One of the goals of master data management (MDM) is to maintain a single access point to specified data sets, thereby creating a single view of information. Whether customers, products, or other entities, organizations may struggle to measure the actual benefits of consolidating and centralizing data to have a single viewpoint of data. Beyond the ability to use a centralized access point to gain a better perspective of what is going on in the organization, organizations are always required to provide an account of the financial benefits of new IT initiatives. Within MDM, business intelligence (BI), business process management (BPM), etc. the immediate return on investment is not always seen. Unfortunately, some organizations choose not to look beyond immediate financial gains when looking to implement new solutions or change the way they currently do business.

 

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