Master Data Management - What is it?
Concise, high-value definitions of Master Data Management (MDM) by expert users, analysts, implementers and journalists. A great starting point to learn about MDM, including functional and technical definitions and perspectives.
| Dow's Master Data Management Business Processes |
| Master Data Management is a set of disciplines, technologies, and solutions used to create and maintain consistent, complete, contextual and accurate business data for all stakeholders (users, and applications) across and beyond the enterprise. |
| Jim Whyte, Dow Chemical |
| Master Data Management Definition |
| "Master data management (MDM) comprises a set of processes and tools which consistently define and manage the non-transactional data entities of an organization (also called reference data). MDM has the objective of providing processes for collecting, aggregating, matching, consolidating, quality-assuring, persisting and distributing such data throughout an organization in such a way as to ensure consistency and control in the ongoing maintenance and application use of this information." |
| Wikipedia |
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