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“ Capitalising on MDM  in Times of Crisis” MDM SUMMIT Asia-Pacific 2009  Keynote Aaron Zornes Chief Research Officer The MDM Institute [email_address]   +1 650.743.2278
Who Are You? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
About the MDM Institute ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],“ Independent, Authoritative, & Relevant” ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
MDM Institute Advisory Council  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],100 organisations who receive unlimited MDM advice to key individuals, e.g. CTOs, CIOs, & MDM project leads Representative Members ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Enterprise Master Data Management 1 Market Review & Forecast ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Clearly, enterprise MDM is a major IT initiative  being undertaken by large number  of market-leading Global 5000 size enterprises ,[object Object],[object Object],[object Object],[object Object],[object Object]
Recent Uptake of MDM Solutions  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Global 5000 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Working Definitions Data Governance (DG)  Formal orchestration of  people, process, & technology to enable an organization to leverage data as an enterprise asset. CDI is mandatory first step for most organisations  on journey to MDM Master Data Management (MDM)  Authoritative, reliable foundation for data used across many applications & constituencies with goal to provide single view of truth no matter where it lies. Product Information Management  (PIM)  Processes & technologies for recognizing PRODUCT, SUPPLIER, & PRICING master data Customer Data Integration (CDI)  Processes & technologies for recognizing a customer & its relationships at any touch-point while aggregating, managing & harmonizing accurate, up-to-date knowledge about that customer to deliver it ‘just in time’ in an actionable form to touch-points.
Working Sub-Definitions For most G5000 enterprises,  multiple (often all) variants will be needed to make MDM initiatives successful Analytical MDM  Definition, creation, & analysis of master data; examples: counterparty risk mgmt apps & financial reporting consolidation Collaborative MDM  Definition, creation, & synchronization of master reference data via workflow & check-in / check-out services; examples: PIM data hubs & AML Operational MDM  Definition, creation, & synchronization of master data required for transactional systems & delivered via SOA; examples: near R/T customer hubs & securities masters
Enterprise Master Data Management:   Market Review & Forecast for 2008-12 ,[object Object],[object Object],[object Object],[object Object],[object Object],Enterprise MDM is increasingly mandated to manage master data  (customers, accounts, products, etc.)  that has significant impact on enterprises’ most important business processes “ Top Five” Business Drivers for MDM Initiatives
Enterprise Master Data Management:   Market Review & Forecast for 2008-12 ,[object Object],[object Object],[object Object],[object Object],[object Object],The market for MDM solutions is significantly & quickly expanding – across geographies, industries, & price points  “ Top Five” Report Findings
Solidified Requirements for  3 rd  Generation MDM Solutions  ,[object Object],[object Object],[object Object],[object Object],[object Object],MDM has morphed from “early adopter IT project” to “Global 5000 business strategy”; phase 2 MDM deployments are already fusing party & product domains MASTER  DATA  SEARCH  MASTER  DATA MODELING MASTER DATA  APPLICATIONS MDM MASTER  DATA PREPAR-ATION  MASTER DATA  GOVERNANCE MASTER DATA MOVEMENT
Evolving Requirements for  4 th  Generation MDM Solutions  ,[object Object],[object Object],[object Object],[object Object],[object Object],G5000 enterprises’ business strategies mandate long term, strategic “multi-entity MDM” – in turn enabled by policy-driven data governance MASTER  DATA  SEARCH  MASTER  DATA MODELING MASTER DATA  APPLICATIONS MDM MASTER  DATA PREPAR-ATION  MASTER DATA  GOVERNANCE MASTER DATA MOVEMENT
Business Value of Multi-Entity MDM ,[object Object],[object Object],[object Object],[object Object],Enterprises must plan now to realize economic value & competitive differentiation via multi-entity MDM  during next 2-5 years
MDM Technical Challenges 2009-10 ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Market is hyper dynamic in available solutions;  requirements vary by industry, scale & business complexity Historical MDM Solutions Synchronization  Enterprise  Application  Integration (EAI) Extract Transform Load  (ETL) Replication Aggregation Master Customer Files/DBs MDM
MDM Milestones www.tcdii.com/mdmresearch/assumptions.html   ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Strategic planning assumptions to assist  IT organizations & vendors in coping with flux & churn  of evolving MDM vendor landscape
Market Maturation Strategic Planning Assumption   ,[object Object],[object Object],[object Object],MDM MILESTONE
Market Momentum Strategic Planning Assumption   ,[object Object],[object Object],[object Object],MDM MILESTONE
Market Consolidation & Diversification Strategic Planning Assumption   ,[object Object],[object Object],[object Object],MDM MILESTONE
Budgets & Skills Strategic Planning Assumption ,[object Object],[object Object],[object Object],MDM MILESTONE
Career Tracks Strategic Planning Assumption ,[object Object],[object Object],[object Object],Market for expertise will create major demand  for corporate MDM positions during next 3-5 years Data Steward , Enterprise  Data Architect , Enterprise Data   Modeler,   Ctrs of Excellence, MDM  Programmers Product-Neutral Product-Specific Off-Shore On-Site
Data Governance Strategic Planning Assumption ,[object Object],[object Object],[object Object],MDM MILESTONE Data governance will remain problematic during 2009-10 for organisations attempting to scale into phase 2 MDM
MDM Convergence Strategic Planning Assumption ,[object Object],[object Object],[object Object],SOA-based multi-entity MDM manages master data domains (customers, accounts, products, etc.)  with significant impact on most important business processes
Why “Multi-Entity MDM”?  Why Now? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Enterprise MDM = multi-entity MDM  – such epiphany  enables the enterprise to avoid “random acts of MDM” Pricing Policy Hub Pricing Reference Master CDI Hub Location Master Customer Registry PIM Data Hub Evolutionary  Multi-Entity MDM Entity-Specific MDM Data Marts Myopic Strategic
Architecture & Data Models Strategic Planning Assumption ,[object Object],[object Object],[object Object],MDM MILESTONE
Identity Resolution  Strategic Planning Assumption ,[object Object],[object Object],[object Object],MDM MILESTONE
Market Update for Product Master Data  ,[object Object],[object Object],[object Object],[object Object],[object Object],Broader & deeper PIM requirements are pushing vendors to develop more comprehensive solutions; the PIM hub market will continue to grow quickly & attract new entrants
Findings ,[object Object],MDM Institute Advisory Council Consensus December 2008 internal round table  Even tactical MDM projects require facets  of the “enterprise MDM” solution set; enterprises must plan now to realize economic value & competitive differentiation  via 4th generation MDM during next 2-5 years
Summary ,[object Object],[object Object],[object Object],[object Object],Learn from MDM early adopters & prepare now  for “Enterprise MDM” to  increase business value & lower costs
Bottom Line ,[object Object],[object Object],[object Object],[object Object],[object Object],Plan now to realize economic value & competitive differentiation via multi-entity MDM during next 2-5 years
MDM SUMMIT™ Conference Series  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Authoritative Relevant Independent Aaron Zornes Founder & Chief Research Officer The MDM Institute The-MDM-Institute.com  a.k.a.  www.tcdii.com

