I read with interest a Gartner report, Modern Data Management Requires a Balance Between Collecting Data and Connecting to Data, that made the case for a bi-modal approach to connecting and collecting data. The case being made is that being able to react “at the edges” of broader data infrastructure (making decisions based on real time data displayed on a tablet, for example) requires direct connection of processes and devices, while collection of data for operations and management insight requires a central collection point and rigorous validation of data accuracy and quality. However, ALL data requires a series of integration processes that describe, organize and integrate the information. That first step, the description, includes the location, trustworthiness and meaning of the data in question. Read more
It seems these days that everyone is looking for a “360-degree view” of customer, product, vendor and just about every category of information you can think of. However, getting there is not always so easy, and gets harder as organizations get larger.
Today, very few organizations have only one operational system, and many have several. It is not uncommon for us to encounter clients with 3, 4 or more ERPs, not to mention other legacy applications and data sources. As these systems grew over time they became more and more siloed, with each system focusing on a different view of data, all of which much be reconciled and combined. How do we integrate say, customer data, from 4 or 5 sources when there are no common identifiers and even things like names and addresses are inconsistent in format or spelling? Read more
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
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
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.
It’s been a year of tremendous momentum for Magnitude, from acquisition announcements of Simba Technologies and Datalytics to the release of key new products like RTD Stream. This week the momentum continues as KMWorld Magazine announced that Magnitude ONE is featured in its September issue as one of its Trend-Setting Products of 2016!
Magnitude Software has taken another important step in our strategic journey with the acquisition of Simba Technologies, a global provider of standards-based relational and multi-dimensional data connectivity solutions.
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
I recently read an article from Bob Violino about The Growing Complexity of Data Integration. The article is in regard to organization’s deprecating functionality traditionally supported by monolithic ERP systems in favor of best-of-breed, cloud and SaaS based applications. This fracturing of core ERP functionality will create an even more complicated IT landscape fraught with data integration challenges. Read more