by Angela Guess
Rob Karel of Forrester recently commented on colleague Bran Hopkins analysis that master data management and supporting data governance efforts remain among the top strategies utilized by enterprise architects. Karel writes, “Firms are finally recognizing that there is an unbreakable link between processes and data and that trying to accomplish MDM without accounting for the business processes that generate, govern, and consume the data is difficult or impossible.”
He continues, “Process data management aligns data efforts such as MDM with the targeted business processes, decisions, and interactions that most effectively demonstrate business value from data investments. We expect continued investment in MDM, but the nature of enterprise business process transformation makes progress slow. Technology investments will continue in both MDM and BPM, with leading firms coordinating the efforts and expanding their single-domain MDM solutions (such as common customer) to multidomain enterprise MDM implementations.”
He continues, “Leading firms recognize data governance as a prerequisite to the success of many other initiatives. Accordingly, data governance has reemerged with vigor, gaining newfound visibility. However, according to our November 2010 Global Master Data Management Online Survey, 70% of the 113 IT professionals responding reported data governance efforts that are primarily IT-driven. We do see a slight increase in the number of programs that are enterprise-driven in which both business and IT participate equally, but we think this trend is significant.”
photo credit: ToGa Wanderings
