Big Data Analytics in the oil and gas industry Data analytics will continue to grow in the oil and gas industry. Globally, the oil sector is not far behind when it comes to taking advantage of big-data advantages. Data is estimated to cost $100 million per day in the oil and gas industry and […]
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Master Data Management in the Data Warehouse
Master Data Management in the Data Warehouse A data warehouse is integral to an organization’s decision-making infrastructure. To support strategic and operational decision-making, a data warehouse stores and provides access to data. Maintaining master data in a data warehouse requires structural change and validation to the working of the data warehouse.. By using Master Data […]
What are the Challenges to MDM?
What are the Challenges to Master Data Management? Data Governance For master data to be accurate, data from various departments within the organization should be incorporated into the standard set. A strong policy and business rule structure can simplify the master data management process. Getting a clear picture of how data operations are carried out […]
Why Master Data Management is so important?
Why Master Data Management is so important? Introduction Modern businesses have to deal with an enormous amount of data, with the typical enterprise sporting well over 100 databases and petabytes of stored information. This vast amount of data comes from all sorts of sources: point-of-sale terminals, financial transactions, customer details, product details, and more. In many […]
How to foster a Data-driven Organization?
How to foster a Data-driven Organization? As data continues to grow exponentially, business leaders have access to more raw performance data than ever before. A Data-driven organization effectively collects data and consistently utilizes them in their decision-making process across all levels. However, many organizations still struggle to harness the power of data for their business. […]