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What is master data management (MDM)?
Master Data Management is a business discipline that combines people, process and technology to ensure that a business' Master Data assets are managed effectively. It considers such aspects as ensuring accuracy, consistency of meaning, stewardship and accountability. By Master Data assets, we refer to the data used to describe the core entities of the business (such as the products they sell, the customers they interact with or the people they employ). Master data is relatively static in nature, in contrast to transactional data. For example, in the case of customer data, information about the customer - e.g. their name, date of birth and telephone number - could be considered Master Data, whereas a record of every interaction they have with the business - e.g. purchases made, visits to stores, gift vouchers redeemed etc - would be considered transactional data.
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What is Master Data Management?
BackOur Services
Strategic Consultancy
We work with our clients to understand your business vision and objectives, allowing us to curate a data strategy that compliments your goals. We provide a future state vision with concise requirements and the frameworks to make the right technology selection for you, alongside the organisational change roadmap required for you to become a data driven organisation.
Delivery & Implementation
Amplifi has become the most trusted name globally for the successful delivery of data driven solutions. Our delivery methodology is focused on all the key aspects that make data initiatives successful, focusing on not just the technology implementation but the required change initiative and the supporting quality metrics to ensure long-term, and sustainable success.
Support & Enhance
People see data initiatives as projects, but in fact there is a long term operation that needs to be run and evolve with your changing business. We provide consultancy and support to enhance and troubleshoot your data issues, ensuring the long term success of your initiative.
