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Master data management (MDM) is a discipline in which business and information technology collaborate to ensure the uniformity, ... Toggle the table of contents.
An entity is similar to a table. Like other MDM products, Master Data Services aims to create a centralized data source and keep it synchronized, and thus reduce redundancies, across the applications which process the data. [citation needed] Sharing the architectural core with Stratature +EDM, Master Data Services uses a Microsoft SQL Server ...
SAP NetWeaver Master Data Management (SAP NW MDM) is a component of SAP's NetWeaver product group and is used as a platform to consolidate, cleanse and synchronise a single version of the truth for master data within a heterogeneous application landscape. It has the ability to distribute internally and externally to SAP and non-SAP applications.
It may refer to a database, specific table or data field, or any unit of information used. A golden copy is a consolidated data set, [2] and is supposed to provide a single source of truth and a "well-defined version of all the data entities in an organizational ecosystem". [3] Other names sometimes used include master source or master version.
An operational data store (ODS) is used for operational reporting and as a source of data for the enterprise data warehouse (EDW). It is a complementary element to an EDW in a decision support environment, and is used for operational reporting, controls, and decision making, as opposed to the EDW, which is used for tactical and strategic decision support.
Master data represents "data about the business entities that provide context for business transactions". [1] The most commonly found categories of master data are parties (individuals and organisations, and their roles, such as customers, suppliers, employees), products, financial structures (such as ledgers and cost centres) and locational concepts.
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