Master Data Management (MDM) Solutions
Centralize and secure your business-critical data management that ensures a uniform approach to discussing, reviewing, and acting on the data that drives your business.
What is Master Data Management?
As your organization grows, so too does the amount of data that you produce and collect—and the chance for error and disorganization.
What is MDM? By using technology, tools and a formal process, an organization can create a shared, accurate single source of truth for its critical business data, otherwise known as a Master Data Management strategy.
Master Data Management Tools and Solutions
Implementing MDM for your organization is a lot easier when you join forces with a Master Data Management provider like Datavail. Our team of knowledgeable MDM and data governance experts have helped countless companies get better use from their information from start to finish.
Datavail’s suite of Master Data Management (MDM) solutions includes:
- Data audits to determine how data gets into your company, where it comes from, where it gets stored, and how it is used.
- Proposing and implementing a data governance model that fits your organizational needs.
- Designing and executing a master data model and infrastructure.
- Implementing Master Data Management software, tools and technology where applicable in order to maintain a consistent, reliable single source of truth and to get more from your data.
- Cleansing, transforming, and harmonizing all the source data by leveraging best practices and a variety of toolsets best suited to the needs of your organization.
- Performing ongoing services to ensure that your enterprise data remains high-quality, reliable, and consistent.
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MDM System Benefits
By implementing an enterprise-wide MDM strategy, you won’t only be creating a centralized repository for critical master data that allows for fast and efficient access. You’ll also be enacting a set of data governance standards to ensure that your information remains reliable, consistent, and accessible to those who need it, when they need it.
No matter your organization’s size or industry, Master Data Management solutions can bring a wide range of advantages. MDM benefits include:
Improved collaboration:
Better MDM can help you break down organizational silos and share data across different teams and departments.
Better data quality:
Master Data Management can help make your data more accurate and up to date, which has ripple effects for the entire company. Similarly, a sound Master Data Management approach can eliminate duplicative data that can obfuscate the decision-making process.
Faster speeds:
Partnering with a skilled MDM provider will optimize your processing power by delivering results quickly. Our experience can increase your time to value by eliminating false starts and missed expectations.
Heightened security:
By helping you understating your data, you can readily make information accessible to those who need it (and need it quickly), while restricting access to those without authorization.
Across the Continent with Cloud Analytics
In this e-book we will look at 8 different companies Datavail partnered with to successfully move their analytics workloads to AWS, Azure, or Oracle.
Trust Datavail for MDM Master Data Management
Need assistance evaluating, implementing, testing, or maintaining a master data maintenance process for your business? Datavail can help.
Fill out the form on this page to schedule a chat with our team of MDM experts about your needs and objectives.
Further Reading
Master Data Management: How to Get the High-Quality Data Your Business Needs
Being a data-driven company should be the goal of every organization. Data helps you retain more customers, run more effective marketing campaigns, and make smarter business decisions in general.
Why Companies Fail to Implement a Data Governance Strategy
According to Gartner, only 20 percent of analytics insights will deliver business results through 2022. In other words, 80 percent of companies’ Big Data projects will fail and/or not deliver results.
Data Governance: A Valuable Part of Business Information Success
A Forrester Consulting study found that businesses relying on data management tools for their decision-making are 58 percent more likely to beat their revenue goals and 162 percent more likely to exceed these goals significantly.
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