"Making sure that the master data is complete is part of ensuring that the data is business ready and able to support all business transactions."
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"The cApps will direct the users to collect master data with field values that correspond to the scenario."
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Most businesses would like to improve their master data quality. But many businesses have not thought through the exact meaning of “quality” as it applies to master data. As a result, they may overlook some important considerations of how they need to be managing their master data. And they may fail to understand the benefits for applications like BackOffice Associates® Collaborative Applications™ (cApps™), which provide a higher level of master data quality.
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"New trends in IT have been forcing an increasing amount of visibility into data we have in our current business environments. We are now being faced with different ways to leverage our data to make good business decisions."
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As a follow up to my previous blog, I would propose that the most important and most useful definition of data governance would be as follows:
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Is data governance the same as data quality?
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Everyone is talking about data. While the calendar says 2012, those who have been in the industry for a while are very familiar with this four letter word. In fact, we have been talking about the seamless flow of information within the enterprise for at least the last two decades. Be that as it may, data continues to be a focus of key initiatives for organizations across the globe, a top agenda item for both business and technology leaders alike. In fact Forrester’s latest enterprise architecture (EA) trends research verifies that MDM and data governance once again rank among the Top Business Technology Trends EA Should Watch: 2012 to 2014.
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BackOffice is heading to the ASUG Seminar: Critical Data Management on Friday, February 10, 2012 in Atlanta, GA as the headlining sponsor. It is set to be a great event on SAP® Data Quality and with our 16 years of experience in the industry we should be able to offer the audience some invaluable advice! There will be an industry analyst and customer case study as well. We’re happy to see that data quality is finally getting attention in the industry and data is no longer just an overlooked burden on IT. Data should be an asset to a company and attendees coming to this event will leave with in-depth knowledge on how to leverage their data in SAP. If you’re looking to improve your data quality or are in the midst of an SAP data migration or governance project REGISTER HERE!
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