All data management activities—whether internally or externally focused—should either reduce costs or grow earnings. Published at: https://www.eckerson.com/articles/book-review-how-to-make-money-with-data

Discover how master data management (MDM) provides language models with high-quality enterprise data to improve their response accuracy. Published at: https://www.eckerson.com/articles/improving-genai-accuracy-with-master-data-management

Data management practices have changed substantially since the early 1990s and the dawn of data warehousing. Published at: https://www.eckerson.com/articles/the-continuing-evolution-of-data-management

Data democratization is the buzzword to describe empowering enterprise stakeholders with data. While there have been advances in data management, governance, and analytics, something keeps getting in the way of achieving data democratization. Published at: https://www.eckerson.com/articles/data-democratization-and-the-duties-of-data-citizenship

Most organizations view data as an asset to be actively managed with standards, controls, and discipline. Yet, they are passive and casual about metadata. Data is managed. Metadata happens. As data management becomes more complex, metadata management is becoming an essential discipline. It is time to think about metadata management from an architectural perspective. Published at: https://www.eckerson.com/articles/an-architectural-view-of-metadata-management

This final blog in our series on the ROI of master data management recommends ways for data teams to iterate their MDM initiatives based on the successes and failures of their first project. Published: https://www.eckerson.com/articles/driving-roi-with-master-data-management-part-iii-project-iteration

Simba Khadder and Kevin Petrie discuss strategies to overcome technical debt in implementation, the pivotal role of data in the success of ML projects, navigating regulatory compliance in machine learning, and the future of AI governance.

Learn how to attain an optimal return on investment (ROI) with MDM by choosing the appropriate architectural strategy and evaluating progress during the initial project implementation. Published at: https://www.eckerson.com/articles/driving-roi-with-master-data-management-part-ii-your-first-project

MDM creates business value in three ways: it streamlines infrastructure, streamlines processes, and reduces risk. Published at: https://www.eckerson.com/articles/driving-roi-with-master-data-management-part-1-build-your-business-case

There’s so much hype surrounding data products that you have to wonder if it’s just another buzzword. But there’s more to data products than buzz. In this article, you’ll learn how the concept is a meaningful step forward in the art and science of data management. Published at: https://www.eckerson.com/articles/best-practices-for-developing-and-scaling-data-products

Designed and implemented well, automated workflows can make the modern business just a little less chaotic and complex. This blog explores the opportunity for automated workflows to help cross-functional teams collaborate and standardize organizational master data. Published at: https://www.eckerson.com/articles/master-data-management-and-operational-workflows-two-modern-use-cases

We must treat metadata like a fully-vested member of the enterprise data landscape. A unifying taxonomy is a good place to start making metadata a focus of data management rather than just a tool. This article explores how to start wrangling diverse and distributed metadata. Published at: https://www.eckerson.com/articles/wrangling-metadata-making-it-the-object-of-data-management

Active metadata is not a type of metadata, it’s a way of using metadata to power systems. Active metadata is a critical feature of modern data architectures such as data fabric and data mesh. It makes things work such as data access management, data classification, and data quality management. Published at: https://www.eckerson.com/articles/active-metadata-the-critical-factor-for-mastering-modern-data-management

The need for adaptable data management architecture has never been more pressing. Yet getting there seems to be more confusing than ever. The field is rampant with buzzwords: data lake, data lakehouse, data fabric, data mesh, data hub, data as a network. Making sense of the confusion begins with sorting out the buzzwords. Published at: https://www.eckerson.com/articles/data-architecture-complex-vs-complicated

Companies are investing in new solutions—such as data fabric, data access governance, and data observability—to keep pace with expanding business appetite for data. Pervasive use of metadata to solve data management problems means that metadata is itself a valuable data asset that we must proactively manage. Published at: https://www.eckerson.com/articles/metadata-is-data-so-manage-it-like-data

Today’s data architecture discussions are heavily biased toward managing data for analytics, with attention to big data, scalability, cloud, and cross-platform data management. We need to acknowledge analytics bias and address management of operational data. Ignoring operational data architecture is a sure path to technical debt and future data management pain. Published at: https://www.eckerson.com/articles/the-yin-and-yang-of-data-architecture

COVID, inflation, broken supply chains, and not-so-distant war make this a turbulent time for the modern consumer. During times like these, families tend to their nests, which leads to lots of home-improvement projects…which means lots of painting.

