What do you understand about MDM?
- MDM is an acronym for Master data management.
- MDM is a methodology of allowing an organization to link all of its critical data to one file, which is called a master file. This file acts as a single point of reference to make important business decisions.
- MDM acts as a central repository of data sharing between various departments when done properly.
- When implemented properly, MDM networks data sharing among individuals and enterprises.
What is Data Warehousing?
- Data Warehousing (DW) is a method of gathering and managing data from multiple sources to help organizations with valuable insights.
- Data warehousing is the central source for the BI tools and for visualizing data.
- The Data warehouse transforms the data into understandable information and makes it available for business users.