
Mr. Chandra Bonthu
Master Data Management
Abstract of the talk:
Master data management (MDM) is essential for enterprises seeking reliable, consistent data across systems. Its core pillars encompass data governance, quality, and integration, fostering unified insights and improved decision-making. MDM solutions offer benefits such as streamlined operations, enhanced regulatory compliance, and reduced redundancy. Selection of the right product requires evaluating scalability, flexibility, and user support while aligning with a business’s unique needs. However, challenges such as data silos, evolving standards, and cultural resistance must be overcome. A successful implementation demands a collaborative, iterative approach with robust planning, stakeholder engagement, and continuous monitoring for sustainable digital transformation.