MDM, Master Data Management, a new emerging concept..?

                  Since the advent of business, humans invented tools and techniques to manage the large data. When business grew bigger and wider, we invented better systems to collect and organize data and reduced the redundant, non-coherent data. With technological advancements and ever growing customer needs, we invented systems that keep the data accurate, real time and integrated in all the systems.

                  Every business, when flourished, starts increasing the accuracy, quality and consistency of its data on which business analysis are dependent. With increased market competitions, business drove the software application development to suit their needs of data management. It’s the customers who created a business of software application

development. It is them who created need to replace their existing tools and techniques of data management with faster, reliable, robust and integrated applications.

                    Customers always knew of how-to-manage-master-data and they always did it their way even in the pre-software-systems era. Did you hear anyone defining MDM, Master Data management, a new emerging concept? You know who has been ignorant all through!