These days, Master Data Management is more commonly known as a tool to produce a single view of data. Technically it does, but it involves so much more than simply implementing a tool and pressing a button to reveal a single view of your data.
At EC Integrators, our Master Data Management consultants know that MDM is a complex combination of managing data processes, improving its efficiency and effectiveness, and then maintaining it to consistently deliver the sought after single source of truth.
Whilst complex, MDM implementations have been proven to yield significant returns. From our research, we found that organisations with MDM programs in place grew their revenues organically by 45% more than their non-MDM enabled counterparts.
Learn more about MDM implementations here.