What is Master data?
Master data is nothing but business-critical data that usually gets shared across multiple departments and systems for business processing and decision-making. This makes it critical for every organization to implement Master data Management solutions.
What is Master Data Management?
Master data Management (MDM) provides toolsets and processes to ensure data consistency and accuracy across the entire enterprise. It helps maintain a single source of truth for all organization’s critical data. Thus, enabling consistent data across the organization. It also can make integration simple with the help of Boomi integration and Hub connection.
Importance of MDM:
Keeping data accurate and synchronized across multiple systems has become vital for an organization’s growth. Some of the key factors that make MDM so important for an organization’s growth
- Eliminates manual processes
- Reduction in workload
- Improved data quality
- Data compliance and governance
- Improved business processes efficiency
- Reduces time-to-market
- Easy decision making
Boomi MDH:
Boomi Master data hub is a cloud-native Master data management solution that helps with data synchronization. It provides an easy-to-implement, scalable, flexible, and secure service to keep business data accurate and synchronized across all systems. Boomi MDH provides
- Single source of truth
- Central data management
- Clean, Accurate, and consistent data across all systems
- Real-time synchronization
- Robust and scalable solution
Core steps involved in designing, developing, and maintaining master data repositories.
- Model
- Deploy
- Synchronize
- Govern
- Steward
Moreover, Hub’s master data repositories are usable with any combination of SaaS cloud and on-premises applications. Boomi supports master data model deployment only to Boomi Atom Cloud and facilitates integration via Master Data Hub Connector which uses URLs to repositories and password.
*Below is the Boomi MDM home screen, which shows the list of all available repositories with summary info like golden records count, quarantine count, number of models deployed and last deployment date, etc.
*Below shows the list of models deployed and options like Version, last modified date and View Deployments etc.
Reference:
- Connecting to Master data repositories via Hub connector can be found here: boomi MDM Connection
Cover Photo by Claudio Schwarz on Unsplash