Today we explore the case study of a Fortune 500 producer of the paints and stains that coat many households, consumer products, and even mechanical vehicles. While business expands, this company needs to carefully align the records that track hundreds of suppliers, thousands of storefronts, and millions of customers.

Business expansion and complex supply chains make it particularly important—and challenging—for enterprises such as this paint producer, which we’ll call Bright Colors, to accurately describe the entities that make up their business. They need to be governed, validated data to describe entities such as their products, locations, and customers. Master data management, also known as MDM, streamlines operations and assists data governance by reconciling disparate data records into golden records and ideally a single source of truth.

We’re excited to share our conversation with an industry expert that helps Bright Colors and other Fortune 2000 enterprises navigate turbulent times with effective strategies for MDM and data governance.

Dave Wilkinson is chief technology officer with D3Clarity, a global strategy and implementation services firm that seeks to ensure digital certainty, security, and trust. D3Clarity is a partner of Semarchy, whose Intelligent Data Hub software helps enterprises govern and manage master data, reference data, data quality, enrichment, and workflows. Semarchy sponsored this podcast.

Fast-casual restaurants offer a fascinating microcosm of the turbulent forces confronting enterprises today—and the pivotal role that data plays in helping them maintain competitive advantage. COVID prompted customers to order their Chipotle burritos, Shake Shack milkshakes, and Bruegger’s Bagels for home delivery, and this trend continues in 2022. Supply-chain disruptions, meanwhile, force fast-casual restaurants to make some fast pivots between suppliers in order to keep their shelves stocked. And the market continues to grow as these companies win customers, add locations, and expand delivery partnerships.

These three industry trends—home delivery, supply-chain disruptions, and market expansion—all depend on governed, accurate data to describe entities such as orders, ingredients, and locations. Data quality and master data management therefore play a more pivotal role than ever in the success of fast-casual restaurants. Master data management, also known as MDM, streamlines operations and assists data governance by reconciling disparate data records into a golden record and source of truth. If you’re looking for an ideal case study for how MDM drives enterprise reinvention, agility, and growth, this is it.

We’re excited to talk with an industry expert that helps fast-casual restaurants handle these turbulent forces with effective strategies for managing data and especially master data. Matt Zingariello is Vice President of Data Strategy Services with Keyrus, a global consultancy that helps enterprises use data assets to optimize their digital strategies and customer experience. Matt leads a team that provides industry-specific advisory and implementation services to help enterprises address challenges such as data governance and MDM.

Keyrus is a partner of Semarchy, whose Intelligent Data Hub software helps enterprises govern and manage master data, reference data, data quality, enrichment, and workflows. Semarchy sponsored this podcast.

In our podcast, we'll define data quality and MDM as part of data governance. We’ll explore why enterprises need data quality and MDM, and how they can craft effective data quality and MDM strategies, with a focus on fast-casual restaurants as a case study.

It’s hard to find a data discipline today that is under more pressure than data governance. One on side, the supply of data is exploding. As enterprises transform their business to compete in the 2020s, they digitize myriad events and interactions, which creates mountains of data that they need to control. On the other side, demand for data is exploding. Business owners at all levels of the enterprise need to inform their decisions and drive their operations with data.

Under these pressures, data governance teams must ensure business owners access and consume the right, high-quality data. This requires master data management—the reconciliation of disparate data records into a golden record and source of truth—which assists data governance at many modern enterprises.

In this episode, our host Kevin Petrie, VP of Research at Eckerson Group talks with our guests Felicia Perez, Managing Director, Information as a Product Program at National Student Clearinghouse, and Patrick O'Halloran, enterprise data scientist as they define what data quality and MDM are, why you need them, and how best to achieve effective data quality and MDM.

