By: Dr Dave Waddington, Senior VP and Head of Research, The Information Difference
Published: 9th April 2009
Copyright The Information Difference © 2009
Master data management (MDM) has emerged as a key area of information management in the last few years. Initially much of the architectural debate was about whether to be data domain-specific or not, with vendors focused on providing customer or product-specific hubs. In the past couple of years the industry has realised that organisations want a uniform approach to all their master data and vendors have started to address this requirement. There is, however, still a significant divide about the style of implementation, with some vendors specialising in certain areas, and some confusion has arisen around terms such as "operational MDM", "registry" and "analytic MDM" used for various approaches to implementing MDM. Implementation approaches focus either on managing master data associated with business intelligence and reporting (termed analytic MDM) or managing master data associated with transactional systems (termed operational MDM). There has also been discussion of the use of federated approaches for MDM.
At The Information Difference we believe it is important for both organizations and vendors to understand how MDM is generally being implemented, so as to gain insight into the underlying reasons for the approaches selected and the available experience to date. We have therefore conducted a survey (sponsored by Microsoft™) aimed at gaining deeper insight into the views and plans of businesses regarding their current or planned MDM initiatives, focused on the styles and architectures adopted or planned to be implemented.
Some 188 respondents completed the survey from all around the world, the majority from North America (59%) and Europe (20%). Most of the respondents were from companies having annual revenues greater than US $ 1 billion and represented a wide spectrum of industries. The responses were split between two groups—those that had already adopted MDM and those planning to do so.
The key findings from the survey are summarized below:
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Published by: electronicdawn Ltd.