Information about customers, including their names, contact details, and purchase history
Product Data
Details about products or services offered by the company, including descriptions, pricing, and specifications
Employee Data
Information about employees, such as names, roles, and contact information
Supplier Data
Data related to suppliers, including contact information and payment terms
Location Data
Details about various business locations, offices, or facilities
Financial Data
Data related to financial transactions, accounts, and budgets
Asset Data
Information about company assets, such as equipment, vehicles, and machinery
MDM Services
Data Integration
Data Access Control
Data Standardization
Data Quality Management
Data Distribution
Data Governance
Data Mastering
MDM Services apply to design, management, and governance of master data to ensure its accuracy, consistency, and reliability across the organization. This process typically includes the following components:
Two Key Aspects of the Master Data Management Solutions
Data Structure
Structure matters when it comes to data consumption. There are three categories of data we use:
Structured
ideal for applications with well-defined table structures
Semi-Structured
think of Excel, where data is neatly organized in columns
Unstructured
includes data from PDFs, Word documents, and websites converted into actionable data models
This aspect determines the complexity of our data ingestion models, ranging from easy to complex.
Data Utilization
It is equally important to understand how the data is utilized. We categorize data by how frequently it’s used:
Hot
is data that's frequently used and requires a constant transfer speed
Warm
is data used occasionally, mostly filled nightly or weekly
Cold
is infrequently used data, available on an as-needed basis
This aspect determines the digital resources needed to ensure optimal performance for your data source.
The benefits of effective data management include:
Effective data management gives companies a clear and reliable view of their most critical data assets, facilitates data-driven strategies, and ensures consistency across the organization.