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Four Best Practices for Accelerating Time-to-Value of Master Data Management

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An MDM project is not simply about building, governing and maintaining the master data hub. An important dimension of MDM is how it participates in the larger application architecture. Rather than letting your MDM become part of the “accidental architecture,” design it so that it is a full constituent of IT. In addition, rather than restricting the data flows to direct synchronization with participating applications, incorporate the MDM system into the service-oriented architecture and have it – at the minimum – publish master data to other applications and systems through master data services, and make its functions (such as deduplication or enrichment) available as services to other applications.

Master data management (MDM) has become recognized as a key way for businesses to gain consistent and valuable insight on data, usually distributed across applications and systems. While the anticipated benefits of MDM are usually clear, a number of factors must be considered to implement an effective MDM program, ensuring actual success and return on investment. Talend has identified four best practices for accelerating successful returns on an MDM initiative.

 

Related Topics : APC, Resellers, Data Replication, Extract Transform and Load, Structured Data Integration

 
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