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Master Data Management: The Sliding Scale Between Build vs Buy

On-Demand

 

Master data management (MDM) transforms data integration and business processes. Many organizations are already experiencing the benefits of a successful MDM implementation; however, all, at some point, have answered the build vs. buy question.

 

Some key considerations include:

  • What are your current data volumes? How will they change in the near and distant future?
  • Are customer relationships one dimensional? Are you concerned with multi-domain relationships and hierarchies?
  • Will you implement Web services? How will they be used?
  • Do you augment your internal data with information from external vendors?
  • What are the time, budget and resource limitations?
  • Is MDM intended to eventually provide an enterprise data platform?
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