Data Management

Data management is a set of practices, processes, and technologies that aim to create and maintain accurate, authoritative data. Through data management, we help you make your data consistent and reliable across your organization. Marlabs' data management services will ensure you that you can trust and rely on your data.

Trust Your Data

A Single Source of Truth

A single source of truth ensures that all stakeholders in the organization have access to consistent and accurate data. This helps to eliminate data silos, data inconsistencies, and data conflicts that can arise when different departments or systems use different versions of the same data.

Eliminate Fragmentation

Marlabs data management services help organizations consolidate data from disparate systems, standardize and cleanse the data, and ideally create a master record for each entity. The master record contains all the critical attributes of the entity and serves as the source of truth for that entity across the organization.

Maintain compliance

Data management enforces data governance policies and procedures for creating, updating, and deleting data to ensure the data is managed in a consistent, secure, and compliant manner. This helps to establish data that remains accurate and consistent over time, even as new data is added, or old data is updated.

Why is master data management (MDM) ideal?

Impact

Data Governance

MDM is a critical component of data governance. While a data governance council/board determines the data policies and procedures for the organization, MDM is the solution for enforcing them. MDM stores common definitions to data domains, attributes, and reference data.

Single Source of Truth

MDM ensures data domains become consistent across an organization. Reporting and analytics are leveled across the enterprise, and data can become operationalized across applications.

Benefits

  • Centralized process to host and manage trusted data
  • Automation of key data quality functions
  • Notifications of data items for stewardship
  • Tools and platform for managing data
  • Manage data duplication
  • Increased data accuracy
    and consistency
  • Better data compliance
  • Empowers business to own and manage data, minimizing the need for change requests

Value

Customer Data
MDM enables a better understanding of your customer base with a 360° view of all their interactions with products and services, making it easier to upsell and cross-sell.

Product Data
Achieve higher quality product data with consistent product names, descriptions, and attributes.

Enterprise Data
MDM provides central and standardized lists of values that provide consistency across your organization.

Understanding Master Data Management

What is Master Data Management (MDM)?

Common Misconceptions of Master Data Management

Core components of Master Data Management (MDM)

Quick Start with a Proof of Concept & Business Case with Marlabs and Profisee

"We cannot solve our problems with the same thinking we used when we created them."
- Albert Einstein

Master data management is the foundation of an effective and sustainable data strategy. Too many organizations short-change or skip this critical step due to the difficulty and time involved. Marlabs partners with Profisee to help your organization establish an MDM strategy that is automated and monitored. At no cost, Marlabs and Profisee will help you build a business case for master data management in your organization.

Proof of Concept Quick Start
  • Profisee temporary license
  • MDM and Profisee overview
  • Data model for a single domain and selected entities, import of previously prepared initial data
  • Demonstrations on data integration, data quality rules, matching, metadata, and data classification
  • Summary of data steward workflow
MDM Business Case
  • Clearly describes the business opportunity
  • Identifies key performance indicators
  • Quantifies a projected return on investment​​​​
With an MDM business case and POC, you can quickly prove and demonstrate the value of data management in your organization -- before committing to a large investment of time and resources.