Master data management

• Master data management

https://store.theartofservice.com/the-master-data-management-toolkit.html

Business intelligence Business intelligence and data warehousing

1 Using a broad definition: "Business Intelligence is a set of methodologies, processes, architectures,

and technologies that transform raw data into meaningful and useful information used to enable more effective strategic, tactical, and operational insights and decision-making." When using this definition, business intelligence also includes technologies such as data integration, data

quality, data warehousing, master data management, text and content analytics, and

many others that the market sometimes lumps into the Information Management segment


Master data management

1 In computing, Master Data Management (MDM) comprises a set of processes, governance, policies,

standards and tools that consistently defines and manages the master data (i.e. non-transactional data

entities) of an organization (which may include reference data).


Master data management

1 An MDM tool can be used to support Master Data Management by

removing duplicates, standardizing data (Mass Maintaining),

incorporating rules to eliminate incorrect data from entering the

system in order to create an authoritative source of master data


Master data management Issues

1 As with other Extract, Transform, Load-based data movement, these

processes are expensive and inefficient to develop and to maintain which greatly reduces the return on

investment for the master data management product.


Master data management Solutions

1 The tools include data networks, file systems, a data warehouse, data marts, an operational data store, data mining, data analysis, data virtualization, data

federation and data visualization. One of the newest tools, virtual master data

management (also called virtual mdm) utilizes data virtualization and a

persistent metadata server to implement a multi-level automated MDM hierarchy.


Information technology management IT managers

1 Many will also need to know master data management, which is a process that spans all of the

companies processes and business


Enterprise resource planning Process preparation

1 ERP implementation is considerably more difficult (and politically charged) in

decentralized organizations, because they often have different processes, business rules, data

semantics, authorization hierarchies and decision centers. This may require migrating some business units before others, delaying

implementation to work through the necessary changes for each unit, possibly reducing integration (e.g., linking via Master data

management) or customizing the system to meet specific needs.


Teradata - History

1 2006: Teradata launches Enterprise

Master Data Management

Solution.https://store.theartofservice.com/the-master-data-management-toolkit.html

Data virtualization

1 This concept and software is a subset of data integration and is commonly

used within business intelligence, service-oriented architecture data

services, cloud computing, enterprise search, and master data

management.


Data steward

1 Data stewardship roles are common when organizations are attempting to

exchange data precisely and consistently between computer systems and reuse data-related

resources. Master data management often makes references to the need

for data stewardship for its implementation to succeed.


Data profiling

1 Have an enterprise view of all data, for uses such as master data

management where key data is needed, or data governance for

improving data quality.


Microsoft SQL Server - SQL Server 2008 R2

1 SQL Server 2008 R2 (10.50.1600.1, formerly codenamed Kilimanjaro) was announced at TechEd 2009, and was

released to manufacturing on April 21, 2010. SQL Server 2008 R2 adds certain features to SQL Server 2008 including a

master data management system branded as Microsoft SQL Server Master Data

Services|Master Data Services, a central management of master data entities and

hierarchies.https://store.theartofservice.com/the-master-data-management-toolkit.html

Identity resolution

1 Identity resolution engines are typically used to uncover risk, fraud, and conflicts of

interest, but are also useful tools for use within Customer Data Integration (CDI) and

Master Data Management (MDM) requirements. Typical uses for identity

resolution engines include terrorist screening, insurance fraud detection, USA Patriot Act compliance, Organized retail

crime ring detection and applicant screening.


Identity resolution - Master data management

1 Most Master data management (MDM) products use a record linkage

process to identify records from different sources representing the

same real-world entity. This linkage is used to create a golden master record containing the cleaned,

reconciled data about the entity. The techniques used in MDM are the

same as for record linkage generally.https://store.theartofservice.com/the-master-data-management-toolkit.html

Entity-attribute-value model - History of EAV database systems

1 Additionally, there are numerous commercial applications that use

aspects of EAV internally including Oracle Designer (applied to ER

modeling), Kalido (applied to data warehousing and master data management), and Lazysoft

Sentences (applied to custom software development).


