Seven Scenarios for How & Where MDM Delivers Clear Business Value

With today’s explosive data growth from an ever-expanding array of sources, organizations are clearly paying greater attention to the discipline of master data management (MDM) and its role in helping to run, grow and transform businesses. However, where data and analytics leaders fall short is in communicating where and how MDM can deliver clear business value. Read more

Omnichannel_360_view_of_customer

Winning in Omnichannel begins with a 360 View of your Customer

The value of customer data has never been more valuable given the morphing of retail into an omnichannel world. In this age of the customer, the holy grail is capturing a 360 view of your customer both online and offline.

Just look at the recent Amazon and Whole Foods deal. According to WSJ, the big prize in this deal lies in the data. By bringing together online and offline data, Amazon can entice customers to make more impulse purchases online. Coordinating all the online and offline data points into a single person’s profile is the ultimate quest for any customer-centric brand. Google’s recent announcement to bridge the “online ad–offline purchase” gap to track credit and debit card transactions and link them to online consumer behavior is another leap forward in this area. Read more

Metadata and machine learning in data governance

Developments to watch: Metadata and machine learning in data governance

A theme that emerged from this year’s Gartner Data & Analytics Summit is that the future of data governance is evolving from a centralized compliance-focused strategy to one where decision-making is being democratized across the organization. According to Gartner, by 2020, 50 percent of information governance initiatives will be enacted with policies based on metadata alone.

So how does metadata apply to the democratization of decision-making? Consider the potential of machine learning for improving data governance processes. Read more

My take on new CFO IT study: Growth in data analytics fuels fragmentation problem

The 2017 CFO IT study is out and it shines a bright future for data analytics. CFOs are setting the data agenda and the survey reveals more than 70 percent of CFOs and finance executives plan to devote substantial time to data analytics in the next two years.

While it’s great news that CFOs are focused on investing in their data analytics capability, what we are witnessing is that companies are now drowning in data. The data fragmentation issue is only getting bigger and it’s creating more complications for businesses to manage. Read more

Bad data, bad decisions?

The adage, ‘you get out of something what you put into it’  is topmost in my mind when it comes to how enterprises use data. If you trust the data that goes into your systems that feed critical business decisions, power to you! It’s our experience, however, that enterprises distrust the data that’s feeding their BI tools and decision-making processes. Read more

Webcast – An expert roundtable: Top considerations for effective, timely corporate performance insights

MDM Roundtable – Let’s Keep the Conversation Going!

In follow-up to the Webcast Top 3 Considerations for effective, timely corporate performance insights, our panel of experts from the MDM roundtable event will be standing by to answer your questions. Please feel free to post your thoughts, questions or comments in reply to this post.

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Labatt Customer Spotlight: Master Data Management Success

In this exclusive video from the MDM & Data Governance Conference in NYC with Aaron Zornes, Alice Bazdikian, Manager of MDM, Labatt Breweries of Canada offers her advice for IT leaders on master data management success

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Beer and Bits: Magnitude & ABInBev/Labatt Breweries

Magnitude and ABInBev/Labatt Breweries to Co-Present Keynote at MDM & Data Governance New York

A lot of things go into brewing beer. One of them is good data. Bringing it all together in a keynote at MDM & Data Governance New York this week is Magnitude CTO, Darren Peirce and LaBatt Breweries’ Manager of Master Data Management, Alice Bazdikian. Their keynote, “ABInBev/Labatt Breweries of Canada: Balancing Agility and Governance in Consolidating Data,” will be presented on Wednesday, November 9 at 11:00 a.m. ET.
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Achieving Proactive MDM – Assessing the Scene

A common maxim in the business world goes: If a problem is found in the design phase, it may cost $1 to fix, but if it is found once the product is released and in the hands of customers, it may cost $100 – or much, much more – to fix.
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The Time Is Right For Partners

The Partner Network here at Magnitude Software has been expanding rapidly over the past year across all of our product lines.  The need for high-quality Enterprise Information Management Professionals to represent, sell, and implement Business Intelligence, Operational Reporting and Corporate Performance Management, and Master Data Management solutions has never been higher. Read more