Monday, March 28, 2011
About Master Data Management
Got an email from a friend, talking about the Master Data Management (MDM) is a growing popular topic now. I believe there is no doubt about that, with the velocity of data we are producing and the tendency of increased data production. However, I think the key for the solution is beyond MDM domain. It is about how and what data should be collected.
I still remembered the raw data collection from web sites for data preservation. The amount of data growing makes me wonder even we can store them, how we can catch up in processing them to make them meaningful, e.g. to transform the data into information, let alone transform information into useful knowledge. If data processing speeds continue leg behind data collection speeds, the data collected will not be useful, but add burden to the slow process. If more meaningless data involved, it’ll add more burden to the process. Therefore, we need to improve the data collection process, to collect the data with purpose, e.g. a Service Oriented Data Collection and Management Process, and collect the data cleanly.