“Stories—there’s nothing in the world more powerful than a good story. Nothing can stop it. No enemy can defeat it.” — Tyrion Lannister, Game of Thrones Let’s face it—with constant disruption from smartphones and gadgets, people suffer from short attention … Read More
Organisations big and small are recognising the importance of data as the cogs that run their business. With this awareness, conversations about Master Data Management (MDM) become more frequent. What’s the relevance of managing master data in this scheme of … Read More
There’s so much hype about Data Quality Management as more and more companies are realising the critical role of data as the ‘new oil’ in this Digital Era. But first, you’ll have to know and understand what you’re trying to … Read More
Poor data quality is adversely impacting businesses with an average of $15 million per year in losses, according to a Gartner’s Data Quality Market Survey. But, first, what is data quality? Data quality refers to the status of your data … Read More
First, let’s go back to basics. What is Master Data? In simple terms, it’s a set of identifiers that provides the business context to your core data areas such as assets, products, and customers. These datasets are usually shared across … Read More
Ok, before we go into Taxonomies, let’s define Spares, shall we? Spares are divided into direct and indirect spares. Direct spares are parts that go into the finished product and are stocked to support its lifecycle. In a car manufacturing … Read More
Truth bomb #1: A Gartner survey found that 60% of companies weren’t aware that bad data had impacted their bottom line as they weren’t measuring it in the first place. Poor data quality led to 15 million dollars in losses … Read More
“Data is the new oil” has transformed the way modern enterprises perceive and approach data. But amassing petabytes of data would be for naught if these data go unchecked and ungoverned. That’s why you need to have data governance. While … Read More
In this highly volatile economic climate, companies can’t afford to stand on the sidelines while their competitors jump on the digital business bandwagon. It’s the only way to stay relevant and withstand future challenges in this Digital Era. One crucial … Read More
Digitalization of enterprise platforms has been a hot topic for years now in keeping with the advent of Industry 4.0 and emerging technologies like Internet of Things (IoT), machine learning (ML), artificial intelligence (AI), and blockchain. S/4HANA is SAP’s answer … Read More