Within an enterprise, critical data such as customer information, product details, asset records, and location data is used across various business units and operational systems. Managing this “master data” to ensure its accuracy, timeliness, and consistency is the core function of Master Data Management (MDM). This process, complemented by robust data governance practices, ensures that the responsibility for data quality is appropriately managed and verified. Over the past two decades, the software industry has provided systems to support MDM, but what functionalities are essential for a modern MDM system today?
Within an enterprise, critical data such as customer information, product details, asset records, and location data is used across various business units and operational systems. Managing this “master data” to ensure its accuracy, timeliness, and consistency is the core function of Master Data Management (MDM). This process, complemented by robust data governance practices, ensures that the responsibility for data quality is appropriately managed and verified. Over the past two decades, the software industry has provided systems to support MDM, but what functionalities are essential for a modern MDM system today? Read More Technology Blogs by SAP articles
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