Master data management ‘can improve analytics’
November 10, 2010Effective master data management processes can lead to improvements in the accuracy of analytics work, it has been suggested.
This is the view of Sandy Kemsley, an independent analyst and systems architect, who told IT Business Edge that connecting master data management projects with business process management programmes can have considerable advantages for organisations.
"You can get better analytics if you have consistent data models and those consistent data models are going to be helped by master data management, that’s one of the key business benefits," she pointed out.
Ms Kemsley went on to explain that having business information compiled into a single format makes it easier for companies to make use of.
According to a recent report from Gartner, more organisations will be increasing their investment in data management tools in the near future.
They will be doing so to help tackle the growing amount of information they have to deal with, the analyst stated.