Master data

1 It is the primary focus of the Information Technology (IT) discipline of Master Data Management (MDM),

and can include reference data


Master data - Master Data Defined

1 Excerpted from Master Data Management for Media: A Call to

Action for Business Leaders in Marketing, Advertising, and the

Media, a Microsoft White Paper by Scott Taylor and Robin Laylin, January

2010


Software AG - History

1 Since February 2010 IDS Scheer is part of the Software AG Group.[

http://www.softwareag.com/corporate/Press/pressreleases/20100212_domination_and_profit_transfer_agreement_Software_AG_IDS_Scheer_AG_registered_page.asp The domination

and profit transfer agreement between Software AG and IDS Scheer AG now

registered] In October 2010, the company acquired New Jersey based Data Foundations, a leading master data management provider


Customer data integration - History of customer data integration

1 CDI commonly supports both customer relationship management and master data

management, and enables access from these enterprise applications to information

confidently describing everything known about a customer, donor, or prospect,

including all attributes and cross references, along with the critical definition and identification necessary to uniquely

differentiate one customer from another and their individual needs.


Fact (data warehouse) - Hybrid design

1 The hybrid architecture allows a DW to be replaced with a master data

management solution where operational, not static information

could reside.


Single customer view

1 http://www.fusionmarketingexperience.com

/2012/05/customer-centricity-and-the-single-customer-view-challenges/ http://www.atominsight.com/about-

us/blog/single-customer-view-hard As such, the acquisition by an

organisation of a single customer view is one potential outcome of

successful Master data managementhttps://store.theartofservice.com/the-master-data-management-toolkit.html

Informatica - Main products

1 Informatica's product portfolio focused on Data Integration: Application Information Lifecycle

Management, B2B Data Exchange, Cloud Data Integration, Complex Event Processing, Data Masking, Data Quality, Data Replication, Data

Virtualization, Enterprise Data Integration, Master Data Management, Informatica Ultra Messaging; currently at version 9.5 These components form

a toolset for establishing and maintaining enterprise-wide data warehouses, including the

key used for Extract, transform, load|ETL processing


SAS (software) - Recent history

1 In 2008 SAS announced Project Unity, a project to integrate data

quality, data integration and master data management.


Chief data officer - History and evolution

1 As organizations have recognized the importance of information technology as well as business

intelligence, data integration, master data management and data

processing to the fundamental functioning of everyday business, this role has become more visible

and crucial


SAP Master Data Management

1 'SAP NetWeaver Master Data Management (SAP NW MDM)' is a

component of SAP AG|SAP's NetWeaver product group and is

used as a platform to consolidate, cleanse and synchronise a single

version of the truth for master data within a heterogeneous application

landscape


SAP Master Data Management

1 # Central Master data management - as for Master Data Harmonisation,

but all master data is maintained in the central MDM system. No

maintenance of master data occurs in the connected client systems.


TIBCO Software - Products

1 'TIBCO MDM 'is master data management for aligning enterprise data across multiple

business units, departments and partners, synchronizing the information with downstream

IT transactional systems.Kandru, Venkat (October 30, 2008). [ http://www.information-management.com/issues/2007_53/10002159-

1.html TIBCO Collaborative Information Manager]. Information Management (website)|Information Management. Retrieved July 23,

2013.


Sunopsis

1 Sunopsis products provide solutions for data warehousing, data

integration, data migration, data synchronization and Master data

management.


IBM Infosphere - Background

1 IBM Infosphere is a branded product line from IBM under its IBM Information Management Software|Information Management Software brand, announced in February 2008, which

includes software products from its IBM WebSphere|WebSphere and Information

Server product lines. Upon its announcement, included in the Infosphere

product line were the IBM Infosphere Master Data Management Server and IBM Infosphere

Data Warehouse|Warehouse.


