What is Oracle MDM?
To fully understand the principles of master data management (MDM), it is essential to begin with a clear definition of master data and how it differs from MDM itself. Master data constitutes the vital business information that forms the foundation and categorization of the transactional and analytical data present within an organization. Often referred to as "enterprise data" or "metadata," this category of data generally includes application-specific metadata, different business viewpoints, corporate dimensions, reference data, and various master data assets. Examples of such enterprise data encompass the chart of accounts, the structures of organizations or cost centers, market segments, and product categories, among other significant components. Conversely, master data management (MDM) is focused specifically on the management of master data itself. MDM utilizes a collection of applications and technologies aimed at consolidating, cleansing, and refining master data while ensuring it remains synchronized across various applications, business processes, and analytical tools. In essence, MDM serves a vital function in upholding the integrity and uniformity of data throughout an enterprise, which in turn fosters better decision-making processes. Furthermore, the successful implementation of MDM can lead to improved operational efficiency and enhanced data quality, benefiting the organization as a whole.
Integrations
No integrations listed.
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Company Facts
Company Name:
Oracle
Company Website:
www.oracle.com/sg/scm/product-lifecycle-management/master-data-management/
Product Details
Deployment
SaaS
Training Options
Documentation Hub
Video Library
Support
Standard Support
Web-Based Support
Product Details
Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English
Oracle MDM Categories and Features
Master Data Management Software
Data Governance
Data Masking
Data Source Integrations
Hierarchy Management
Match & Merge
Metadata Management
Multi-Domain
Process Management
Relationship Mapping
Visualization