Author: DATAVERSITY via YouTube
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Data can accumulate and become unusable or outdated without proper maintenance. Reference and master data management (MDM) is a popular approach to effectively manage not only the data but also the supporting architecture for processing it. This webinar introduces MDM as a strategic method to enhance and formalize practices around master data, which provides context for many organizational transactions. Unfortunately, MDM is often implemented with a technology-first approach, resulting in a poor success rate (only one-third succeed on time, within budget, and achieve planned functionality). Success in MDM requires a coordinated approach that typically involves data governance and data quality activities.

Learning objectives:
– Understand foundational reference and MDM concepts based on the Data – Management Body of Knowledge (DMBoK)
– Understand why these are an important component of your data architecture
– Gain awareness of reference and MDM frameworks and building blocks
– Know what MDM guiding principles consist of and best practices
– Know how to utilize reference and MDM in support of business strategy

Download slides here: https://www.dataversity.net/apr-8-data-ed-webinar-reference-data-vs-master-data-management/

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