The advent of big data, self-service analytics, and cloud applications has created a need for new ways to manage data access. New data access governance tools promise to simplify and standardize data access and authorization across an enterprise. Data management expert, Sanjeev Mohan, provides an industry perspective on this emerging technology and what it means for data analytics teams.

Master Data Management is no shiny object. But like many traditional IT practices, MDM is being severely tested – and rendered all the more strategic – by digitalization and rising data volumes.

Originally published at https://www.eckerson.com/articles/five-master-data-management-best-practices-for-enterprises

Companies that excel at advanced analytics and data science maximize the value of their data. They unearth hidden opportunities and become innovators in the industry. Although each organization has different goals, the underlying processes and tools to become successful at analytics remain somewhat the same. In this episode, Alan Jacobson explains them one by one and finishes off with his top three recommendations.

Alan Jacobson is the chief data and analytics officer (CDAO) of Alteryx, driving key data initiatives and accelerating digital business transformation for the Alteryx global customer base. As CDAO, Jacobson leads the company’s data science practice as a best-in-class example of how a company can get maximum leverage out of its data and the insights it contains, responsible for data management and governance, product and internal data, and use of the Alteryx Platform to drive continued growth.

Alan was recognized as a top leader in the global automotive industry as an Automotive Hall of Fame Leadership & Excellence award winner and an Outstanding Engineer of the Year by the Engineering Society of Detroit, and works with the National Academy of Engineering and other organizations as an advisor on data science topics.

With the growing popularity of machine learning and artificial intelligence, creating a data science program is a key initiative at most companies today. However, it’s not always clear to executives how they can deliver a return on investments in data science. To explain this, we invited an expert who has spent most of his career in the data science trenches and has a clear-minded perspective on how to deliver ROI with data science.

Alan Jacobson is the chief data and analytics officer (CDAO) of Alteryx, driving key data initiatives and accelerating digital business transformation for the Alteryx global customer base. As CDAO, Jacobson leads the company’s data science practice as a best-in-class example of how a company can get maximum leverage out of its data and the insights it contains, responsible for data management and governance, product and internal data, and use of the Alteryx Platform to drive continued growth.

Prior to joining Alteryx, Alan held a variety of leadership roles at Ford Motor Company across engineering, marketing, sales and new business development; most recently leading a team of data scientists to drive digital transformation across the enterprise. As an Alteryx evangelist at Ford, Alan spent many years leveraging the Alteryx Platform across the company and witnessed first-hand the impact a culture of analytics can have on the bottom line and what it takes to succeed as a data-driven enterprise.

IoT has created a tidal wave that data savvy organizations can turn into profitable business solutions. Most IoT data comes from sensors, which are now attached to almost every device imaginable, from factory floor machines and agricultural fields to your cell phone and toothbrush. But IoT is forcing companies to rethink their data architectures to ingest, process, and analyze streaming data in real-time.

To help us understand the impact of IoT on data architectures, we invited Dan Graham to our show for a second time. Dan is a former product marketing manager at both IBM and Teradata, renowned for combining deep technical knowledge with industry marketing savvy. During his tenure at those companies, he was responsible for MPP data management systems, data warehouses, and data lakes, and most recently, the Internet of Things.

Why is Data Quality still an issue after all these years? To get an answer to the prevalent question, Wayne Eckerson and Jason Beard engage in a dynamic exchange of questions which lead us to the root cause of data quality and data governance problems. Using examples from his past projects, Jason shows the value of business process mapping and how it exposes the hidden problems which go undetected under the standard IT lens.

In his most recent role as Vice President of Process & Data Management at Wiley, a book publisher, he was responsible for master data setup and governance, process optimization, business continuity planning, and change management for new and emerging business models. Jason has led business intelligence, data governance, master data management, Process Improvement, Business Transformation, and ERP projects in a variety of industries, including Scientific and Trade publishing, Educational Technology, Consumer Goods, Banking, Investments, and Insurance.