Enterprise Master Data Management Trends and Solutions

The idea of master data and master data management (MDM) evolved from the increased necessities of enterprises for a more efficient and effective data management, requiring unification and integration of enterprise-wide data from multiple systems. In order to do that, many companies are considering MDM solutions, which automate data integration across various systems and applications. The paper aims to establish the correct position and role of the MDM in the enterprise IT (Information Technology) systems and to identify the main approaches, trends and solutions in the emergent area of enterprise MDM.