How balancing the collection of and connection to data can help modernize data management

From Gartner’s ‘Modern Data Management Requires a Balance Between Collecting Data and Connecting to Data:Data and analytics leaders need to take an aggressive approach that creates an appropriate balance between data collection and data connection.

As the value of data as a core asset to digital business is now widely accepted, the most immediate reaction is attempting to collect it as if that was the key to delivering business value. The very popular data lake trend, for example, puts the collection process at the center. But collecting data doesn’t necessarily deliver business value, and collecting data may not even be possible.

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Announcing Magnitude ONE

As readers of this blog are aware, we have frequently discussed a variety of topics related to master data management. Over the course of the last decade we’ve enabled a good number of companies to deliver better reference and master data, across all domains (customer, product, financial, supplier, employee, etc.), and for operational as well as analytical systems. You can read about a few of them here. Read more

Fear or Greed: What’s Driving Your Information Management?

Lately we’ve been spending a fair amount of time talking to banks and investment firms about their information management challenges. One industry insider recently summed it all up for me by stating that organizations in this industry are motivated by one of two things – fear or greed. It might sound a bit crass, but that’s not a bad thing and I think it reflects the reality of the market we all, not just banks and investment firms, operate in.
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MDM Architectural Styles: Domains Matter

In a previous blog I discussed the four primary MDM architectural styles: consolidated, registry, coexistence, and transactional. In case you missed it, read it here: MDM Architecture Styles – Do you have the right mix? Each has their individual strengths and weaknesses, but no single MDM architectural style is ideal for every application.  Read more

MDM Architecture Styles – Do you have the right mix?

What is the right MDM architecture style for your organization? It’s definitely an open-ended question that deserves an informed answer, especially before making new investment decisions. But before tackling the question, it is useful to define and understand the MDM styles themselves. Dr. Dave Waddington of The Information Difference defined four broad styles in an article published in Information Management. Read more

Dear Data Scientist: Your Data Warehouse Is Blurring Your Vision

Look at the blurry image. If I gave you until the end of the day, could you tell me what it is? The patterns in the data tell you that “something” is there, but what? Iteratively increasing the pixels in the field of interest—resolution–brings those patterns into focus. Each iteration makes it clearer. Read more

But the wise man don’t know how it feels…

Who am I to let a good theme die?  Kudos to Jim Harris for his excellent follow up on his “Brickyard Chaos” blog with an even more insightful “Another Brick in the Wall” blog ( I love the Pink Floyd reference).  Truth be told, I’m a bigger classic rock fan than I am a NASCAR fan, thus the association of this blog to the epic “Thick as a Brick” from one of my personal favorites Jethro Tull.  Read more

Data Quality & User Overrides: Shut Up and Take My Money!

Last Tuesday a data quality vendor put out a blog post “Companies need to be educated on data quality” that essentially said that companies need to be educated in data management.    Read more

The Balance of Terror: Modeling Balances as Transaction Data or Reference Data?

When recently pondering how balance data should be modeled, I was reminded of my favorite Star Trek episode, The Balance of Terror. Those sneaky Romulans had crossed the neutral zone and were destroying Federation outposts. Naturally, only the Enterprise was close enough to intervene. Read more

Single Versions of the Truths

I just finished reading a blog by Forrester’s Connie Moore, “Do You Have a Single Version of Process?” on the Information Management website.  Read more