E3 Category: Coverstory 21-09

It's not the first cover story on the value and importance of data, but it is the most comprehensive and detailed. Longtime SAP partners zetVisions and KPMG explain not only the value of enterprise data itself, but also how that value comes about and how to use and maintain it. Master Data Excellence...

Corporate data can be the new gold. In any case, poor data management causes high costs - regardless of whether an S/4 release change is pending or not. Stefan Riess and Hendrik Becker talk about data quality and what companies can do to safeguard it.

Once the steps from the actual assessment of potentials to the development of the MDM operating model have been completed, implementation follows. There are basically two approaches to implementing an MDM operating model.

The data that every company has to deal with includes master data, i.e. the basic static data or reference data on objects relevant to operations such as products, materials, suppliers, customers, employees and finances.