With the explosion of information, 24/7 transactions, SOA based architectures, mobile access, regulatory compliance, mergers and acquisitions, the task of creating and maintaining accurate and complete master data is critical. Most software systems have lists of data that are shared and used by several of the applications that make up the system and not in complete sync. When you add multiple locations, databases, legacy systems, the situation gets even complex and chaotic. Such inconsistent, duplicate, redundant, outdated data across disparate, cross-platform, multidomain systems can create serious business issues and lost opportunities. Both large and small businesses must develop data-maintenance and governance processes and procedures, to obtain and maintain accurate master data.
To put things in perspective, its like the story of the blind men describing the elephant. They conclude that the elephant is like a wall, snake, spear, tree, fan or rope, depending upon where they touch. In short, they don’t reach anywhere.
VGS MDM practice goes beyond that and takes a holistic view. While it’s easy to think of master-data management as a technological issue, a purely technological solution without corresponding changes to business processes and controls will likely fail to produce satisfactory results. We ensure data is consistent, current and correct. by adopting a Mobile Device Management (MDM) strategy.
Working with all the major storage vendors and a top-notch team, we help consolidate, streamline, clean, verify and validate data to ensure its reliable, accurate. This makes it easy to acquire and retain customers, leverage operational efficiency, simplify M&A’s, better decision-making across the enterprise because everyone’s looking at the same page.