Master Data management (MDM) has transitioned from a deferred task to a critical business imperative in the modern competitive landscape. Companies must swiftly identify and leverage their most valuable master data across the enterprise, at scale and in near real-time, to maintain a competitive edge. Master data serves as the foundational core that drives systems and business processes, powering the entire organization. Integrating AI into MDM accelerates value realization and goal attainment, enhances business outcomes, and maximizes return on investment (ROI). A meticulously implemented AI-driven MDM system, coupled with a Data Governance program, is essential for unlocking this potential. This paper highlights the pivotal role of AI-driven MDM and Data Governance programs in promoting operational excellence and sustainable growth through a comprehensive analysis of their strategic importance and diverse benefits and use cases.
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Bhuvaneshkarthick Krishnasamy (2024) studied this question.
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