A joint presentation from Statoil's Eldar Bjorge and IPL's Chris Bradley at the 2013 IRM UK Master Data Management conference in London earlier this year offered advice on selecting a master data management (MDM) architecture. IPL reports that 85% of supply chain management service 'incidents' are due to master data errors. These come from siloed applications and data stores which lack a common terminology. IPL has provided Statoil with a 13 point methodology to help make a business case for MDM. This includes an MDM maturity scale where Statoil is currently between level 1 and 2 (MDM gaining recognition) with the objective of a level 4-5 (MDM defined, adopted and managed).
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