Tag "Master Data Management"
Regulatory Affairs departments in Europe may be feeling more relaxed about the implementation of IDMP now than a few months ago. Not only because of holiday season, but buoyed by the intent to delay the official IDMP compliance deadline of July 1st 2016. Although the EU Commission has not formally accepted a delay, there are... more
I attended Master Data Management and Data Governance Summit in San Francisco last week. The two day event had as many as 20 sessions covering broadest and deepest practical advice on both MDM and Data Governance initiatives. Among many great sessions, one of my favorite sessions was from Anthony Vitale on overcoming the pitfalls for... more
Republished, by popular demand Dear Mom, I’ve been in the data management industry for over 20 years, and you’ve always been very supportive of my career – even though you admit you have no clue what it is I do for a living. So here’s my best shot at explaining what I do so you... more
According to FACTSET’s June 2015 report, U.S. M&A deal activity decreased in May, going down 6.3% with 903 announcements compared to 964 in April. However, aggregate M&A spending is increasing and on the rise. Over the past 3 months, the sectors that have seen the biggest increases in M&A deal activity, relative to the same... more
The Washington Post reported this month that government officials arrested 243 medical insurance fraudsters who stole $712 million in false billings to Medicare in the largest crackdown on healthcare fraud ever. Insurance claims fraud continues to burden the pocketbooks of the average consumer in today’s healthcare industry. According to a study by CIC insurance on... more
Seven steps to clean, trusted and aligned well data.
The Oil and Gas (O&G) industry is an important backbone of every economy. It is also an industry that has weathered the storm of constantly changing economic trends, regulations and technological innovations. O&G companies by nature have complex and intensive data processes. For a profitable functioning under changing trends, policies and guidelines, O&G’s need to... more
Achieving and maintaining a single, semantically consistent version of master data is crucial for every organization. As many companies are moving from an account or product-centric approach to a customer-centric model, master data management is becoming an important part of their enterprise data management strategy. MDM provides the clean, consistent and connected information your organizations... more
...it’s rare that the data about individuals is consistently accurate and complete from system to system. The ability to centralize all the data about individuals into a single, authoritative “record” is key to improving service delivery.
A friend of mine recently reached out to me about some advice on CRM solutions in the market. Though I have not worked for a CRM vendor, I’ve had both direct experience working for companies that implemented such solutions to my current role interacting with large and small organizations regarding their data requirements to support... more