IBM Infosphere - IBM InfoSphere software

1 * IBM InfoSphere Master Data Management Server (formerly

WebSphere Customer Center and WebSphere Product Center)


SAP NetWeaver Business Warehouse

1 BW is part of the SAP NetWeaver technology. Other components of SAP NetWeaver include

SAP Enterprise Portal (EP, called SAP NetWeaver Portal as of Release 7.0), SAP Web Application

Server|Web Application Server (WAS), SAP Process Integration (PI, or previously XI, i.e.

eXchange Infrastructure) and SAP Master Data Management|Master Data Management (MDM). It also includes end-user reporting tools such as Report Designer, BEx Query Designer, BEx Web

Application Designer and BEx Analyzer.


Hyperion Solutions - Timeline

1 * 2005 - Hyperion acquires Razza Solutions (Master data management) and appoints Northdoor as a reseller

in the UK and Ireland.


ERP software - Process preparation

1 This may require migrating some business units before others,

delaying implementation to work through the necessary changes for

each unit, possibly reducing integration (e.g., linking via Master data management) or customizing

the system to meet specific needs.Thomas H


Reference table

1 Establishing an enterprise-wide view of reference tables is called master data

management.


Data domain

1 In a database normalization|normalized data model, the Master data

management|reference domain is typically specified in a reference table.

Following the previous example, a Gender reference table would have

exactly two records, one per allowed value—excluding NULL. Reference tables are formally related to other tables in a

database by the use of foreign keys.


Data architect

1 A data architect's job frequently includes the set up a metadata

registry and allows domain-specific stakeholders to maintain their own

data elements. This is often implemented in an Master Data

Management solution which enables centralized


Microsoft SQL Server Master Data Services

1 'Microsoft SQL Server Master Data Services' is a Master Data

Management (MDM) product from Microsoft, which will ship as a part of the Microsoft SQL Server database


Talend - Data management

1 * Talend Open Studio for MDM: a set of functions for master data management that provides

functionality for integration, quality, governance, mastering and

collaborating on enterprise data


Talend - Data management

1 * Talend Platform for Master Data Management: turn disparate,

inconsistent information across a business into a single, reliable

“version of the truth”, providing increased confidence in decisions

made


MDM - In science and technology

1 * Master data management, a discipline in information technology

(IT) that focuses on the management of reference or master data shared

by different disparate IT systems and groups


Westpac - Westpac is formed

1 * February 2013: Westpac selected Oracle’s Exadata Database Machine and Exalogic Elastic Cloud solutions to support the ongoing deployment

of Oracle-based Master Data Management (MDM) applications, with the overall aim to achieve a

single view of its customer information.


Health information exchange - Established HIE communities

1 HPHC implements CRM, Master Data Management and is now implementing

Oracle Policy Automation to support integrated call center and online self-

service for plan purchase and management across their various

customer groups additionally, HPHC is using their platform to support recruitment and to better analyze and improve service

levels in a heavily competitive market.


Data quality assurance - Optimum use of data quality

1 All data having attributes referring to Reference Data in the organization may be validated against the set of

well-defined valid values of Reference Data to discover new or

discrepant values through the 'validity' DQ check. Results may be

used to update Reference Data administered under Master Data

Management (MDM).https://store.theartofservice.com/the-master-data-management-toolkit.html

Information quality - Information Quality conferences

1 ;Master Data Management Data Governance

Conferences[http://www.tcdii.com/events/cdimdmsummitseries.html MDM

SUMMIT Conference]


Metadata repository - Definition

1 Metadata repository explores the enterprise wide data governance , data quality and master data management

(includes master data and reference data) and integrates this wealth of information

with integrated metadata across the organization to provide decision support

system for data structures, even though it only reflects the structures consumed

from various systems.


Information Server - Business Value of an Information Server

1 :*For 'master data management', it helps organizations develop authoritative master data by

enabling them to understand where and how information is stored across

systems, and to consolidate disparate data into a single, reliable

record.


Big structure - Applications

1 Big structure is most broadly applicable to the area of

interoperability|data interoperability, with specific applications in the

semantic Web, information retrieval, knowledge management, master

data management, or any area that requires two or more datasets to be

related to one another.


Tool management

1 Tool management is divided into documentation (Master data

management|master data) and logistics (transaction data)


Bulldog (disambiguation) - Computing

1 * Bulldog (Microsoft), an upcoming Master Data Management (MDM) product from

Microsoft


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Master data management