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Lacking coherence and ambiguity Product information drives up the cost of compliance, slows down the time it takes to bring a product to market, creates inefficiencies in the supply chain, and results in market penetration that is lower than anticipated. Lacking coherence and ambiguity in addition to obscuring revenue recognition, posing dangers, causing sales inefficiencies, leading to ill-advised marketing campaigns, and causing consumers to lose loyalty, consumer information. Due to the fact that the data from suppliers is inconsistent and fragmented, there is a greater likelihood of exceptions from suppliers, there is less efficiency in the supply chain, and there is a negative impact on the attempts to manage spending. "Product," "Customer," and "Supplier" are only few of the significant business entities that are included in Master Data. There are many more important business entities as well. Master data is the queen when it comes to the analytical and transactional operations that are necessary for the operation of a business. The purpose of Master Data Management (MDM), which is a collection of applications and technology that consolidates, cleans, and augments this data, is to achieve the aim of synchronizing this corporate master data with all of the applications, business processes, and analytical tools. As a direct result of this, operational efficiency, effective reporting, and decision-making that is founded on facts are all significantly improved. Over the course of the last several decades, the landscapes of information technology have seen the proliferation of a multitude of new systems, applications, and technologies. A significant number of data problems have surfaced as a consequence of this disconnected environment.
The key to a successful MDM initiative isn't technology or methods, it's people: the stakeholders in the organization and their complex ownership of the data that the initiative will affect.Master Data Management equips you with a deeply practical, business-focused way of thinking about MDM—an understanding that will greatly enhance your ability to communicate with stakeholders and win their support. Moreover, it will help you deserve their support: you'll master all the details involved in planning and executing an MDM project that leads to measurable improvements in business productivity and effectiveness. - Presents a comprehensive roadmap that you can adapt to any MDM project - Emphasizes the critical goal of maintaining and improving data quality - Provides guidelines for determining which data to "master. - Examines special issues relating to master data metadata - Considers a range of MDM architectural styles - Covers the synchronization of master data across the application infrastructure
In this book, authors Dalton Cervo and Mark Allen show you how to implement Master Data Management (MDM) within your business model to create a more quality controlled approach. Focusing on techniques that can improve data quality management, lower data maintenance costs, reduce corporate and compliance risks, and drive increased efficiency in customer data management practices, the book will guide you in successfully managing and maintaining your customer master data. You'll find the expert guidance you need, complete with tables, graphs, and charts, in planning, implementing, and managing MDM.
Multi-Domain Master Data Management delivers practical guidance and specific instruction to help guide planners and practitioners through the challenges of a multi-domain master data management (MDM) implementation. Authors Mark Allen and Dalton Cervo bring their expertise to you in the only reference you need to help your organization take master data management to the next level by incorporating it across multiple domains. Written in a business friendly style with sufficient program planning guidance, this book covers a comprehensive set of topics and advanced strategies centered on the key MDM disciplines of Data Governance, Data Stewardship, Data Quality Management, Metadata Management, and Data Integration. - Provides a logical order toward planning, implementation, and ongoing management of multi-domain MDM from a program manager and data steward perspective. - Provides detailed guidance, examples and illustrations for MDM practitioners to apply these insights to their strategies, plans, and processes. - Covers advanced MDM strategy and instruction aimed at improving data quality management, lowering data maintenance costs, and reducing corporate risks by applying consistent enterprise-wide practices for the management and control of master data.
In this book, authors Dalton Cervo and Mark Allen show you how to implement Master Data Management (MDM) within your business model to create a more quality controlled approach. Focusing on techniques that can improve data quality management, lower data maintenance costs, reduce corporate and compliance risks, and drive increased efficiency in customer data management practices, the book will guide you in successfully managing and maintaining your customer master data. You'll find the expert guidance you need, complete with tables, graphs, and charts, in planning, implementing, and managing MDM.
