What is Master Data?
Data shared and used by several applications within an organization.
What is Master Data Services?
Master Data Services (MDS) is the SQL Server solution for master data management.
Master Data is the identity and attributes of the relatively static "nouns of the
business". It is not transactional data, but master data members usually help identify
transactions. For example, a purchase order is not master data but a purchase order
might be identified by vendor, employee, department, and material code – all master
data. Master data is not Metadata and MDS is not a Metadata solution.
Your organization may benefit from a Master Data Management process and MDS software
specifically if you have any of the challenges listed below.
- No single, trusted source of the
truth
- No dimension maintenance capability
- Conflicting views of product, customer
location, etc
- No system to maintain attributes
- Multiple stakeholders for the same
record
- Inability to enforce data stewardship
processes
- Inconsistency is costly—mistakes,
inaccurate reports, etc.
Please call us at (877) 488-0566 to learn more.