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