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Featured Article
I've been asked this question many times: why is implementing an MDM solution so difficult?
The short answer is MDM includes technical and business challenges, and encompasses a set of disciplines that are pervasive to the organization.
But in this article, I'd like to focus on one particular aspect: establishing a system of record (SOR).
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Greetings!
Please let us know how you think we're doing in covering master data management (MDM) and data governance.
Best regards --- Dan Power |
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After this year's Gartner MDM Summit conference (May 4-6 in Los Angeles), Hub Designs sent a small team to a new client in South Africa called Africom.
This large telecom company is getting ready to do an enterprise transformation program called PROTEA, which stands for Process Redesign, Organizational Transformation and Enterprise Architecture. Continue reading
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Each year beginning in 2010, Information Management magazine has recognized the best information managers and "people to watch".
In 2010, one of the 25 people recognized was a Hub Designs client, Dorcy Lannigan, program manager, business excellence at Ceridian.
In 2011, Information Management recognized another Hub Designs client, Chuck Backus, who is the VP of Enterprise Data at LexisNexis.
Continue reading
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(Part 1) Data governance can be seen as formalized policies, practices and processes set up to manage voluminous data assets across enterprises.
Data governance also sits on an important growing convergence that encompasses multiple, and frequently separate, disciplines: data quality, data integration, master data management (MDM), business process management (BPM), business intelligence (BI) and analytics. Continue reading
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 (Part 2) Data, information and content saturate most enterprises, so business users must become much more directly involved in creating and managing the overall solution for handling these vital resources. Business people usually hold the key to the context for data and processes, as well as future ways of using the data.
The integrated components of MDM / data governance, BI / analytics, and BPM need to deliver real results to business users but are also highly dependent on the participation of business users to incorporate reality and provide on-target solutions. Continue reading
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(Part 3) Master data management (MDM) is a good reflection of how an enterprise uses data, information - and content - for business purposes. The creation and management of master data touches more than the information itself.
By creating data repositories and processes that reflect business functions, an enterprise should develop access to the information that is so crucial to effectively and efficiently achieving its business goals. Continue reading
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(Part 4) In a recent Gartner report covering predictions for data integration and MDM:
Through 2015, 66% of organizations that initiate an MDM program will struggle to demonstrate the business value of it.
It's probably not a stretch to extend this "struggle for value" to BPM and BI / analytics. But through the convergence of MDM with BI / analytics and BPM, an analyst like Sandy Kemsley sees increased business value. Continue reading
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The Gartner MDM Summit 2011 is in its second day. It's off to a great start, with over 500 attendees.
Right now, I'm attending a session on "How to Measure the Benefits of and Build the Business Case for MDM" by Michael Smith, a Gartner Research VP. I've attended this session several times in previous summits, and have always found it to be very helpful. Continue reading
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