With an effective master data management (MDM) strategy, you can ensure that your data always displays a single version of the truth across every channel, function and system in your business. Yet, to achieve a single, governed source of data – and the business benefits it brings – you need more than just MDM technology. Our team of MDM experts can provide the advice, implementation skills and on-going support and enhancement you need to make any MDM initiative a long-term success.
Master data management solutions help businesses remove data silos and create a single version of the truth with their data. The result is data – be it customer, product, asset or other records – that contains the same, accurate information whenever it is accessed across every channel, function and system in your business.
Managing master data effectively means improving the consistency and quality of business critical data such as product data, asset data, customer data, employee data and location data. But why is that important?
Creating and maintaining a single trusted source for all of your data across your business ensures that data is not siloed in different areas, but instead that it represents the most accurate and up to date records that can be accessed and shared across the business.
Where data is being shared by a number of parties across your business, having a rigorous and documented ownership and stewardship process is essential. Assigning responsibility ensures that your business is able to trust it and use that data when making critical decisions.
MDM is focused on high quality data, meaning all aspects of the process will require ongoing monitoring. Specific data quality dimensions are critical, and common data governance rules and themes must be agreed to ensure that the MDM continues to support business objectives.
With a comprehensive MDM strategy, and the right MDM solution to support it, you can:
Successful data management is all in the mixing. It's like making the perfect cocktail. Master Data Management can work wonders for your business - but only if it's underpinned by the right strategy. It's nothing short of an exact science - and must be taken seriously if you want what comes out to be worth drinking...
Master data management is a way of turning your data into accurate insight for your business’ operations. But what is MDM?
There are similarities between launching a rocket and propelling a business to the next level...
Even with the best MDM solution, there are barriers to success are only overcome with the right strategy
A successful MDM solution should align with Gartner’s seven building blocks of successful master data management. Our MDM services don’t just focus on technical delivery, but on the people and processes that make it work. Every Amplifi MDM project incorporates:
MDM is nothing without good quality, relevant data to fuel it
At Amplifi, we believe that data is the eighth building block to MDM success – and our data services give clients full confidence in the data at their disposal.
Amplifi offer MDM services at every step of the journey, to facilitate MDM solutions that drive business goals, not just an isolated data agenda. We have a wealth of experience advising clients in virtually every sector on the best MDM solution for their goals, and a range of partnerships with leading technology vendors, including those above.
You know you have issues with your data, but how do you know what course of action, and technological investment, is right for your unique business needs?
Amplifi offers a range of MDM advice services including Data Project Diagnosis, Data Project Readiness Assessment and Data Strategy.
You’re ready to embark on an MDM initiative – but what’s the best tool for your business, and how can you implement it effectively?
Amplifi can provide a vendor-neutral framework to assist you in your evaluation and selection of appropriate MDM technology, as well as MDM integration and implementation.
You've implemented the technology for your MDM solution, now how can you make sure you're utilising it to drive your business goals?
Amplifi offer a range of support services that make sure your MDM solution stays relevant and useful to your business - from day-to-day functionality to helping your MDM evolve with your business objectives.
Whichever stage of the master data management journey you're on, Amplifi can support you. To request a consultation with one of our MDM experts, please fill out the form and we’ll be in touch.
