master data management


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master data management

The administration of the non-transactional data in an organization, such as customers, vendors, employees and products. Such data is contained in "master files," although the term master file has been mostly replaced with the term "database." Master data management is similar to data governance with the focus on the permanent data in an organization rather than transactions. See data governance and master file.
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By leveraging sophisticated master data management features within the dealer inventory management software.
With Software AGEoACAOs ARIS Business Process Analysis platform, MDM will enable customers to identify and define key process master data requirements during the process modeling phase, while its webMethods Business Process Management and SOA product suite will enable customers to integrate master data management into process execution and integration.
To avoid a customer data integration/ master data management effort being viewed in the same light as a massive enterprise resource planning project, there are end objectives that can be undertaken to provide readily achievable yet significant benefits such as cost reduction, cost containment, more efficient/effective customer cross-selling, increased sales effectiveness and enhanced distribution relationships.
Hyperion System 9 Master Data Management synchronizes BPM master data--such as business dimensions, reporting structures, hierarchies, attributes and business rules--across distributed data warehouses, data marts, analytic applications, and transaction systems.
I believe that with our long and proven industry history, and through our commitment to excellence we will quickly become the recognized leaders in delivering Enterprise Governance and Master Data Management Solutions," says Greg Briscoe, AdvancedEPM Vice President, Master Data Management and Data Governance Practice.
Tweet This: Gartner Positions @RiversandMDM in Visionaries Quadrant of 2012 Magic Quadrant for Master Data Management of Product Data Solutions report
Leveraging the STEP master data management software suite, with project strategy and management from solutions sponsor ActionTek, Cooper Lighting was able to meet its goal of reducing data variability by successfully organizing approximately 2,500 product families, including 1.
Dennis Moore, senior vice president and general manager, MDM, Informatica, said, This report validates Informatica as the clear leader in master data management, but the most gratifying aspect is the positive customer feedback identified in this report.
The company has purchased Hyperion Planning, Hyperion Financial Management and Hyperion Master Data Management Server.
PLANO, Texas -- eVerge Group recently announced leadership changes within its Master Data Management (MDM) consulting practice.
Bidvest has decided to execute a master data management solution to streamline operations and improve the quality of product information.