Tech Insights

Master Data Management (MDM)

Last updated May 19, 2025, generated by Sumble

What is Master Data Management (MDM)?

Master Data Management (MDM) is a technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise’s official shared master data assets. Master data includes things like customer, product, location, and asset data. MDM is used to create a single, consistent, and reliable source of truth for this critical data, which can then be used to improve business processes, decision-making, and regulatory compliance. It often involves data governance, data quality, and data integration techniques.

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What other technologies are related to Master Data Management (MDM)?

Master Data Management (MDM) Complementary Technologies

Data Governance

Data Governance provides the policies, processes, and standards necessary to ensure the MDM system contains trusted and reliable data. Good governance is essential for a successful MDM implementation.

mentioned alongside Master Data Management (MDM) in 1% (100) of relevant job posts

Data Quality

Data Quality tools and processes are critical for ensuring the accuracy, completeness, and consistency of data within an MDM system. MDM relies on high-quality data to function effectively.

mentioned alongside Master Data Management (MDM) in 1% (64) of relevant job posts

Data Warehousing

Data Warehousing can be a complementary technology, as MDM can provide the 'golden record' of master data to populate the data warehouse, ensuring consistent and accurate reporting and analytics.

mentioned alongside Master Data Management (MDM) in 1% (92) of relevant job posts