If each department operates a different system, the system itself may become isolated. A state in which it becomes difficult to link and share data with other departments is called siloization, which is an obstacle to digital transformation.
MDM makes it possible to eliminate silos, eliminating the need to contact other departments to obtain necessary information. It
also enables data to be linked and shared across departments, realizing optimization across the entire company.
Improved data governance
It is also expected to be effective in improving "data governance."
Data governance is when a company controls and supervises zalo database the management of data for efficient use in business. By defining policies, processes, standards, etc. on a company-by-company basis, it becomes possible to promote safe and efficient data management and operation.
MDM centrally manages master data scattered throughout the company and allows it to be operated based on policies defined by the company, increasing the reliability of the data. It also reduces the risk of confidential information such as customer information being leaked, allowing for appropriate operation.
MDM (Master Data Management) Systems and Types
To implement MDM, you need a system to maintain proper management of master data. MDM systems are classified into the following four types. Let's review the characteristics of each and choose the one that is appropriate for your company's situation.
Eliminating silos and sharing data across organizations
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