My take on new CFO IT study: Growth in data analytics fuels fragmentation problem

The 2017 CFO IT study is out and it shines a bright future for data analytics. CFOs are setting the data agenda and the survey reveals more than 70 percent of CFOs and finance executives plan to devote substantial time to data analytics in the next two years.

While it’s great news that CFOs are focused on investing in their data analytics capability, what we are witnessing is that companies are now drowning in data. The data fragmentation issue is only getting bigger and it’s creating more complications for businesses to manage. Read more

Bad data, bad decisions?

The adage, ‘you get out of something what you put into it’  is topmost in my mind when it comes to how enterprises use data. If you trust the data that goes into your systems that feed critical business decisions, power to you! It’s our experience, however, that enterprises distrust the data that’s feeding their BI tools and decision-making processes. Read more

Webcast – An expert roundtable: Top considerations for effective, timely corporate performance insights

MDM Roundtable – Let’s Keep the Conversation Going!

In follow-up to the Webcast Top 3 Considerations for effective, timely corporate performance insights, our panel of experts from the MDM roundtable event will be standing by to answer your questions. Please feel free to post your thoughts, questions or comments in reply to this post.

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Labatt Customer Spotlight: Master Data Management Success

In this exclusive video from the MDM & Data Governance Conference in NYC with Aaron Zornes, Alice Bazdikian, Manager of MDM, Labatt Breweries of Canada offers her advice for IT leaders on master data management success

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Beer and Bits: Magnitude & ABInBev/Labatt Breweries

Magnitude and ABInBev/Labatt Breweries to Co-Present Keynote at MDM & Data Governance New York

A lot of things go into brewing beer. One of them is good data. Bringing it all together in a keynote at MDM & Data Governance New York this week is Magnitude CTO, Darren Peirce and LaBatt Breweries’ Manager of Master Data Management, Alice Bazdikian. Their keynote, “ABInBev/Labatt Breweries of Canada: Balancing Agility and Governance in Consolidating Data,” will be presented on Wednesday, November 9 at 11:00 a.m. ET.
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Achieving Proactive MDM – Assessing the Scene

A common maxim in the business world goes: If a problem is found in the design phase, it may cost $1 to fix, but if it is found once the product is released and in the hands of customers, it may cost $100 – or much, much more – to fix.
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The Time Is Right For Partners

The Partner Network here at Magnitude Software has been expanding rapidly over the past year across all of our product lines.  The need for high-quality Enterprise Information Management Professionals to represent, sell, and implement Business Intelligence, Operational Reporting and Corporate Performance Management, and Master Data Management solutions has never been higher. Read more

The Role of MDM in the Developing IT Landscape

I recently read an article from Bob Violino about The Growing Complexity of Data Integration. The article is in regard to organization’s deprecating functionality traditionally supported by monolithic ERP systems in favor of best-of-breed, cloud and SaaS based applications. This fracturing of core ERP functionality will create an even more complicated IT landscape fraught with data integration challenges.  Read more

Announcing Magnitude ONE

As readers of this blog are aware, we have frequently discussed a variety of topics related to master data management. Over the course of the last decade we’ve enabled a good number of companies to deliver better reference and master data, across all domains (customer, product, financial, supplier, employee, etc.), and for operational as well as analytical systems. You can read about a few of them here. Read more

Are Graph Databases the Shiny New Object in MDM?

I recently read a great blog post on smartdatacollective.com, From Master Data to Master Graph by Peter Perera.  I found myself agreeing with almost everything in the post, particularly once I realised he was using terminology slightly differently to how we would here at Magnitude Software (in particular I suspect he and I think of different things when we refer to “MDM Applications”).  What’s interesting is that although I’m in broad agreement with the arguments made, I’m not yet convinced with his conclusion of the post (which as I understood it is that graph database technology is the best foundation for master data management systems). Read more