Click to learn more about video blogger Scott Taylor. The Data Rants video blog series begins with host Scott Taylor “The Data Whisperer.” The series covers some of the most prominent questions in Data Management such as Master Data, the difference between Master Data and MDM, “truth” versus “meaning” in data, and so much more. […]
What is Master Data and Why Organizations Need It?
Click to learn more about video blogger Scott Taylor. The Data Rants video blog series begins with host Scott Taylor “The Data Whisperer.” The series covers some of the most prominent questions in Data Management such as Master Data, the difference between Master Data and MDM, “truth” versus “meaning” in data, and so much more. […]
Business Intelligence and Analytics Trends 2019
In 2019, Advanced Analytics capabilities with minimal manual efforts will remain the hallmark of all competitive Business Intelligence solutions. The Business Application Research Center (BARC) 2018 Business Intelligence Survey indicates that the global BI solutions market is slated for major technological changes. The primary technology initiatives that BI users can expect in 2019 are Cloud BI deployments, BI […]
NPI Plus MDM Yields Omnichannel Success
Click to learn more about author Bruck Assefa. New product development and introduction requires the collaborative participation of different departments, often working in parallel. New product introductions (NPI) often represent a make-or-break opportunity for manufacturers and brands, especially in younger companies. Yet the statistics on NPI success are daunting — recent studies from LNS Research highlight […]
Avoid Scandal: Don’t Let Your Data Maintenance Get Sloppy
Click to learn more about author Kristin McMahon. It’s well understood that data is critical to driving good business decisions, but it’s easy to forget that data also supports a number of other activities. Data is at the center of everything businesses do, and it’s also how potential customers are measuring their prospective vendors. Because of […]
Intelligent Data Management Supports Better Data Access
Data access is a right, not a privilege. That philosophy may not be directly stated by companies, but certainly they have moved in that direction. Of course, it’s understood that not everyone is entitled to access all data. Nonetheless, the landscape has changed from the days when IT primarily held the keys and access was […]
Master Data Management for Achieving GDPR Compliance
Click to learn more about author Bruck Assefa. Organizations are constantly at risk of paying a hefty penalty for not complying with rules and regulations that dictate how they should operate and do business. A recent research by the Ponemon Institute and GlobalScape entitled, “The True Cost of Compliance with Data Protection Regulations” concluded that the […]
Myths and Facts about Master Data Management (MDM): Part II
Click to learn more about author Bruck Assefa. Welcome back. In this article, we’ll dive into the next five myths about Master Data Management (MDM) and build off what we learned in Part I which covered the first five myths and corresponding facts. As we’ve learned, MDM can be a confusing topic, so I’d like to […]
Myths and Facts about Master Data Management
Click to learn more about author Bruck Assefa. Throughout my years in this industry, I’ve had the pleasure of educating organizations about the in’s and out’s of Master Data Management (MDM) solutions. In my discussions about the industry, use cases and technologies, a few things stood out to me as regular misconceptions and potential pitfalls. Most […]
Case Study: Using Data Quality and Data Management to Improve Patient Care
Mismatched patient data is the third leading cause of preventable death in the United States, according to healthIT.gov, and a 2016 survey by the Poneman Institute revealed that 86 percent of all healthcare practitioners know of an error caused by incorrect patient data. Patient misidentification is also responsible for 35 percent of denied insurance claims, […]