Oracle DRM Blog » Master Data Management

Random Q&A

Daniel — Wed, 16 Jul 2008 20:16:56 +0000

I have been busy on several projects and will be doing some catch up on blogging really soon. Having said that, the DRM tools section on this web site had been upgraded. I can’t tell you how many hours I have saved using this over the past few weeks. So just to let you know, it’s not there to look pretty. I actually use it.

Some interesting design questions I got over the past few weeks…
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MDM Institute

Daniel — Fri, 02 May 2008 07:03:41 +0000

The MDM Institute has posted a page about Oracle Hyperion DRM 9.3. Here’s what they say about the strengths:

Analytical MDM for sharing dimensions, hierarchies, & reporting
Operational MDM (Ledger Hub) for cost centres, legal entities, etc.
Mature product (due to Razza acquisition)
Hierarchy management
Robust business rules engine Intuitive change mgmt suitable for business users
Strength in both financials & Financial Services industry
Integration with Hyperion corporate performance management apps & others
Potential registry-style offering in MDM family
Potential strategic technology … potential to provide hierarchical unification across CDH & UCM (as well as IBM, SAP, & others)

Here’re 2 points about weakness I could not understand…
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Why Master Data Management?

Daniel — Sat, 20 Oct 2007 18:22:58 +0000

Master data management is a booming area of specialization in recent years. In the beginning this maybe more of an IT domain, where professionals deal only with metadata. But over time, the one that yields true benefits are actually from the business, and it has huge implications for Business Intelligence. (...)Read the rest of Why Master [...]

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Types of MDM

Daniel — Fri, 21 Sep 2007 02:07:13 +0000

In the old days, Master Data Management are much smaller in scope. It’s often just a bunch of scripts doing data quality checks or hierarchy management. Unfortunately the problem got bigger because of the complexity of businesses and the massive volume of data that are hard to mine. Imagine doing a dashboard of the top 10 customers. How do you categories one of the top 10? You see, the customer record probably originated from the Order Entry system with Ship To and Bill To details. So which one do we use for measure? Also if we consider “Dell” as a customer, how many countries do they operate in? And what if 20 of these exist in our reporting system with different spelling etc. And finally, how can you distinguish one company as a subsidiary of another, to ensure you consolidate and report the revenue properly? With these issues in mind, an array of solutions categorized by TDWI have been built by different vendor to tackle these problems.
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