by Angela Guess
Mike Vizard recently wrote that Big Data is effectively shining a spotlight on the need for successful master data management. Vizard writes, “As the sheer volume of data that needs to be both analyzed and managed continues to spiral out of control, IT organizations will need to start thinking more strategically about how they apply master data management (MDM).”
He continues, “For the most part, MDM has been largely thought of as the digital equivalent of good data housekeeping. But Steve Jones, global head of master data management at the IT services firm Capgemini, says MDM is rapidly moving up the IT priority list because it is a key set of technologies that not only help companies manage data more efficiently, but also tackle security, data governance and data quality issues.”
Vizard goes on, “The key issue, says Jones, is that companies need to realize that data is now a key asset that needs to be proactively managed. To accomplish that goal, companies need a comprehensive MDM strategy in place that not only reduces and improves the quality of data, but also provides a framework for tracking relationships across various data sets.”
photo credit: storyvillegirl
