also organisational change - IMS is expert at implementing both.The ongoing process for MDM is shown below.

Questions You Might Have

  • Why is strategy and enterprise architecture alignment so importants?
  • Who should be driving the strategy?
  • What return can we reasonably expect from establishing a robust, agile enterprise architecture?
  • What should I do next?
Get in Touch Now

  

Potential realised.