Master data management
Master data management (MDM) is a process that creates a uniform set of data on customers, products, suppliers and other business entities across different IT systems. One of the core disciplines in the overall data management process, MDM helps improve the quality of an organization’s data by ensuring that identifiers and other key data elements about those entities are accurate and consistent, enterprise-wide.
References
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https://en.wikipedia.org/wiki/Master_data_management🔗en.wikipedia.org -
Master Data Management (MDM), “Entails control over Master Data values and identifiers that enable consistent use, across systems, of the most accurate and timely data about essential business entities.”🔗DATAVERSITY -
Master Data Management allows businesses to improve the accuracy and uniformity of their important data assets.🔗DATAVERSITY -
Master data management (MDM) is a technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise’s official shared master data assets. Master data is the consistent and uniform set of identifiers and extended attributes that describes the core entities of the enterprise including customers, prospects, citizens, suppliers, sites, hierarchies and chart of accounts.🔗Gartner
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Master data management (MDM) is a complex undertaking. Organizations should make an informed decision on readiness before adopting.🔗Gartner -
https://www.indeed.com/career-advice/career-development/what-is-master-data-in-database-management🔗indeed.com
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Discover everything you need to know about master data management (MDM) and how it helps companies make better-informed business decisions.🔗informatica.com
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Home | Glossary | Master Data Management Master Data Management background Enterprise data infrastructures are composed of multiple IT systems that track various domains of the business. To cover all these areas, enterprises may deploy…🔗Reltio -
https://www.techopedia.com/definition/840/master-data-management-mdm🔗techopedia.com
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Master data management (MDM) enables organizations to create uniform sets of data on customers, products and other business entities. Learn more about MDM.🔗Data Management -