Compliance, Supply Chain Efficiency Seen Driving Master Data Management Market

IDC expects market for services and software to reach $10.4 billion by 2009 as global companies prioritize investments

Mix of Old and New

The Three Scenarios

  • The Management Reporting Scenario reconciles, rationalizes or organizes master data at the hub to drive reporting for compliance and business performance management (BPM).

  • The Data Synchronization Scenario builds consistency in operations by synchronizing master data from the hub back to local systems.

  • The Single Point of Origination Scenario requires that all changes to master data originate at the hub for real-time consistency in operations.

Additional Articles of Interest

data synchronization challenges Building a 'Trusted Source' Supply & Demand Chain Executive

spend analysis tools Supercharging Spend Analytics Supply & Demand Chain Executive

best practices for spend analysis