• No results found

Why You Still Need to Master Your Data Before You Master Your Business (Intelligence) Business Imperatives Addressed By Reliable, Integrated View

N/A
N/A
Protected

Academic year: 2021

Share "Why You Still Need to Master Your Data Before You Master Your Business (Intelligence) Business Imperatives Addressed By Reliable, Integrated View"

Copied!
25
0
0

Loading.... (view fulltext now)

Full text

(1)

Why You Still Need to Master

Your Data Before You Master

Your Business (Intelligence)

Business Imperatives Addressed By Reliable,

Integrated View

David Jordan

Data Management Product Specialist

(2)
(3)
(4)

“I need access to

our top 400

customers,

the products they

have purchased,

and the channels

through which they

bought.”

(5)

Critical Business Imperatives Inhibited Due to

Lack of Reliable Data

Business

Leaders

Business

Analyst

IT Delivery

& Architect

Cannot make timely, confident decisions and accurate

reporting for routine financials and compliance

Wasting staffing time for reconciling multiple versions of

inconsistent data every quarter?

Reconciling multiple versions of inconsistent data for

analysis and management reporting

Time-consuming and Error-prone manual creation and

maintenance processes for delivering reliable data

Improve Efficiency & Reduce Costs Acquire & Retain Customers Governance Risk Compliance Mergers Acquisitions & Divestitures Supply Chain Efficiency

Business Imperatives

(6)

Business Reasons Why MDM is Required

for Data Reliability

European

Accounting System

US

Accounting System

DW without MDM

Data Warehouse

The General Electric Company Transaction $400 Million GE Transaction $300 Million Top 100 Customers

The General Electric Company GE

...

…….

……….

………

……….

……..

$400 M $300 M

(7)

Business Reasons Why MDM is Required

for Data Reliability

European

Accounting System

European

Accounting System

US

Accounting System

US

Accounting System

DW without MDM

DW with MDM

Top 100 Customers

The General Electric Company $700 M

...

…….

……….

………

……….

……..

Data Warehouse

+

Data Warehouse

The General Electric Company Transaction $400 Million GE Transaction $300 Million

The General Electric Company Transaction $400 Million GE Transaction $300 Million Top 100 Customers

The General Electric Company GE

...

…….

……….

………

……….

……..

$400 M $300 M

=

Golden Record

The General Electric Company

Transaction

$700 Million

Best version created by MDM

(8)

Maximum Impact with High-Value Solutions

Director, Chief Data Steward – Global Sales and Customer Operations

Business Imperative

Increase revenue

through relevant

cross-sell / up-cross-sell offers to

maximize account

penetration

Complication

Sales and Marketing

spent excessive time

manually assembling

customer information

leading to errors, lost

opportunities and poor

productivity

Impact

• 20% increase in relevant

interactions with sales

contacts

• 6% increase in cross-sell

• 5% increase in repeat

business

“To better meet our customer needs by making relevant cross-sell and

up-sell offers, we are eliminating the need to search for and reconcile

customer and product data by delivering business-user access to detailed

customer profiles across business units and channels.”

(9)

The Information Challenge

How to Synthesize and Govern Data Across Silos and Providers?

Application

Legacy

Cloud Computing

Unstructured

CUSTOMER PRODUCT CUSTOMER LOCATION

Third Party Data

ACCOUNT LOCATION ACCOUNT PRODUCT CUSTOMER PRODUCT CUSTOMER LOCATION ACCOUNT ACCOUNT LOCATION PRODUCT

Manufacturing &

Inventory Mgmt

Vendor & Materials

Management

Order & Channel

Management

Sales & Mktg

Operations

Management

Employee

Data

Governance

?

No Single

Version of

the Truth

(10)

MDM Improves Critical Business

Processes

Improve Efficiency & Reduce Costs Acquire & Retain Customers Governance Risk Compliance Mergers Acquisitions & Divestitures

MDM

CUSTOMER

ACCOUNT

PRODUCT

LOCATION

Supply Chain Efficiency

(11)

Universal MDM @ Work: Multi-domain

The highest value is in cross-domain relationships…

Supplier

Sep 2011: One of your Suppliers says their

production run in Sep 2010 was faulty

Supplier

What substitute part by which Supplier needs

to go to which customer at what location?

Location

Where are those customers located?

Customer

Which customers bought those

products?

Product

Which of your products did those

parts go into?

Which parts did you buy from that

Supplier?

(12)

MDM Improves Critical Business

Processes

Improve Efficiency & Reduce Costs Acquire & Retain Customers Governance Risk Compliance Mergers Acquisitions & Divestitures

MDM

CUSTOMER

ACCOUNT

PRODUCT

LOCATION

Supply Chain Efficiency

(13)

MDM Enhances DW Reliability

EDW

Dimensions

Facts

BI Reports and Dashboards Analytic Applications and Portals

so

u

rces

(14)

Technical Reasons Why MDM is Required for

Data Manageability

Explosive growth

of dimensional

records

Limited tracking of

content data

lineage

Failure to manage

hierarchies

Dimensions

managed

separated from

facts

History and

changes of

attribute-level data

Rich set of multiple

hierarchies

(15)

Business Success Depends on Reliable,

Up-to-Date View of Your Business

•Improve risk

management

•Reduce audit

costs for

regulatory

compliance

•Reduce cycle

times for financial

reporting

•Achieve

customer

intimacy

•Improve

cross-selling /

up-selling

•Improve

customer

retention

•Improve

efficiency for

product

delivery

•Improve

productivity of

R&D

•Reduce

operational

costs

• Perform

combined

regulatory

reporting

•Minimize

duplicative

business

processes

•Gain business

agility

•Improve

inventory

forecasting

•Improve

category

management

•Improve

supplier

relationships

“Through 2012, more than 35% of the top 5,000 global companies will FAIL to make insightful

decisions about significant changes to their business and markets due to

underinvestment in their information management systems.”- Gartner

Improve Efficiency & Reduce Costs Acquire & Retain Customers Governance Risk Compliance Mergers Acquisitions & Divestitures Supply Chain Efficiency

(16)

MDM Social Networking

Combining Social Network data with MDM

Databases

Applications External Data Providers

MDM Hub

(17)
(18)
(19)
(20)
(21)
(22)
(23)

Key take-aways

Data volumes are an issue – only going to get

worse

Multi-domain capabilities are critical

Trust & Quality are vital to acceptance and use

Expectation on immediacy of data access

Consider the impact & opportunities of social

(24)

Informatica Day

Stockholm – 11

th

October

(25)

Thank You

David Jordan

djordan@informatica.com

References

Related documents

Figure 2: Informatica’s master data management (MDM) technology can manage data from any source system whether it’s an application, legacy system or third party data source,

For organizations already utilizing a previous version of SharePoint – be it SharePoint Portal Server (SPS) 2003, MOSS 2007, or SharePoint 2010 – the two main options for moving

This definition includes; master data management (mdm), data movement (ETL) processes, information delivery through Business intelligence (Bi) and analytics, and data

Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions

Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions

Pernod Ricard SA Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and

Deutsche Telekom AG Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and

CAMeLOT ServICeS MDM Strategy Requirement Analysis & Business Case MDM Provider Selection MDM Organization & Governance MDM Processes & Architecture Blueprint