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Insurance organisations today are no more effective at delivering on large-scale data management initiatives than they were 10 years ago. In a recent survey, 70% of the companies said their data management initiatives did not deliver the expected results. That success rate was unchanged from similar surveys conducted in the 1990's. And the environment for data management is only getting more complex.....
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At Scyllogis Consulting all of our consultants have significant experience gained from within the Insurance market. Our people and our culture are our greatest assets. We only select people with relevant experience, intelligence, integrity, passion and the ambition to make a mark and deliver to our Customers the Scyllogis brand values of practical, results based consultancy. Our Consultants are pragmatic and open minded. That is why we deliver solutions that others dont..... Read More
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| Expand your SOA initiatives: Orchestrate new applications with Master Data Management. Part 2 of 2 |
| Written by Colin Whickman | |
| Thursday, 04 August 2011 | |
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In part 1, posted last week, I reported the findings of a recent survey which states that the use of SOA (service oriented architecture) is on the rise and also the role of MDM (Master Data Management) in conjunction with SOA. In part 2, I discuss the argument that, together with MDM and cloud computing, SOA is becoming the method of choice for data management within the industry.
MDM and SOA efforts are starting to come together, led by enterprise architects who realise these initiatives need to coincide. People designing services are working with data architects and enterprise architects so it‘s all one initiative; you can‘t worry about the data later on. Previously, SOA people would deliver services but the data coming out wouldn‘t work or would be dirty or there was no validation. People realised that you have to get the master data people involved from the beginning. Clever organisations get master data teams and SOA teams together and say ‘Thou shalt work together’ from day one.
The momentum behind cloud computing is helping to move these disciplines
together. MDM is the data pairing to the architectural philosophy of
SOA. A lot of times if companies are pursuing these two elements
together they will see symbiotic benefits. The irony is that if
companies are moving to the cloud they‘re kind of getting both; they‘re
getting MDM whether they know it or not, and they‘re getting SOA whether
they know it or not. The cloud is really starting to put a merger on
getting those two things in harmony.
Security remains a concern for MDM in the cloud. The master data world has been a little slower to adopt cloud, but it‘s starting to happen. Master data is among the most private and sensitive data that companies have; it‘s the crown jewels. It is still early days for MDM, according to the Forrester report, with data governance, data integration, and data quality maturity impacting MDM maturity. The study found that only 17% of survey respondents felt that they had a high or very high level of MDM maturity, compared to 42% admitting low or very low levels of MDM maturity. For organizations considering an MDM initiative, expert advice sounds similar to the early days of SOA: Stop and think through data governance. Don‘t just blindly charge into MDM thinking it‘s a technology solution alone. You need a data governance organisation that will control the technology people to ensure a business perspective. Go data governance, go early; that‘s the war cry these days. You need to do some planning up front, data modelling, data profiling, and start executing policies of data governance. |
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| Last Updated ( Thursday, 11 August 2011 ) |
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