DataEd Webinar: Unlock Business Value Using Reference and Master Data Management Strategies
Author: DATAVERSITY via YouTube
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Data tends to pile up and can be rendered unusable or obsolete without careful maintenance processes. Reference and Master Data Management (MDM) has been a popular Data Management approach to effectively gain mastery over not just the data but the supporting architecture for processing it from a master/transaction perspective. This webinar presents MDM as a strategic approach to improving and formalizing practices around those data items that provide context for organizational transactions – its master data. Too often, MDM has been implemented technology-first and achieved the same very poor track record (1/3 succeeding on-time, within budget, achieving planned functionality). MDM success depends on a coordinated approach involving typically Data Governance and Data Quality activities. Program learning objectives include:
Understanding foundational reference and MDM concepts
Why they are an important component of your Data Architecture
Awareness of Reference and MDM Frameworks and building blocks
What consists of MDM guiding principles and best practices
How to utilize Reference and MDM in support of business strategy.
Access this webinar on our website: https://bit.ly/2Z1ZXtI