Wht is the advantages of mdm

Question

wht is the exact use for company if the implement mdm .

Answer 1

Hi Ganishetti,
Master data is data about your customers, products, suppliers etc.Quality of master data has an impact on transactional and
analytical data.
What MDM Does:
Aggregate master data across SAP and non-SAP systems into a centralized master data repository. Once data is consolidated, you can search for data across linked systems, identify identical or similar objects across systems, and
provide key mapping for reliable companywide analytics and reporting.
Consolidate and harmonize master data from heterogeneous systems. Ensure high quality master data by distributing harmonized data that is globally relevant using distribution
mechanisms. Allow subscribing applications to enrich master data with locally relevant information.
Support company quality standards by ensuring the central control of master data, including maintenance and storage.
Distribute centrally created master data to client systems as required using distribution mechanisms.
System consolidation from R/3, ERP and other sources
Direct ODBC system access, extract flat files, 3rd party application data, XML sources and many moreu2026
Single pass data transformation, auto-mapping, validation rules, and exception handling.
Business Users can define matching rules, complex matching strategies,and conduct data profiling
Data Enrichment Controller to use 3rd party sources.
and other partners for address completion, company validation and enriching data.
Search and compare records, identify sub-attributes for consolidation in sub-second response times
Merge records seamlessly, tracking source systems with built in key mappings
Leverage out of box data models for consolidating data
Consolidation has never been easier Extract, cleanse and consolidate master data
HARMONIZATION
Cleanse and distribute across entire landscape.
CENTRAL MDM
Create consistent master data from the start centrally.
Advantages Of MDM
End-to-end solution. The MDM system provide an end-to-end
solution that automates the entire process of managing master data from start to finish, including bulk data import, centralized master data management, and published output to a variety of media.
u2022 Database-driven system. MDM layers a thick shell of functionality on top of a powerful SQL-based DBMS so that the MDM system is fully scalable and the master data is fully accessible to other SQLbased applications and tools.
u2022 Large capacity. The MDM system efficiently manages master data repositories containing up to millions of records.
u2022 Superior performance. MDM breaks through SQL performance
bottlenecks to deliver blazingly fast performance that is measured in milliseconds rather than seconds and is literally 100u20131000 times that of a SQL DBMS alone. No other system on the market today delivers comparable performance.
u2022 Powerful search and retrieval. All of the MDM modules include
powerful search and retrieval capabilities, so that an entire repository of thousands or millions of items can be easily searched and any item or group of items located in a matter of seconds.
you can follow the blog
/people/karen.comer/blog/2006/12/19/understanding-sap-netweaver-master-data-management-from-an-sap-netweaver-business-intelligence-perspective
Reward if helpful
Regards,
Vinay Yadav