Topic "Master Data Management"
Taking A Modern Approach So Your MDM Implementations Aren’t Lengthy, Difficult, or Costly Master Data Management (MDM) implementations have successfully delivered value across nearly every industry, sector, and geography. MDM has been a staple in data architectures for over 20 years and is recognized as a mature technology—but that doesn’t mean it’s stopped evolving. What is Master Data Management? Organizations... more
Supply chain leaders were already being tested in recent years by volatile market trends, rapidly changing customer demands, and new and emerging risks to supply chain disruption. The new reality of the global pandemic has introduced even more challenges for supply chain management. Although making use of agility and operational business insights to build supply chain resilience has long been a priority for CPOs, CFOs, and supply chain executives, the pandemic has increased the urgency: 31 percent of CFOs indicated supply chain issues rank as one of... more
Over the last few years, we have seen a wave of developments that have had an impact on executive decision-making. CFOs have been at the center of this disruption, as their role in the last five to 10 years has changed dramatically as more and more responsibility has been put on their plate. Today’s finance leaders not only need to arrive at recommendations at critical junctures for the organization, they also need to show how... more
Digital transformation has been a strategic corporate initiative for some time. Since the rapid onset of COVID-19, the pressure to transform has accelerated and become mission critical as digital has become the primary—or only—channel for most industries. What is digital transformation? Fundamentally, it is about converting analog processes to a digital format. The result is... more
We’ve been on an exponential path with data over the last decade. During Data 1.0, we used data to drive specific business applications and those applications managed master data. Data 2.0 saw data supporting enterprise-wide business processes and we used master data management (MDM) tools to ensure consistency of master data across applications. And in... more
Our customers are at the heart of our success. That is to say, here at Informatica we realize that without our customers’ success, guidance, and innovative use of our solutions, our continued industry leadership would not be possible. And it is because our customers have shared their experiences that Informatica has been recognized as a Customers’... more
I’m often asked about the differences between software as a service (SaaS)-based master data management (MDM) and on-premises MDM. The answer is not that simple and requires a bit of explanation. To understand this better requires an explanation of what SaaS is, as well as why companies choose it rather than an on-premises solution. Let’s... more
The COVID-19 crisis continues to accelerate the existing global shift towards eCommerce. In April 2020, the general retail sector experienced a 209% growth compared to the same period last year, according to an analysis by ACI Worldwide. Companies in most industries that previously had considered digital only as a complementary channel to their brick and... more
The COVID-19 crisis is forcing businesses to create urgent strategies for survival. Social distancing, while critical to mitigating the spread of the virus, has forced the closure of countless brick and mortar operations across the globe. The result is intense pressure for businesses to bolster their online strategies. Increased competition amidst a looming recession means... more
Omnichannel commerce was a consistent trend in 2019 and will continue to be a major aspect of customer experience (CX) strategy for brands and retailers in 2020. According to a Google report, 83% of U.S. shoppers who visited a store in the last week used online search before going to the store. And about 45%... more