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What’s Behind Master Data Management and Why Does It Matter?

Domo

Data silos like these arent unique to healthcare. This is where master data management (MDM) comes in, offering a solution to these widespread data management issues. MDM ensures data accuracy, governance, and accountability across an enterprise. What is master data management (MDM)?

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The Rise of Small Data

GAVS Technology

Gartner predicts that by 2025, 70% of organizations will shift their focus from big to small and wide data, “providing more context for analytics and making AI less data hungry.”. Now the big question is what is Small Data? What is Small Data? Emerging trends do not always have a perfect definition. link] [link].

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Keys to Data Fluency: Shared Understanding

Juice Analytics

Where else to get started : Quanthub offers an adaptive educational platform focused on building data skills in your organization. Shared Definitions and Terminology You want everyone in your organization to know what is meant by the data being shared. Link to it when you present data in a dashboard, report, or data story.

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Enterprise Data Management: Strategy, Benefits, Best Practices

Astera

This article covers everything about enterprise data management, including its definition, components, comparison with master data management, benefits, and best practices. What Is Enterprise Data Management (EDM)? Management of all enterprise data, including master data.

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The Impact of Data Quality on M&A Success

Astera

Organizations should prioritize high data quality during the mid-merge stage as it helps in: Master Data Management (MDM): High-quality data is essential for creating a single, authoritative source of truth (master data) across the combined organization.

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Top 10 Analytics And Business Intelligence Trends For 2020

Data Pine

It is not only important to gather as much information possible, but the quality and the context in which data is being used and interpreted serves as the main focus for the future of business intelligence. Accordingly, the rise of master data management is becoming a key priority in the business intelligence strategy of a company.

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What is Metadata Management? Benefits, Framework, Tools, Use Cases, Best Practices

Astera

Master data management vs. Metadata management Before proceeding, it’s essential to clarify that while both master data management (MDM) and metadata management are crucial components of data management and governance, they are two unique concepts and, therefore, not interchangeable.