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Learning MDM for a SAP-BW Consultant ...?????

Hai

Im a SAP-BW Consultant.

Im planning to learn the MDM by own. Is it good for a SAP-BW Consultant.

And how is the market for MDM. Please let me know

kumar

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    author's profile photo Former Member
    Former Member
    Posted on May 28, 2007 at 11:33 AM

    Hi Ravi,

    Follow these links for fare idea of MDM Trends

    http://searchsap.techtarget.com/originalContent/0,289142,sid21_gci1253760,00.html?track=NL-137&ad=588218&asrc=EM_NLN_1389916&uid=5862492>

    http://www.dmreview.com/web/archive/07/032807sd/demo.cfm?sourcecode=wcd043007>

    http://www.dmreview.com/editorial/newsletters.cfm>

    http://www.dmreview.com/editorial/online/ate_view.cfm?articleId=1080606⊤icId=1031394>

    The market for master data management (application and infrastructure software and related

    Services) reached $5.4 billion in 2004 and should grow to $10.4 billion in 2009, a compound annual growth rate of 13.8%. The total MDM market is a mixture of old and new sectors, reflecting a history of dealing with the challenge of providing a single view of customers, suppliers, products, accounts, and locations. Older terms (such as product information management, customer data integration, and financial consolidation) reflected efforts to provide a single view of one type of master data. IDC has been tracking these applied MDM software markets for some time, as software applications came on the market in the 1980s and 1990s that could be sold to individuals with functional responsibility for specific types of shared data. What is new is the emergence of MDM infrastructure software that is purpose-built to support a master data management process for any and all types of master data and the relationships among these domains.

    SAP NetWeaver MDM is the only unified solution available today for comprehensive master data management that addresses not only customer data but also product, article, vendor/supplier, employee and user-defined master data. Coupled with the pre-integration to other SAP NetWeaver platform capabilities as well as SAP's enterprise portfolio of industry solutions, it offers an unbeatable combination of value within an industry/business process context. Other vendors are rushing to copy this approach. Master data as a whole is a complex problem that requires a holistic approach. SAP offers that and more.

    <b>Part of the MDM process is bringing together data that’s been run through a data-quality filter to eliminate duplications and match up relevant pieces. This process is very much required for business intelligence. To the extent that companies with BI have already gone down that path, they’ll have a strong foundation to begin to tackle master data management. In other words, a major part of the MDM process is data quality, which is also necessary for business intelligence. To the extent that BI makes companies familiar with the discipline that is data quality, they will have greater confidence in the data from their MDM system.

    Many companies use BI for management reporting, which is also a driver for MDM implementation. But MDM supports more than management reporting; it can support application integration for an end-to-end process, such as the flow of a product through a supply chain. Different companies with different applications can have a common agreement about the meaning and representation of product data, which enables that information to flow seamlessly across different systems. This is more than business intelligence; it’s the coordination of operations.

    BI is a good start, but the impact of MDM goes well beyond.</b>

    Hope this will help you.

    Regards

    Rehman

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