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
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
Lately we’ve been spending a fair amount of time talking to banks and investment firms about their information management challenges. One industry insider recently summed it all up for me by stating that organizations in this industry are motivated by one of two things – fear or greed. It might sound a bit crass, but that’s not a bad thing and I think it reflects the reality of the market we all, not just banks and investment firms, operate in.
In a previous blog I discussed the four primary MDM architectural styles: consolidated, registry, coexistence, and transactional. In case you missed it, read it here: MDM Architecture Styles – Do you have the right mix? Each has their individual strengths and weaknesses, but no single MDM architectural style is ideal for every application. Read more
Well, actually rather a lot. In a recent webinar in which I participated with Virgin Media, the question was raised by one of the attendees as a current requirement. It surprised me a little, as although I have had many theoretical conversations about the relationship between the two disciplines, it was refreshing to hear customers looking to take real action on the subject. This combined with no less than a dozen conversations with large financial services customers, analysts and industry alumni alike, has inspired me to share. Read more
What is the right MDM architecture style for your organization? It’s definitely an open-ended question that deserves an informed answer, especially before making new investment decisions. But before tackling the question, it is useful to define and understand the MDM styles themselves. Dr. Dave Waddington of The Information Difference defined four broad styles in an article published in Information Management. Read more
Who am I to let a good theme die? Kudos to Jim Harris for his excellent follow up on his “Brickyard Chaos” blog with an even more insightful “Another Brick in the Wall” blog ( I love the Pink Floyd reference). Truth be told, I’m a bigger classic rock fan than I am a NASCAR fan, thus the association of this blog to the epic “Thick as a Brick” from one of my personal favorites Jethro Tull. Read more
I just finished reading a Jim Harris blog “Chaos in the Big Data Brickyard”. When I saw the title, I thought that it must be a reference to the Indianapolis Motor Speedway, a.k.a.”The Brickyard”. I felt this was a reasonable assumption given the fact that NASCAR just ran their annual race there this past weekend. Read more
Join us Tuesday, December 11th at 11:00 am ET for a webinar discussing master data management’s role in Big Data. Andy Hayler, CEO of The Information Difference will release the results of his latest survey, in which 209 companies shared their views and experiences on Big Data and MDM. Read more
Magnitude Software is a leading provider of Enterprise Information Management software that is driving real business value for more than 600 active enterprise customers, with over 200,000 users in 100 countries. Our family of award-winning products enable customers to rapidly deliver business intelligence, data warehousing, master data management, reporting and analytics solutions.
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