Master Data Management
Master Data Excellence is one of the key challenges in our data-driven world, majorly impacting your business performance. Master data management (MDM) means to manage, centralize, organize, categorize, localize, synchronize and enrich master data, aligning with the strategy of your business. Excellent master data is the basis for efficient processes and reporting, creating transparency and enabling a true data-driven business model.
As large businesses use data in different systems, a lack of master data management will lead to incorrect, fragmented or duplicated data. Integrated master data management is the way to create sustainable benefits, covering strategic direction, processes and governance, a comprehensive data model, technology and performance management. Only with smart and structured master data management, data reveals its full potential across your entire business.
Establish KPI-based decision making with our solution to reach master data excellence.
Does this sound familiar?
Challenges in master data management we see often.
Does this sound familiar?
- We can’t take fact-based decisions, because master data has limited informative value and is of poor quality.
- Our master data vision and strategy is missing, and there is no governance.
- Our data is captured in various IT-systems with several manual interfaces, leading to error.
- We have started so many Master Data initiatives and we only got short-term success. Master data quality has not improved over the long-term, and we are not able to measure long-term success of pro-active data management.
- Our master data is unstructured on local platforms, and we do not have a single source of truth.
- When our top management asks what kind of influence Master Data Excellence has on our business figures, we aren’t able to prove it.
Benefits
Up to 40% long-term master data quality increase
How it works
In our perspective, master data is a strategic asset at a company. This includes the definition of master data vision and a clear roadmap, the implementation of a sustainable but efficient MDM organization, efficient master data processes and the definition of supporting IT strategies and architectures.
Secure long-term success with our master data management solution built on our AIO platform allowing closed loop management, and understand and track the impact of every master data management measure with our KPI enabler network. You are always aware of the latest status on your way to Master Data Excellence.
Our AIO platform connects to all common data platforms for seamless data exchange, following a modular approach for integrating further applications (ontologies, data sharing, and so on) for detailed analyses.
Industries
