Master Data Management

Master Data Management (MDM) is the collective application of governance, business processes, policies, standards and tools facilitate consistency in data definition.

• Master Data Management (MDM) refers to the governance of Data Lifecycle for an organisation to have a single master copy, called the master data. Also known as Golden Record

• Master data management (MDM) arose out of the necessity for large businesses to improve the consistency and Data Quality of their key data assets.
  • Master data can include Customers, Vendors, Employees, Location, Assets and Products
  • This can differ by industries and even different companies within the same industry.

Common topics on MDM include:

• MDM History
• MDM Features
  • MDM Benefits
  • MDM Selection Criteria
  • MDM Operating Model
  • MDM Architecture
• MDM Maturity
• MDM Processes
  • Master Data Lifecycle
  • Master Data Triage
• Master Data Categories
• Master Data Management Technology

Links

• http://en.wikipedia.org/wiki/Master_data_management
• http://www.slideshare.net/p_warawit/5-level-of-mdm-maturity-presentation

Related

• Data Quality
• Metadata Management