• Votes for this article no votes for this yet
  • Dashboard Insight Newsletter Sign Up

Gartner Highlights 10 Critical Myths and Realities of Master Data Management

Monday, January 24, 2011

The adoption of master data management (MDM) promises many benefits ranging from business agility and improved business performance to increased revenue and lower IT and business costs. However, according to Gartner, Inc., achieving these benefits often entails overcoming formidable technical, organizational and political hurdles.

Gartner defines MDM as a technology-enabled discipline that ensures the uniformity, accuracy, stewardship and semantic consistency of an enterprise's official, shared master data assets. Organizations use master data for consistency, simplification, uniformity of process, analysis and communication across the business.

“MDM is the latest attempt to solve the old problem of inconsistent versions of important data at the centre of an organization,” said Andrew White, research vice president at Gartner. “As with any new initiative, there is a lot of hype and confusion, and with hype and confusion comes misunderstanding. Executive sponsors of MDM and MDM program managers must avoid several common mistakes that have been known to derail MDM initiatives in the past.”

Article sourced from www.gartner.com, click here to read full story.

Tweet article    Stumble article    Digg article    Buzz article    Delicious bookmark      Dashboard Insight RSS Feed
 
Other articles by this author

Discussion:

No comments have been posted yet.

Site Map | Contribute | Privacy Policy | Contact Us | Dashboard Insight © 2017