Maximize the Business Value of Your MDM Application
Let’s say your IT organization has been charged with creating and maintaining an enterprise-wide system of record for customer data, product data, supplier/vendor data, or a combination. You’re looking to implement a master data management (MDM) application.
Whether you’re implementing an off-the-shelf MDM application from a vendor or building one of your own, you face the same challenge: the data itself.
Common MDM Challenges
- Where does your company store data about its customers, products, or suppliers? In how many different places does it store this data?
- How difficult is it to access all this data? How well-documented is the data?
- What is the quality of the master data scattered across your systems? Do you know all the deficiencies? Can you measure the quality?
- How often does your company have to manually reconcile data between business systems?
- How will you synchronize master data across all your production systems?
- How will you keep bad data out of the master data application? How will you manage and monitor master data quality on an ongoing basis?
Difficulty integrating data from a large variety of systems and poor data quality have significantly delayed or even derailed MDM implementations.
Informatica can help you stay on track.
While Informatica does not make an MDM application, we provide the technology foundation that enables your MDM application to integrate with your existing business systems and improves the quality of master data. The Informatica platform maximizes your MDM application’s value.