Why AI-Powered Master Data Management Is Redefining How Enterprises Handle Data
All businesses have data that is undermining them at some point. Customer records are distributed in CRMs. Product information is getting fragmented in the ERP system in warehouses. Data that does not align with other reports that are inconsistent. These are not hypotheticals, these are the reality of organisations that are at the end of their own data management. AI-powered master data management is intended to overcome just this problem. The issue with rules-based MDM, is that rules-based MDM is an issue. The traditional MDM platforms were designed for simpler times. To maintain the clean master data, they are dependent on fixed matching rules, batch processing and manual stewardship. If your data environment is small and regular, it's OK. Otherwise you're always running after issues. When tested, the fundamental constraints become clear: lack of flexibility in logic, inability to deal with changing data patterns, records that are duplicated that don't fit ...