What and Why MasterDataManagement(MDM)?
What is Data? Data is different types of any useful information used for analysis and processing. Coming to Large scale application there is abundant of customer data available which is not processed, not analyzed may have duplicate records which leads to ambiguity for the enterprise. Here comes the picture of Master Data. What is Master Data: Many Software systems have list of data comes from different source systems to make up the system. So, the data from different source systems may have different data related to same customer which may be redundant, duplicate, unstructured, Transactional data, Meta data, Reference data, Master data... (Image from Google) A Master Data can be defined as True/Unique/Golden Copy and Single record of data which is processed from different Source Systems(c...