Role of master data management in large organizations

Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program, 2013

Bibliographic Details
Main Author: Soni, Rupreet Singh.
Other Authors: Massachusetts Institute of Technology. Engineering Systems Division.
Format: Thesis
Language:eng
Published: Massachusetts Institute of Technology 2022
Subjects:
Online Access:https://hdl.handle.net/1721.1/145244
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author Soni, Rupreet Singh.
author2 Massachusetts Institute of Technology. Engineering Systems Division.
author_facet Massachusetts Institute of Technology. Engineering Systems Division.
Soni, Rupreet Singh.
author_sort Soni, Rupreet Singh.
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description Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program, 2013
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spelling mit-1721.1/1452442022-09-01T03:08:06Z Role of master data management in large organizations Soni, Rupreet Singh. Massachusetts Institute of Technology. Engineering Systems Division. System Design and Management Program. Massachusetts Institute of Technology. Engineering Systems Division System Design and Management Program. Engineering Systems Division. System Design and Management Program. Thesis: S.M. in Engineering and Management, Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program, 2013 Cataloged from PDF version of thesis. Includes bibliographical references (pages 61-64). These days mostly all data generated is stored as digital data. Whatever action happens in the world, the outcome tends to be a digital data. From social networking sites to customer management applications and to further different business segments and operational streams of the organizations, everything formulates to be a digital data. For organizations, data is generated from different business sectors and varied operational segments. The question that is prevalent and is hard to answer is how do organizations take best holistic decisions on data sets coming from varied applications and source systems. To take effective decisions, organizations need to collate the data coming from different source systems and create a unified master data. Decisions taken on such master records are more meaningful and impactful. Master Data Management is a technology that helps organizations to collate varied data sets originating from different source systems and create a unified master data set. This master data set can be further used by the organizations for effective analytics, operational benefits, streamlined reporting and even for adhering to regulatory requirements. Organizations can collate several different types of data entities and hence Master Data Management can be applied on different domains such as customers, suppliers, products and vendors. It depends on an organizational requirement for which domain data sets need to be collated and mastered. Thesis is divided into 3 segments. First segment describes the Master Data Management technology and gives an overview of the architecture and snapshot of industry adoption of the technology. Second chapter describes the motivational factors for organizations to use Master Data Management. Last and third chapter describes a strategic framework to implement Master Data Management in an organization. Finally I have drawn few conclusions out of my thesis, which help to understand the thesis appropriately. by Rupreet Singh Soni. S.M. in Engineering and Management S.M. in Engineering and Management Massachusetts Institute of Technology, Engineering Systems Division, System Design and Management Program 2022-08-31T16:29:47Z 2022-08-31T16:29:47Z 2013 2013 Thesis https://hdl.handle.net/1721.1/145244 1342111189 eng MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided. http://dspace.mit.edu/handle/1721.1/7582 64 pages application/pdf Massachusetts Institute of Technology
spellingShingle Engineering Systems Division.
System Design and Management Program.
Soni, Rupreet Singh.
Role of master data management in large organizations
title Role of master data management in large organizations
title_full Role of master data management in large organizations
title_fullStr Role of master data management in large organizations
title_full_unstemmed Role of master data management in large organizations
title_short Role of master data management in large organizations
title_sort role of master data management in large organizations
topic Engineering Systems Division.
System Design and Management Program.
url https://hdl.handle.net/1721.1/145244
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