Description: Multi-Domain Master Data Management (MDM) refers to a comprehensive approach to managing and maintaining data quality across various business areas within an organization. This system allows companies to consolidate, cleanse, and enrich data from different sources, ensuring that information is consistent and accurate across domains such as customers, products, suppliers, and locations. Multi-Domain MDM does not focus on a single type of data but encompasses multiple categories, facilitating a holistic view of business information. This is crucial in an environment where organizations handle large volumes of data and require effective governance to comply with regulations and improve decision-making. Key features of this approach include data integration, data quality, reference management, and the ability to provide a single source of truth. Multi-Domain MDM has become increasingly relevant in the digital age, where agility and accuracy in data management are essential for business success.