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MDM SUMMIT Asia-Pacific 2009 Conference Keynote Aaron Zornes (Sydney April 2009)

  • 1. “ Capitalising on MDM in Times of Crisis” MDM SUMMIT Asia-Pacific 2009 Keynote Aaron Zornes Chief Research Officer The MDM Institute [email_address] +1 650.743.2278
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  • 7. Working Definitions Data Governance (DG) Formal orchestration of people, process, & technology to enable an organization to leverage data as an enterprise asset. CDI is mandatory first step for most organisations on journey to MDM Master Data Management (MDM) Authoritative, reliable foundation for data used across many applications & constituencies with goal to provide single view of truth no matter where it lies. Product Information Management (PIM) Processes & technologies for recognizing PRODUCT, SUPPLIER, & PRICING master data Customer Data Integration (CDI) Processes & technologies for recognizing a customer & its relationships at any touch-point while aggregating, managing & harmonizing accurate, up-to-date knowledge about that customer to deliver it ‘just in time’ in an actionable form to touch-points.
  • 8. Working Sub-Definitions For most G5000 enterprises, multiple (often all) variants will be needed to make MDM initiatives successful Analytical MDM Definition, creation, & analysis of master data; examples: counterparty risk mgmt apps & financial reporting consolidation Collaborative MDM Definition, creation, & synchronization of master reference data via workflow & check-in / check-out services; examples: PIM data hubs & AML Operational MDM Definition, creation, & synchronization of master data required for transactional systems & delivered via SOA; examples: near R/T customer hubs & securities masters
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  • 31. Authoritative Relevant Independent Aaron Zornes Founder & Chief Research Officer The MDM Institute The-MDM-Institute.com a.k.a. www.tcdii.com

Notes de l'éditeur

  1. All mega vendors will have an MDM story Therefore what is role of BOB vendors Role of mega vendors How does SAP shop address CUSTOMER data How does Oracle-Siebel shop handle PRODUCT data? Different entity type hubs, different brands will be the norm, not the exception … in G5000 enterprise