Research and Markets: Growing Adoption of Master Data Management by Business - Analysesing 112 Large Companies' Adoption Of Master Data Management
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DUBLIN--(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/a511e7/growing_adoption_o) has announced the addition of the "Growing Adoption of Master Data Management by Business" report to their offering. This paper analyses a survey of 112 large companies' adoption of master data management. It looks at the business case for MDM, the barriers to success, how successful projects have been in practice, how broad the scope of MDM projects are, and the buying intentions of companies planning MDM projects. Master Data is data that is shared between computer systems, such as customer, product, asset, location or contract. The management of this data is known as master data management (MDM). The mounting pressure on businesses to increase fiscal data compliance, accountability and transparency has driven a growing number of organizations to put a tentative toe into the waters of MDM. This has in part been fuelled by the explosion of publications in this area aimed at convincing businesses that the route to consistent business information lies in effective management of their master data. There is however scant concrete information relating to the motivation and adoption of MDM by business. Against this background The Information Difference has conducted a survey in April 2008 into the take-up and adoption of master data management (MDM) software. Data was collected for the survey from 112 participants with 65% representing businesses with revenues in excess of USD 1 billion. Some 56% were from North America and 24% Europe. The purpose of the study was to gain understanding of amongst other factors the level of take up, the business motivation and the preferred approach to implementation. Key Topics Covered: * Executive summary * About this study * Business Case * Master data in the organisation * Current business data environment * Business expectations from MDM * Adoption and plans for MDM * Implementation and support * Conclusions * Recommendations For more information visit http://www.researchandmarkets.com/research/a511e7/growing_adoption_o Research and Markets Laura Wood Senior Manager press@researchandmarkets.com Fax from USA: 646-607-1907 Fax from rest of the world: +353-1-481-1716 Copyright Business Wire 2009
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