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Why Master Data Management matters
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Why Master Data Management matters
1.
i Based on presentation
by Dmitry Kovalchuk titled ‘Attention Data’ Why Data Management Matters Oliver Baasch Principal Solution Architect Oracle Asia Pacific
2.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 122 Your company depends on resources
3.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 123 You plan resources
4.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 124 You pull resources You plan resources
5.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 125 You pull resources You store resources You plan resources
6.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 126 You pull resources You store resources You utilise resources You plan resources
7.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 127 You manage your resources to be effective
8.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 128 You manage finances
9.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 129 You manage people
10.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1210 You manage inventories
11.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1211 You manage time
12.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1212 Why don’t you manage your data?
13.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1213 Data is not a trivial resource
14.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1214 Data volumes grow much faster than your other resources V t $ About 40% a year
15.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1215 No longer timely Perhaps your data is…
16.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1216 No longer timely Hard to access Perhaps your data is…
17.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1217 No longer timely Hard to access Poor quality Perhaps your data is…
18.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1218 No longer timely Hard to access Poor quality Incomplete Perhaps your data is…
19.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1219 Are you aware of the problem?
20.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1220 Why do you put up with it?
21.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1221 Imagine if your other resources were…
22.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1222 no longer timely
23.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1223 hard to access
24.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1224 of poor quality
25.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1225 or incomplete
26.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1226 If you don’t manage data it can become a virus…
27.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1227 It can be invisible - you might not know about it
28.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1228 It penetrates everywhere
29.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1229 It harms you from the inside
30.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1230 You get inaccurate reports
31.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1231 You make bad decisions
32.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1232 You spend more and more on remediation
33.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1233 You become ineffective
34.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1234 But there is good news
35.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1235 Hundreds of companies have avoided this situation
36.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1236 By managing their data like other resources
37.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1237 Their data is always… in the right time and place
38.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1238 Their data is always… the right volume in the right time and place
39.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1239 Their data is always… the right volume the right quality in the right time and place
40.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1240 Their information is accurate
41.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1241 Their information is accurate They make intelligent decisions
42.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1242 Their information is accurate They make intelligent decisions They trust their decisions
43.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1243 They are successful
44.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1244 Do you want to be like them?
45.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1245 You need to: Manage Your Data
46.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1246 Best practices will get you started
47.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1247 Start with the most important information: Master Data
48.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1248 Start small: Choose one data domain Customer Master Data CRM ERP DWH Other such as Customer Master Data
49.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1249 Think Big: Enterprise Information Management Unstructured Data Metadata Reference Data Big Data Transactional Data Master data Other Data Enterprise Information
50.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1250 Stable Data Governance Accountability Processes Policies Roles Responsibilities Procedures Standards Metrics
51.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1251 Implement prescriptive technologies
52.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1252 Measure the quality of data and business benefits
53.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1253 All this leads to…
54.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1254 Your data as a usable trustworthy resource
55.
Copyright © 2012,
Oracle and/or its affiliates. All rights reserved. Insert Information Protection Policy Classification from Slide 1255