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Chapter 1

A Company and its Data

This first chapter is dedicated to the role of data
governance within companies and will enable us to make a
clear definition of it. We will also see how the most
commonly used data repository tools such as Customer
Data Integration, Product Information Management, and
structure and organization directories fit into the context of
the MDM approach.

1.1. The importance of data and rules repositories

Master data management is not solely limited to the IT
community. It is not only about rationalizing reference and
master data, increasing their quality nor even laying the
groundwork or preparing the first steps for a possible
transformation of IT systems. These are important objectives
but are insufficient to place MDM in its proper context.

To understand the true impact of MDM, it is important to
consider the asset value of an IT system. Indeed, it is a
crucial factor in the strategic and financial evaluation of the
MDM approach. In order to get a sense of the outline of this
assessment and its relationship with data management, here

Enterprise Data Governance: Reference & Master Data Management, Semantic Modeling Pierre Bonnet
© 2010 ISTE Ltd. Published 2010 by ISTE Ltd.