Implementing a Multi-Domain MDM Strategy: Risks and Limitations
Master Data Management (MDM) has evolved as organizations strive to manage data more comprehensively across various domains. At the Data Management Summit, this roundtable will examine the practicalities, risks, and limitations of implementing a multi-domain MDM strategy. While unifying data across domains—such as customer, product, and supplier—can deliver significant business value, it also introduces challenges in governance, system integration, and scalability.
Industry experts and data leaders will discuss best practices and strategic considerations, focusing on:
What are the primary risks associated with a multi-domain MDM strategy, and how can they be mitigated?
How do data governance, compliance, and quality issues evolve in a multi-domain framework?
What limitations exist in current tools and practices for achieving truly cohesive multi-domain data management?
As data grows in volume and complexity, scaling a multidomain MDM solution can present significant challenges. Unlike single-domain MDM, where scaling affects only one type of data, multidomain MDM requires consideration of how new data sources, relationships and domains affect the existing data infrastructure. Organizations must ensure that their MDM solution can handle not only current data volumes, but also future growth, which may require additional investments in storage, processing capacity and personnel.
This roundtable offers a platform to share insights, address common pitfalls, and explore solutions for achieving a holistic yet manageable MDM approach, empowering attendees to navigate the complexities of multi-domain MDM with clarity and caution.
