Addressing Enterprise Information Challenges through Effective Master Data Management
Information grows exponentially in most enterprises. The need to analyze and interpret this information is essential to be able to meet business objectives.
While there are a variety of ways to address both these challenges, there is general consensus that individual point solutions do not scale to meet enterprise needs. While analysis and interpretation of data requires an enterprise business intelligence platform, the management of this data has to be done in a manner that minimizes redundancy and optimizes accuracy of the information available to the BI systems.
Master Data Management is a generally accepted approach to managing critical business information today. The realization that it is a journey and not an end state is critical for realizing benefits from an MDM program. From the recognition of the need for MDM, to maintaining high quality data on a long term basis involves the evolution of the organization through stages that might be termed a journey from enablement to profitability. These stages transcend IT, touching different functions in a company e.g. operations, business, etc.
Infosys has worked with a wide array of clients, implementing Oracle MDM solutions across the comprehensive suite of Oracle MDM applications like Oracle Customer Data Hub/UCM, PIM Data Hub, Hyperion DRM, and the Oracle Data Quality Servers. We have developed a comprehensive set of MDM-specific methodologies, tools, process templates, reference architecture to help deliver MDM programs
We will be sharing best practices from these case studies as well as addressing key questions you may have related to handling and implementing master data management programs in your enterprise at Oracle Open World in San Francisco from October 11-15th, 2009. Meet us at Booth# 411, Moscone South. for answers to these questions, and more:
1. How effective are you at meeting your customers’ needs? Do you feel that you lack a comprehensive view of your customers, leading to loss of cross-sell/up-sell & reduced customer satisfaction?
2. Are you facing challenges in defining an organization wide data governance strategy for all master data?
3. Are you leveraging your product information across your supply chain to optimize cost and increase sales?
4. How do you achieve true Business Intelligence through integrated data use and management?
5. Is accurate master data an integral part of your enterprise IT roadmap?
-Aaman Lamba
Explore more on this at OOW'09 - http://www.infosys.com/oracle/oracle-openworld-california09/default.asp
