Page 60 -
P. 60

A Company and its Data     21

                              The English phrase applied to the MDM field expresses
                           this quite well: “one version of the truth”.  But this simple
                           explanation is not always entirely achieved, for two main
                           reasons:

                               –  the first is the result of data duplication in multiple
                           systems. In the event  of conflict  between  different  values,
                           from one database to  another, a  quality problem appears.
                           How do we find the correct value?

                               –  the second reason, less obvious, takes into account the
                           new forces that are in play  in  IT systems. These forces
                           appear along three lines: time management, context
                           management and version management. Data must be
                           positioned in this three-dimensional space, as it is otherwise
                           impossible to govern its value (Figure 1.3).

                           1.4.1.1. Time management
                              A single piece of data can have a different value over time,
                           be it in the past or in the future. For example, an
                           organization can update data for a future date in order to
                           prepare a regulation change. This time constraint is rarely
                           taken into account sufficiently in existing systems,  even
                           though it is needed more and more. This requirement, which
                           certain industries are already aware of, especially insurance
                           companies under regulation pressure, is becoming more and
                           more generalized. It is the corollary of the increase in  the
                           expectation of process traceability. Certain  pieces of data,
                           particularly sensitive to the time factor, are accompanied by
                           periods of validity,  enabling the process to acquire the
                           correct value depending on the execution date.

                              Taking this into account is not  always easy, especially
                           when it concerns date validation management on links
                           between data. For instance, an organization describes  the
                           relationship between a  product and  a  factory for a given
                           period of time, and then switches factory for another period.
   55   56   57   58   59   60   61   62   63   64   65