In this episode, we are discussing Master Data Management (MDM).
The most often cited reason for implementing MDM is to reduce bad data in the organization. Cleaning data is a difficult, repetitive and a cumbersome process. Your data also lives in different silos such as a CRM, Accounting, and HR. There could be hundreds of data sources. Who holds the truth? These projects often fail for a number of reasons. Complexity, politics, lack of domain expertise.
So, Today we get a chance to speak with Cort Fritz, a Master data specialist with a number of years in this field. He is always fun to talk to. We get into what is master data, why it’s important, what is a good starting point, what to do with old systems, APIs, and if there ever needs to be an intelligence aspect to MDM.
There is a huge IT spend on MDM projects yet so many fail. You’ll want to listen to this episode for expert insight into making these projects successful.
Master Data Management and the quest to reduce dirty data in the organization and eliminate silos.
2:03- Defining Master Data
13:02- Distinguishing uniqueness of master data.
16:20- Starting points for master data management
28:21- How do you deal with the old stuff?
35:58- Earned complexity applied to master data management
Cort Fritz has been leading technology teams since 1995. He is the founder of rheli.co - a software and hardware product development outsourcing provider.
His teams have built global-scale, consumer-grade systems for Xbox, Disney, Yahoo, MTV, Showtime, and many other global brands.
His current interests include Internet-of-Things, the elixir programming language, music, and modern lit.
He is most proud of being a dad to his two daughters, Liberty & Reiko and lives in Los Angeles, CA.
Fahad has a B.S. in Electrical Engineering and an MBA. He brings over 15+ years in Business Development, Strategy, Sales, Product, and Marketing in various industries such as software development and Internet of Things (IoT). His experiences have led him on an unwavering pursuit to meet thoughtful people and build thoughtful software.