The Only Complete Technical Primer for MDM Planners, Architects, and Implementers Companies moving toward flexible SOA architectures often face difficult information management and integration challenges. The master data they rely on is often stored and managed in ways that are redundant, inconsistent, inaccessible, non-standardized, and poorly governed. Using Master Data Management (MDM), organizations can regain control of their master data, improve corresponding business processes, and maximize its value in SOA environments. Enterprise Master Data Management provides an authoritative, vendor-independent MDM technical reference for practitioners: architects, technical analysts, consultants, solution designers, and senior IT decisionmakers. Written by the IBM ® data management innovators who are pioneering MDM, this book systematically introduces MDM’s key concepts and technical themes, explains its business case, and illuminates how it interrelates with and enables SOA. Drawing on their experience with cutting-edge projects, the authors introduce MDM patterns, blueprints, solutions, and best practices published nowhere else—everything you need to establish a consistent, manageable set of master data, and use it for competitive advantage. Coverage includes How MDM and SOA complement each other Using the MDM Reference Architecture to position and design MDM solutions within an enterprise Assessing the value and risks to master data and applying the right security controls Using PIM-MDM and CDI-MDM Solution Blueprints to address industry-specific information management challenges Explaining MDM patterns as enablers to accelerate consistent MDM deployments Incorporating MDM solutions into existing IT landscapes via MDM Integration Blueprints Leveraging master data as an enterprise asset—bringing people, processes, and technology together with MDM and data governance Best practices in MDM deployment, including data warehouse and SAP integration
Ineffective discharge management can jeopardize the successful completion of hospital treatment; but a well managed transition from hospital care to care at home depends on the efficient exchange of information with out-patient healthcare providers and professionals. This is just one way in which ICT can support healthcare and provide tools which help health professions to identify and communicate relevant data. Such tools will be increasingly important in future healthcare systems, and indeed a Europe-wide ICT infrastructure for information and data exchange may do much to revolutionize the quality of healthcare. It is therefore essential that infrastructures build on well-established standards such as Integrating the Healthcare Enterprise (IHE), even if this initially takes longer to implement. This book presents the proceedings of the annual Health Informatics meets eHealth conference, held in Vienna, Austria, in May 2017. The special topic chosen for eHealth2017 is Digital Insight – Information-Driven Health & Care, and the conference addressed the increasingly international focus of eHealth and the importance of cross-border health ICT. The papers presented here cover many eHealth topics, from maternity records to rehabilitation and from staff training to information exchange. Future ICT systems will inevitably involve machine learning and predictive analytics in order to provide actionable information to health professionals and support preventive healthcare concepts, and this book provides an insight into current research in health informatics and eHealth, addressing many issues central to the future of health and care. The book will be of interest to all healthcare researchers and practitioners.
The Practitioner's Guide to Data Quality Improvement offers a comprehensive look at data quality for business and IT, encompassing people, process, and technology. It shares the fundamentals for understanding the impacts of poor data quality, and guides practitioners and managers alike in socializing, gaining sponsorship for, planning, and establishing a data quality program. It demonstrates how to institute and run a data quality program, from first thoughts and justifications to maintenance and ongoing metrics. It includes an in-depth look at the use of data quality tools, including business case templates, and tools for analysis, reporting, and strategic planning. This book is recommended for data management practitioners, including database analysts, information analysts, data administrators, data architects, enterprise architects, data warehouse engineers, and systems analysts, and their managers. - Offers a comprehensive look at data quality for business and IT, encompassing people, process, and technology. - Shows how to institute and run a data quality program, from first thoughts and justifications to maintenance and ongoing metrics. - Includes an in-depth look at the use of data quality tools, including business case templates, and tools for analysis, reporting, and strategic planning.
Defining a set of guiding principles for data management and describing how these principles can be applied within data management functional areas; Providing a functional framework for the implementation of enterprise data management practices; including widely adopted practices, methods and techniques, functions, roles, deliverables and metrics; Establishing a common vocabulary for data management concepts and serving as the basis for best practices for data management professionals. DAMA-DMBOK2 provides data management and IT professionals, executives, knowledge workers, educators, and researchers with a framework to manage their data and mature their information infrastructure, based on these principles: Data is an asset with unique properties; The value of data can be and should be expressed in economic terms; Managing data means managing the quality of data; It takes metadata to manage data; It takes planning to manage data; Data management is cross-functional and requires a range of skills and expertise; Data management requires an enterprise perspective; Data management must account for a range of perspectives; Data management is data lifecycle management; Different types of data have different lifecycle requirements; Managing data includes managing risks associated with data; Data management requirements must drive information technology decisions; Effective data management requires leadership commitment.
This book constitutes revised and peer reviewed contributions from the Research part of the ERP Future 2016 conference held in Hagenberg, Austria, in November 2016. The ERP Future Research conference is set up as a platform for scientific discussion on enterprise resource planning (ERP) systems, business intelligence (BI) systems, business process management (BPM) systems and information technology systems. The conference acts as a discussion and communication platform for business and technological topics covering ERP systems. The 7 full and 5 short papers presented in this volume were carefully reviewed and selected from 29 submissions. They were organized in the following topical sections: introduction of enterprise systems; business processes; production processes; and IT-trends.