Maintaining a single view of products, customers, locations, and financial accounts is a significant challenge. At its heart, master data management involves changing, consolidating, and rationalizing core processes such as new product introduction or customer (or patientcitizensupplier) registration and ongoing management. The greatest complexity comes from these business process changes and process integration issues, over and above the data integration requirements.
More Quotes from Henry Morris:
MDM reaches across a number of areas, where functional units within an organization need to share data on products, customers, locations, etc., across multiple systems. As companies gather more data, and have to make it usable for CRM and compliance purposes, they encounter increasing difficulties and questions. What data is correct Who is responsible for it Who maintains the informationHenry Morris
where there's a pattern that's complex in a certain highly ordered way, so that it's best explained as a product of an intelligent cause. The other side says that's a code word for G-O-D. Well, that may or may not be the case.
Henry Morris
The business and IT challenges associated with the ongoing management of master data have plagued companies for years, ... Organizations finding success with Hyperion's master data management technology illustrate the fact that with proper planning and discipline significant progress can be made and measurable benefits achieved.
Henry Morris
The only Bible-honoring conclusion is, of course, that Genesis 1-11 is actual historical truth, regardless of any scientific or chronological problems thereby entailed
Henry Morris
Fair Isaac continues to successfully deliver analytic applications that support critical business process and overall performance improvements, ... Fair Isaac's solutions for vital processes such as customer management, risk management and fraud control are well-established in the financial services industry, and the company continues to focus on expanding the relevance and impact of its analytics across industries.
Henry Morris
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Based on Topics: Management Quotes, Product QuotesBased on Keywords: rationalizing
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Problems arise in that one has to find a balance between what people need from you and what you need for yourself.
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