Businesses rely on data. They need it to survive and to grow. Managing that data is key to organizations who want to leverage that data for success. DATAVERSITY brought this interesting information to our attention in their article, “Metadata Management vs. Master Data Management.”
Metadata management and master data management (MDM) provide essential processes for organizations succeed. While metadata management involves managing metadata about other data, MDM is a comprehensive method of enabling an enterprise to link all of its critical data to one file, called a master file, that provides a common point of reference.
While they are two distinct things, managing master data generally requires working with metadata. Data stewardship and data governance depend on metadata to understand where the data comes from, what each attribute means, what transformations are done when the data is loaded, what business rules are satisfied or violated, and who modified the data.
Melody K. Smith
Sponsored by Access Innovations, the world leader in thesaurus, ontology, and taxonomy creation and metadata application.