Dear Andrew White,
Thank you for your comments in “Something beyond MDM is coming your way – would MDM 2.0 fly?” and starting the discussion to expand the definition of MDM to include data integrity, data quality, entity resolution, matching, data integration, governance, metrics and analysis. The topics discussed should also include work flow (management of data and analysts), translation management, data structuring, data profiling, duplication removal, data change management, verification contact management, etc.
The MDM and PIM software industry needs to take a step back to understand actual day to day business requirements of data management to achieve Master Data Quality. Lesson one is that data is created and supplied by many sources in many different formats at various quality levels. Data is created by engineering, submitted by integrators, manufacturers and suppliers. To add to the complexity of the information flow, data is introduced into businesses systems in different departments (engineering or purchasing or maybe plant from maintenance) with different data requirements to meet the needs of that job function. Now the next dynamic is mashing new data to existing legacy data in a number of systems to ensure no duplicates are created, managing obsolete / recommended use and functional equivalents. The old philosophies of a PIM or MDM software to “hold, provide search functionality and maybe a shopping cart” isn’t going to meet the true requirements of the new definitions of Master Data Management.
To meet the new definitions the MDM or PIM software needs to provide horse power to electronically and intelligently processing data to identify exceptions for manual intervention by an analyst. Data should be processed one time to ensure that the data record will be enriched to meet the requirements of the enterprise and then the record is moved to a maintenance program (managed also by the MDM or PIM software). The processing of data needs to be efficient and cost effective, from my perspective the cost of data management should be covered by the cost saving achieved by MDM management.
I look forward to the discussions as the definition of MDM is expanded to include data quality, data governance, data provenience as the software industry provides the intelligence, functionality and business processes to cleanse, enrich and management data for my client to ensure their ability to make confident business decisions based on data integrity and accuracy.
Here is to the future of PIM and MDM!
Jackie Roberts
