Reference data is found in practically every enterprise application including back-end systems, front-end commerce applications, and in data warehouses. It turns other data into meaningful business information and provides an information context for the wider world in which the enterprise functions. Yet it is rarely managed well — data duplication and inconsistent mappings of reference data across applications frequently lead to costly business errors.
According to Irene Polikoff, CEO and co-founder of TopQuadrant, “In today’s data-driven world organizations are struggling to keep up with the management of all types of data. Since reference data is the most widely shared class of data in an enterprise, the impacts of not managing it well are broad and far reaching. TopBraid RDM helps enterprises to achieve consistency in their reference data and avoid costly mistakes. Because it uses a standards-based platform for representing the meaning of data, it can serve as an integral step towards aligning semantics across many data management silos.”
TopBraid Reference Data Manager puts the control back in the hands of the business user while providing the following benefits:
- Reduced maintenance of code tables – by providing a central system where reference data will “live” and be maintained.
- Reduced costs in the design of code tables for databases.
- Reduced data integration issues due to inconsistent codes.
- Increased data quality from reduced coding errors.
- More informed decisions based on reference data.
- Better categorization and organization of data in reporting and analytics by providing a place for report writers to go to better understand the meaning of reference data and how it is used across different systems.
To learn more and view a comprehensive list of capabilities, please visit TopBraid RDM or request a TopBraid evaluation account.
In addition, please download a copy of the recent whitepaper, “The Foundations of Successful Reference Data Management” authored by Malcolm Chisholm, a thought leader and well-known speaker on master and reference data management.
TopQuadrant’s standards-based solutions enable organizations to evolve their information infrastructure into a semantic ecosystem, the foundation for intelligent business capabilities and integrated big data. As a result, data can be organized, shared and exchanged regardless of its structure, origin or location. TopBraid Reference Data Manager™ supports the governance and provisioning of reference data, including the enrichment of reference datasets (code lists) with comprehensive metadata. TopBraid Enterprise Vocabulary Net™ supports collaborative management of enterprise metadata, models, business glossaries and taxonomies used in search, content navigation and data integration. TopBraid Insight™ is a semantic virtual data warehouse that enables federated querying of data across diverse data sources as if they were in one place. TopQuadrant customers include many government agencies and Fortune 1000 companies in numerous industries including pharmaceutical, financial services, energy and digital media. For more information, visit http://www.topquadrant.com
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