Organizations today are gathering enormous amounts of data through various initiatives and digital transformation projects. As a result, data analysis activities are expected to have a positive impact on their revenues, margins and organizational efficiency. However, before analytics can be of any value, the data must be of high quality. Maintaining data quality can be a painful process involving tedious steps from setting the criteria for creation, rules for standardization, integration, and more, all of which should resonate with business requirements.
Master Data Online (MDO) framework implements proactive governance in a cost–effective manner by enforcing the governance rules. In addition, it has an intuitive reporting framework which can be easily tailored to custom requirements. MDO not only provides a strong framework for high quality data but helps cleanse and standardize the data from which businesses can derive value.