Since Kalido delivered its first MDM product in 2004, we’ve been watching the market evolve. Many customers scanned the market, not entirely sure what they would do with such a concept. Early adopters took a chance in MDM to see if they could get the core value proposition right; that managing master data would reduce the amount of redundant data and reduce costs for data storage. After five years, the business benefits far outweigh the IT benefits of storing less data. Read more
Last week I attended the MDM Summit in New York, ably hosted by Aaron Zornes. I sat on a panel discussing master data management business and technology strategies for the IT executive. It was a eclectic panel; me, Elaine Bradshaw, SVP at Marsh in charge of data management, Nachi Desai, VP of enterprise architecture and BI at 1-800-flowers.com, and Sandeep Manchanda, Head of Information & Technology Management, General Insurance at Zurich Financial Services.
What was fascinating to me was that each of these very accomplished executives was taking a different approach to implementing MDM in their enterprise, but each in their own way understands the critical need for business end-user and executive involvement. Read more
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