Now the Shareconomy has also reached the area of business partner data.
Defining forty-five data domains, Schaeffler extends data management from master data to all other types of corporate data.,
You might have read about the Corporate Data League already in one of our previous newsletters, or on Xing, LinkedIn, or Twitter, or heard about it in one of the CC CDQ Workshops. But did you really understand what the CDL is all about? Here is some basic information on the Corporate Data League …
First of all – we are not talking about a data LEAK, but a data LEAGUE, which is made up of companies that want to collaborate in data management and improve data quality in a joint effort. Sounds good? Well, then … keep on reading
Industries targeted by the workshops are automotive, pharmaceuticals/chemistry, and consumer goods/retail. Workshops will be hosted by current membes of the Corporate Data League, (e.g. Bosch, Bayer and Nestlé).
Marcus Evans interviewed Hannes Schmidt regarding the valuation approaches to MDM.
The management of business partner data is heavily redundant: Many companies manage data (e.g. country names and codes, bill-to / ship-to / ordering addresses, or tax numbers) of the same customers and vendors. For this reason, BASF Schweiz AG and Robert Bosch GmbH joined the Corporate Data League (CDL), the trusted network of user companies for sharing corporate data.
CDQ recently joined the Industrial Data Space Association (IDSA), an initiative that was launched in Germany at the end of 2014 by representatives from business, politics, and research. The idea behind the Industrial Data Space is to provide virtual data spaces that support the secure exchange and simple linking of data in business ecosystems on the basis of standards and using collaborative governance models.
Bosch needed to gather and consolidate all relevant information about MDM in a central location providing a single source of truth….
With the support of CDQ AG, RUAG developed a master data management strategy...
Business process management (BPM) has gained strong momentum in recent years. This is mainly due to enhanced capabilities of organizations to collect digital data. BPM aims...