Are you trying to understand and demystify master data management (MDM) in terms of an approach to enterprise governance for big data, or are you evaluating the marketplace for MDM solutions? Bjarne Hald, Chief Technology Officer at Stibo Systems, provider of a leading multi-domain MDM solution, explains three golden nuggets on the quest to master data management:
I awoke a recent Wednesday morning and found myself exactly where I should be at this point in my life: doing work that matters. That was the day I left the security of a top global IT consulting firm to join Beyond Impact, LLC. Why? Because Beyond Impact has a mission to make IT better and to do work that matters.
Are you knowledgeable on common barriers to Big Data adoption within organizations? An obvious barrier, perhaps, is data security, privacy and protection. A second is the ability to navigate a volatile solution provider community which is changing at warp speed. One of the more esoteric barriers, and maybe even the linchpin to ultimate successful adoption of big data is operationalizing it, or integrating big data into existing business processes and workflow. On a micro level, this requires behavior changes by your employees in everyday operations. On a macro level, this may require wholesale transformation across many of your mission-critical business processes.
Got a secret? Not for long! Data scientists have been madly at work to spill your secrets. Every moment of the day companies are using data scientists to unveil formerly unknown relationships among you, your friends, your family, your lifestyle, your hobbies, your dog, your background, your purchases and even your illnesses. If you haven’t already heard, companies have their eyes on a new ball: data monetization. No longer is the value of data from enterprise applications the only game in town. Focus has shifted to disparate structured and unstructured big data found outside the enterprise, aggregately referred to as a data lake.