Dmitry Kovalchuk

ATTENTION

DATA(“Data Management for Dummies”)

i

Your companydepends on resources

You plan resources

You pull resources

You plan resources

You pull resources

You store resources

You plan resources

You pull resources

You store resources

You utilize resources

You plan resources

You manage your resources to be

effective

You manage finances

You manage people

You manage inventories

You manage time

Why don’t youmanage

your data?

Data is not a trivial resource

Data volumes grow much faster than your other resources

V

t

$

About 40% a year

Perhaps your data is…

no longer timely

Perhaps your data is…

no longer timely

hard to access

Perhaps your data is…

no longer timely

hard to access

poor quality

Perhaps your data is…

no longer timely

hard to access

poor quality

incomplete

I hope you are

aware of this problem

Why do youput up with it?

Imagine that your other resources…

are no longer timely

are hard to access

are poor quality

are incomplete

Of course you can take steps

to avoid these problems

ATTENTIONif you don’t manage data

it can become a cancer…

It can be invisible - you might not know about it

It penetrates everywhere

It harms you from the inside

You get inaccurate reports

You make bad decisions

You spend more and more on remediation

You become ineffective

But I have good news for you

Hundreds of companies have avoided this

bad situation

They know one secret

They manage their data like other resources

Their data is always…

in the right time and place

Their data is always…

the right volume

in the right time and place

Their data is always…

the right volume

the right quality

in the right time and place

Their information is accurate

Their information is accurate

They make intelligent decisions

Their information is accurate

They make intelligent decisions

They trust their decisions

They are successful

Do you want to be like them?

It is NOT simple:Manage Your Data

Best practices to get you started

Start with the most important information –

Master Data

customers

products

employees

materials

suppliers

sites

services

partners

equipment

assets

Start small – chooseone data domain

Customer Master Data

CRM

ERP

DWH

Other

such as Customer Master Data

Think Big – move towards Enterprise Information

Management

Unstructured data

Metadata

Reference data

Big data

Transactional data

Master dataOther data

Enterprise Information

Stable Data Governance

ResponsibilitiesAccountability

ProceduresProcessesStandards

PoliciesMetrics

Roles

Implement prescriptive technologies

Measure the quality of data and business

benefits

All this leads to:

Your data is a usable,trustworthy resource

Thank you for attentionsee more

http://mdmcommunity.ning.com/

http://www.linkedin.com/groups/MDM-World-4558032/about