Category Archives: Master Data Management
Join us this year at Informatica World!
We have a great line up of speakers and events to help you become a data driven healthcare organization… I’ve provided a few highlights below:
Participate in the Informatica World Keynote sessions with Sohaib Abbasi and Rick Smolan who wrote “The Human Face of Big Data” — learn more via this quick YouTube video: http://www.youtube.com/watch?v=7K5d9ArRLJE&feature=player_embedded
With more than 100 interactive and in-depth breakout sessions, spanning 6 different tracks, (Platform & Products, Architecture, Best Practices, Big Data, Hybrid IT and Tech Talk), Informatica World is an excellent way to ensure you are getting the most from your Informatica investment. Learn best practices from organizations who are realizing the potential of their data like: Ochsner Health, Sutter Health, UMass Memorial, Qualcomm and Paypal.
Finally, we want you to balance work with a little play… we invite you to network with industry peers at our Healthcare Cocktail Reception on the evening of Wednesday, June 5th and again during our Data Driven Healthcare Breakfast Roundtable on Thursday, June 6th.
See you there!
In my recent blog posts, we have looked at ways that master data management can become an integral component to the enterprise architecture, and I would be remiss if I did not look at how MDM dovetails with an emerging data management imperative: big data and big data analytics. Fortunately, the value of identity resolution and MDM has the potential for both contributing to performance improvement while enabling efficient entity extraction and recognition. (more…)
We’ve been spending a lot of time here at Informatica preparing for Informatica World. That means taking a big step back to take the broader view of all the change happening in the world of information management and data integration today. New data sources and new data technologies are emerging almost daily, and the pace is only accelerating. Our mission is to help our customers and our market not only cope with all this change, but to harness it for competitive advantage.
But even as we’re putting together the latest take on the big picture, we’re also zooming in on the technology “secret sauce” which makes it possible to manage all this change. Informatica has the “secret sauce”– it’s what makes our architecture unique, and it’s what allows us to deliver the most value to our customers.
I’m not going to tell you what the “secret sauce” is now– you have to come to Informatica World to find out. Our executives including Sohaib Abbasi, Ivan Chong and James Markarian will be laying out the big picture, as well as revealing the “secret sauce.” And I’ll be diving in to more details in my Informatica Platform overview breakout session.
I hope to see you in Vegas next month. (by the way, the special hotel rate ends this Friday May 3rd, so register today!)
One of the biggest issues I have with most MDM implementation is the sacrificing of assessing data consumer requirements in deference to data consolidation. In general, my complaint is that the creation of a master data repository does not guarantee any creation or improvement of value to the organization unless there are clearly-defined ways in which the master data sets are to be used. (more…)
One theme I briefly touched on in my previous post was the desire for consistency and synchronization of shared master data for the community of consuming business processes and applications. However, in our experience, from a business process perspective, synchronization goes beyond timeliness or currency of the data associated with any particular data domain. Yet in retrospect, one of the most common approaches to designing and deploying master data management projects has focused on implementing a single data domain at a time, concentrating on the consolidation (or as I often term it, “dump”) of data into the master repository. (more…)
In my conversations with different clients and prospects, I have detected both desire and apprehension when the topic of master data management in the cloud is raised. There are two competing pressures. The first is the steady migration of internal capability to cloud-based solutions, in which business process application functions are enabled via off-premise infrastructure. These capabilities are effectively activated through the migration of internal data to the cloud environment. The second is the concern about protection of sensitive data once it has been moved outside the organization’s administrative domain. (more…)
Ravi Shankar, vice president of Product Marketing for Master Data Management at Informatica explains why retailers need to focus on mastering their customer data in this short clip which goes into detail based on an article in Forbes: Why Retailers Need To Focus On Mastering Customer Data.
“When retailers can deepen their knowledge of the customer across all of today’s proliferating retail channels, they can strengthen customer loyalty, increase share of wallet, minimize operational costs and maximize profits. It sounds so simple – so why is it so hard?“
In my previous blog I explored the importance of a firm understanding of commercial packaged applications on data quality success. In this final post, I will examine the benefits of having operational experience as a key enabler of effective data quality delivery. (more…)
The general feeling, at the recent Gartner Master Data Management Summit, was one of excitement. It wasn’t just that this was the largest MDM Summit to date with 600+ registrants; it was also the buzz in and around the convention center. The conversation wasn’t about promises and “what ifs,” it was about tactics, and 2nd or even 3rd generation MDM initiatives. This growth is a sign that MDM has matured past the initial phase of high expectations, in Gartner’s hype cycle. To put it in Geoffrey Moore’s terms, I think it’s a sign that MDM has crossed the chasm from early adoption to more widespread, pragmatic adoption.
It has been a while since my last post but recent interactions with clients prompted me to pick up my virtual pen again. This time I would like to share my findings on how clients see the business case as a tool to prove the worth of a business initiative grounded in IT development. As a teaser; so you read the rest of the post, let me postulate that furniture assembly is a good analogy. (more…)