Tell me what is MDM

Question

Tell me what is MDM

Accepted Answer

MDM stands for Master Data Management. It is a process of creating and managing a single, consistent, and accurate view of an organization's data.

MDM helps in improving data quality and reducing data inconsistencies.
It involves creating a central repository of master data that can be accessed by different systems and applications.
MDM also involves defining data governance policies and procedures to ensure data accuracy and consistency.
Examples of master data include customer data, product data, and supplier data.
MDM solutions can be implemented using various technologies such as data integration, data quality, and data governance tools.