Sunday, April 18, 2010

Master Data Management(MDM)

After a long time I am writing this blog to keep myself learning something new and keep my self busy.

Now a days I am experimenting about the Master Data Management(MDM). Which is a hot topic now a days.

What is MDM?
MDM has the objective of providing process for collecting, Aggregating, matching, consolidating, quality-assuring, persisting and distributing the data throughout the organisation to ensure consistancy and control in the ongoing maintenance and application use of this information(Wikipedia).

Advanteges of using MDM

* There will not be any redundancy of data across the organisation.

* The problem with quality and consistency in data will be removed. so that there will not be any issues with reconciling the data.