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Golden Record

Golden Record — Authoritative Asset Record

The authoritative and trusted version of asset information used across an organization.

Definition

A Golden Record is the single authoritative version of a business or engineering record that has been validated, governed and approved for enterprise use. Within asset information management, a Golden Record consolidates data from multiple source systems into one trusted representation that serves as the organization's reference for maintenance, operations, engineering and reporting.

Why It Matters

Golden Records improve data quality, consistency and governance by eliminating conflicting information and providing a trusted source for decision-making across the asset lifecycle.

In Practice

Golden Records are typically established through master data governance processes that validate, reconcile and synchronize information from multiple systems while maintaining auditability and ownership.

Common Misuse

A Golden Record represents the trusted version of specific business data, whereas a Source of Truth refers more broadly to the authoritative system or information source from which trusted information is derived.

Term Details
Synonyms:
Golden Record; Authoritative Asset Record; System of Record; Master Record
Classification:
Asset Information Management
Concept
Intermediate
Applications

Asset Information Management; Industrial Data & Analytics; Data Governance.

Where It's Used

Master data management.; Asset information.; Digital transformation.; Enterprise integration.; Data governance.

References

ISO 8000; ISO 55000

See It In VisualAIM

VisualAIM connects glossary concepts to the asset records, inspection histories, and workflows they describe.

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