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Finger on the Pulse of Enterprise Data Management |
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Wednesday, 15 April 2009 |
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During a series of interviews with key market participants and EDM Council members, Mike Atkin, took the pulse of EDM take up in five key areas:
- General Acceptance
- Executive Management
- Business Management
- Data Management
- Funding
In order to achieve sustainable business value the research identifies key points in its conclusions:
- Transitions take time and occur incrementally. Success can be achieved through close alignment with the tactical and short-term ROI needs of the business. Build credibility on execution capability Pick your spots carefully, get as close as possible to business applications, verify requirements and deliver according to specification.
- Be transparent and document everything. Operational metrics and SLA's help the business get oriented on the challenges of data management (which are not well understood) and are essential to justify funding requirements. It's important to inspire the business to overcome their silo orientation and transparency is the key.
- The "all in costs" of multiple point solutions are roughly equivalent to the costs of EDM - plus the integration and extensibility pathways are always easier if the data is precisely defined and tagged. Standardizing key data points (metadata) and ensuring the flow of data between systems is the key to EDM.
- It's impossible to get all business processes to operate on a consistent basis. Centralization of the problem makes data slow and cumbersome. Federated centralization is the more reasonable way to proceed. The operating model of a utility with data components is easier to adapt to the operating structure of the business units and the easier pathway toward integration.
- Everything is evaluated based on the immediate ROI. If it is not there, business often concludes that the project is not worth the investment. Treat all components of data management as a straightforward business decision.
Downloadable Content
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