Good
Reference data architecture is one of
the most important component to any
successful data related project ranging
from a simple data integration solution
to enterprise wide data warehouse. Master
Data Management (MDM) is part of Reference
Data Architecture which enables organizations
build a single blueprint of customers
and products. Integration of customer
and product entity is derived from cross
line of business and systems. The advantage
of building such structure enables organization
have a single point of reference with
common definition of format, length
and metadata for standardization and
common usage of attributes through out
the organization, which provides obvious
advantages like ease of integration,
breaking the silos to enterprise view,
enabling cross sharing of customer and
product information, reducing cost,
improving performance and time to market,
etc.
MDM tools are usually have metadata
driven architecture which supersedes
the tradition Reference data architectures
by enabling organization to do faster
and consolidated implementations. These
tools also incorporate the data quality
aspect or could be linked in with data
quality tools to have a true single
version of truth system of record source.
There are two major aspect when it comes
to integrating the data and forming
a reference structure are Customer Data
Integration (CDI) and Product Data Integration
( PDI). Most of the tools come with
this technology components that provide
the easy of starting from standard set
of attributes, mappings, conversion
procedures, data matching, purging,
etc that can be leveraged straight out
of the box.
We can help and provide you the rich
experience in building sound MDM architecture,
with a strategy to the future. It is
important to select tools which have
the CDI and PDI capabilities without
which it is no different than implementing
traditional MDM architectures, which
have their own set of limitations.
