master data management
Data is Useless
June 5, 2023With the explosion of big data, companies are stockpiling data left and right as if a data drought were around the corner. Without appropriate actions and processes, data is useless. Data Explosion Eric Schmidt said in 2010 that every 2 days we generate as much information as we did from the beginning of civilization until […]
The 3 Dimensions of Master Data Evolution
June 5, 2023Due to its highly organized and governed nature, Master Data is often mistaken for information with a structure and rules set in stone, changing only in content on a simple linear time dimension. This wrong perception leads new MDM projects owners to believe that the requirements definition and analysis can be managed in a very strict […]
Mastering Student Data Management: The Role of Master Data Management in Higher Education
May 30, 2023Universities are data rich, but need the right data management systems in place so that they can realize the true value of their resources. Investment in data infrastructure is a must in order to stay ahead in the digital age.
Master Data Management for Effective Supply Chain Management in Manufacturing
May 23, 2023Master Data Management (MDM) for Supply Chain Management: With many manufacturers having to reconsider their supply chains since Covid, reliable, efficient data to inform decision-making and help manufacturers manage risk is more important than ever.
Master Data Management in Retail: Why It Matters for Your Business Growth
May 16, 2023By Katie Joll Efficient management of data resources can make a huge difference for the retail sector. During the peak of the Covid-19 pandemic, many retailers were caught short of inventory when customers started stockpiling household necessities. Other retailers were better able to anticipate customer needs and either order in additional stock or impose purchase […]
Master Data Management: The Key to Enhancing Data Quality in Banking
May 9, 2023By Katie Joll The banking sector has seen dramatic transformations over the last decade, impacting most aspects of key operations. Banks have made progress with their data capabilities between new regulatory requirements and the prioritization of digital transformation, yet there’s still considerable room for improvement. A McKinsey report reveals that many institutions are not fully […]
How to Secure Executive Sponsorship for a Master Data Management Project in 5 Steps
May 3, 2023By Anna Li Executive sponsorship for a Master Data Management project is a must if you want it to be successful and scalable. Executive sponsorship stands out among key success factors for MDM projects. This article will help you win over your executive sponsor in five steps and pave the way for a successful enterprise-wide […]
Why Should Your Organization Implement Master Data Management (MDM)?
May 2, 2023By Scott Moore Why MDM? Master Data Management (MDM) helps organizations to streamline how large volumes of data are managed and create a reliable, single source of truth. Is your group ready to implement MDM? We’re addressing some common concerns. If your company is planning on implementing MDM, it’s understandable that you or some of […]
Leveraging Master Data Management to Enhance Risk Management in Financial Services
April 18, 2023Master Data Management can be critical in improving financial institutions’ risk management outcomes. Risk covers anything from decisions about individual clients to overall policies and practices in the organization. Meeting compliance targets and regulatory requirements is crucial, but is often encumbered by poor-quality data.
How MDM Helps Higher Education Improve Student Success and Retention
April 11, 2023Master Data Management (MDM) can be a game-changer for higher education institutions that need to improve their operational efficiencies to improve the student lifecycle. Higher Education Data Challenges Many higher education institutions are grappling with challenges across the entire student lifecycle. Operating models are under pressure, with the current slide in enrollment being noted by […]
Get Started with Master Data Management
April 6, 2023Getting started with Master Data Management doesn’t have to be overwhelming. The right MDM tools, and MDM implementation strategy, can make the process easy.
Semarchy Unified Data Platform (xDM + xDI) 2023.2 Updates
March 15, 2023Semarchy has aligned updates for xDM + xDI in a true unified data platform fashion to deliver more regular, predictable releases to support your evolving data strategies. Read our latest updates for Semarchy 2023.2 and how to get started.