Best Practices:Avoiding the MDM, RDM & Data Governance ‘Money Pit'
Chief Research Officer, The MDM Institute
Given the substantial investment that enterprises undertake with implementation partners, the selection of the appropriate partner(s) must be given considerable scrutiny – not only to contain costs, but to insure success of these vital MDM, RDM and Data Governance initiatives. Implementation partners such as systems integrators and specialist consultancies are more important than ever – not just because of the services:software ratio for such projects (universally ascribed as approaching 4:1) but precisely because of an ongoing shortage of experienced MDM, RDM and Data Governance professionals. In a recent MDM Institute survey of more than 1,200 such programs, systems integrators (SIs) have been seen as essential to the success of the majority of such projects, yet previously incumbent SIs are becoming less dominant. Expert assistance from SIs will remain especially critical and problematic to the success of these programs during 2016-17 as organizations deal with a shortage of MDM/RDM/MDG experience, and tool expertise.
This session includes findings from a year-long readiness assessment of more than 125 leading consultancies to provide a balanced view of:
- Understanding why SIs are essential to the success of your MDM, RDM & Master Data Governance projects
- Structuring how an enterprise should evaluate the capabilities of "new" potential SI partners
- Orienteering the SI landscape for both the traditional leaders as well as the new "young Turks"