Master data is data that is central to an organization's operations. It is data that is used across the organization to provide an accurate and consistent view of customers, products, employees, and other entities. Master data is often stored in a single database, or master data management system, and is used to ensure that all users have access to the same data. Examples of master data include customer information, product information, and employee information.
Companies need to master data management in order to ensure their data is organized, secure, and accessible. Data is a valuable resource in the business world, and having a solid data management system in place allows companies to capitalize on every opportunity that comes their way. It also allows them to identify potential risks and threats, as well as analyze customer behavior and trends to make better decisions. Lastly, data management helps organizations stay compliant with legal requirements and industry standards.
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SAP Master Data Integration (MDI) is a powerful data management solution that helps organizations to manage their data more effectively. It enables organizations to store, manage, and integrate their data across multiple systems, applications, and platforms. SAP MDI allows companies to identify, integrate, and harmonize data across multiple systems and applications, while adhering to corporate standards and regulatory requirements. It offers a comprehensive set of features such as data mapping, data synchronization, data quality, and data validation. This helps organizations to reduce data duplication and errors, and ensure consistent and accurate data across the enterprise.
SAP MDI also provides a range of features for data governance, including data security, data privacy, and data compliance. The service is designed to help businesses transform and optimize their master data management (MDM) processes. Additionally, it offers an intuitive user interface and an easy-to-use design studio that simplifies the process of creating and managing data integration processes.
Centralized Data Management: SAP Master Data Integration provides a single, unified view of all data, allowing users to access data in real-time from any source, without the need for complex integration processes.
Data Governance: SAP Master Data Integration enables organizations to enforce data governance rules across all sources, ensuring that data is accurate and up-to-date.
Automated Data Synchronization: SAP Master Data Integration automatically synchronizes data between different sources, enabling users to keep their data up-to-date without manually updating each system.
Data Quality Management: SAP Master Data Integration provides data quality management tools to ensure data accuracy, completeness, and consistency.
Security and Compliance: SAP Master Data Integration enables organizations to secure their data and meet compliance requirements.
SAP Master Data Integration provides a unified MDM solution with a single cloud platform that integrates traditional and next-generation technologies such as Internet of Things (IoT), AI, and machine learning. The solution offers an end-to-end integrated MDM approach with automated data discovery, quality control, cleansing, governance, mapping, master data management (MDM), transformation, enrichment and more. It also provides full traceability from source system to target system to ensure continuous compliance with industry regulations such as GDPR.
Using MDI, organizations can:
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