Choose Index below for a list of all words and phrases defined in this glossary.
MDM - "A set of disciplines, processes and technologies, for ensuring the accuracy, completeness, timeliness and consistency of multiple domains of enterprise data - across applications, systems and databases, and across multiple business processes, functional areas, organizations, geographies and channels."
Dan Power, Hub Designs in DM Review, http://www.dmreview.com/specialreports/20070215/1075499-1.html , 12-Jan-2009 14:37
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MDM - "The set of disciplines and methods to ensure the currency, meaning, quality, and deployment of a company's reference data within and across subject areas."
Baseline Consulting, http://www.baselineconsulting.com/ , 12-Jan-2009 14:37
"MDM is the practice of defining and maintaining consistent definitions of business entities, then sharing them via integration techniques across multiple IT systems within an enterprise and sometimes beyond to partnering companies or customers."
Philip Russom TDWI MDM Portal, http://portals.tdwi.org/Articles/2008/11/Defining-Master-Data-Management.aspx?Page=3 , 12-Jan-2009 14:37
"MDM is the practice of acquiring, improving, and sharing master data."
Philip Russom TDWI MDM Portal, http://portals.tdwi.org/Articles/2008/11/Defining-Master-Data-Management.aspx?Page=3 , 12-Jan-2009 14:37
"MDM is the consistent and uniform set of identifiers and extended attributes that describe the core entities of the enterprise and are used across multiple business processes."
Gartner, http://www.gartner.com/ , 12-Jan-2009 14:37
Master Data Management (MDM) - A structured approach to defining and managing an organization's Master Data.
[Category=Data Governance ]
Source: The Data Governance Institute, 16 December 2009 09:23:31, http://www.datagovernance.com/glossary-governance/
Master Data Management - "MDM is the orchestration of people (roles & responsibilities), processes (automated and manual), policies and technologies to gain control of the quality of master data within an ecosystem."
Marty Mosely, 11 June 2010 13:24:52,
http://blog.initiate.com/index.php/2010/06/03/the-relationship-between-mdm-and-data-governance/
Master Data Management (MDM) - Master Data Management_ (MDM) is business context data that contains details (definitions and identifiers) of internal and external objects involved in business transactions (e.g., customer, product, reporting unit, NPS, market share). It explains the context within which you do business and holds the business rules. Master Data Management_ is a series of processes put in place to ensure that reference data is kept up to date and coordinated across an enterprise. Master Data Management_ is the organization, management and distribution of corporately adjudicated information with widespread use in the organization.
[Category=Information Management ]
Source: Information-Management.com, 27 June 2010 08:55:01, http://www.information-management.com/glossary/m.html
Master Data Management - Master Data Management_ (MDM) is business context data that contains details (definitions and identifiers) of internal and external objects involved in business transactions (e.g., customer, product, reporting unit, NPS, market share). It explains the context within which you do business and holds the business rules. Master Data Management_ is a series of processes put in place to ensure that reference data is kept up to date and coordinated across an enterprise. Master Data Management_ is the organization, management and distribution of corporately adjudicated information with widespread use in the organization.
[Category=Data Management ]
Source: DataMentors, 23 August 2010 09:25:53, http://www.datamentors.com/News-and-Resources/Glossary.html
Master Data Management - Master Data Management_ (MDM) is a set of processes used for collecting, aggregating, matching, consolidating and quality-checking data. The key objective of it is to ensure consistency of data within a company.
[Category=Database Marketing ]
Source: DBG, 08 May 2011 09:37:33, http://www.dbg.co.uk/glossary/1015
MDM - Master Data Management_ (MDM) comprises a set of processes and tools that consistently defines and manages the non-transactional data entities of an organization (which may include reference data). MDM has the objective of providing processes for collecting, aggregating, matching, consolidating, quality-assuring, persisting and distributing such data throughout an organization to ensure consistency and control in the ongoing maintenance and application use of this information.
[Category=Data Quality ]
Stibo Systems, 24 May 2011 09:22:57, http://www.stibosystems.com/US/Resources/Glossary/F.aspx
master data management (MDM) - Master data management (MDM) is a comprehensive method of enabling an enterprise to link all of its critical data to one file, called a master file, that provides a common point of reference. When properly done, MDM streamlines data sharing among personnel and departments. In addition, MDM can facilitate computing in multiple system architectures, platforms and applications.
The benefits of the MDM paradigm increase as the number and diversity of organizational departments, worker roles and computing applications expand. For this reason, MDM is more likely to be of value to large or complex enterprises than to small, medium-sized or simple ones. When companies merge, the implementation of MDM can minimize confusion and optimize the efficiency of the new, larger organization.
For MDM to function at its best, all personnel and departments must be taught how data is to be formatted, stored and accessed. Frequent, coordinated updates to the master data file are also essential.
See also: Collaborative Master Data Management (CMDM), business rule engine (BRE), executive dashboard, data visualisation / data visualization, data mining
Related glossary terms: Data Management_, golden record, master data
[Category=Data Management ]
Source: WhatIs.com, 24 August 2013 08:54:00, http://whatis.techtarget.com/glossary/Data-and-Data-Management
master data management (MDM) - Master data is any non-transactional data that is critical to the operation of a business–for example, customer or supplier data, product information, or employee data. MDM is the process of managing that data to ensure consistency, quality, and availability.
[Category=Big Data ]
Source: DataInformed, 03 November 2013 09:28:38, http://data-informed.com/glossary-of-big-data-terms/
Data Quality Glossary. A free resource from GRC Data Intelligence. For comments, questions or feedback: dqglossary@grcdi.nl