The governance and control of core business data to ensure its accuracy, consistency and integrity across an organization.
Master Data Management (MDM) is the discipline of creating, governing and maintaining core business data so that it remains accurate, consistent and authoritative across enterprise systems. It establishes common definitions, ownership, quality controls and governance processes for critical data such as assets, equipment, locations, materials and suppliers.
Master Data Management ensures that critical business data remains accurate, consistent and trusted across enterprise systems.
Effective Master Data Management improves data quality, reduces duplication and supports reliable reporting, system integration and business decision-making across the organization.
Master Data Management governs shared business data across multiple systems, whereas Information Management encompasses the broader governance of all organizational information.
Information Management; Data Management; Business Management.
Enterprise systems.; Asset management.; ERP.; Manufacturing.; Utilities.
ISO 8000
VisualAIM connects glossary concepts to the asset records, inspection histories, and workflows they describe.