Master data management (MDM) refers to the creating, organising, updating, and viewing of master data via a central point of access. It prevents you from getting the wrong, outdated view about the state of your business and operations. It helps you automate the creation of master data through to its disposal. More importantly, it consolidates and merges common master data attributes to form a single version of the truth. It’s the glue that binds data together, ensuring consistency across your system landscape.
MDO employs a comprehensive governance framework. Active governance ensures only cleansed, standardized, and enriched data enters your system. While passive governance supports ongoing data validation and remediation within your system.
MDO is a scalable cloud application that comes with pre-defined data models and business rules. Encompassing key master data areas like assets, spares, and suppliers, it seamlessly integrates with SAP and other enterprise systems. MDO helps you implement role-based governance policies, enhanced with approval workflows and audit trails. This cultivates data ownership and increases data usage across your organization.
MDO is your go-to solution for master data management and quality. With taxonomy management that complies with industry standards e.g., ISO8000-115 and ISO14224, it allows you to be on par with key industry players. Its ML and AI capabilities enable a more predictive and intelligent rule-based approach for data enrichment.
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One of the leading independent oil and gas producers in the Asia-Pacific region, supplying the energy needs of homes, businesses and major industries across Australia and Asia. Business Challenges: The client decided to move away from Oracle and implement … Read More
A leading global alternative asset manager, focused on investing in long-life, high quality assets across real estate, infrastructure, renewable power and private equity. As a global firm, they supports the employment of over 80,000 people in more than 30 countries … Read More
Master Data Management (MDM) is critical to any organisation’s data management strategy. It ensures that all of your data is accurate, consistent, and up-to-date, which helps improve business processes, increase efficiency, and drive revenue growth. But when it comes to … Read More
Master Data Management (MDM) is a critical component of any supply chain. It ensures that key data assets, such as product and supplier information, are accurate, consistent, and up-to-date. Effective MDM enables companies to make informed decisions, improve efficiency, and … Read More
Five great reasons why you need Master Data Management (MDM) Let’s break down the components of Master Data Management (MDM). First, we have master data. It’s a set of identifiers that provides business context to your core data such as … Read More
With all the hoopla surrounding data-related technologies, it’s hard not to be persuaded to jump on the bandwagon. This rings true with the elevated status of data as this era’s ‘new oil’. When it comes to data, the topics of … 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
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
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