The data-centric approach
Think of Master Data Management (MDM) and data hubs as exchanges that bring together information that lives throughout an organization and sends it frictionlessly to where it’s needed. Data is governed in a central location, connecting the points of production and consumption. This “data-centric” approach creates a single platform for governance, reference data, data quality, processes and workflows.
By 2024, 75% of organizations will have deployed multiple data hubs to drive mission-critical data and analytics sharing and governance.
“…data hub is the antidote. It’s the thing that’s going to help you capture the benefits of common understanding of data…”
Create one, integrated and unified view of your data – shared by all systems and people
Get data in the hands of those who need it – when, where and how they need it
Build secure, real-time API connections to your customers, partners and suppliers
Connect new and innovative solutions and applications quickly and completely
Generate repeatable processes to automatically handle new compliance and privacy regulations