Getting Customer Data Integration Right the First Time
Leveraging multi-domain master data management takes CDI to the next level and enables software vendors and customers to realize a greater ROI from their investments.
By Ravi Shankar, Siperian
The early pioneers of Customer Data Integration (CDI) had a primary goal - to create the most reliable customer data for the company by bringing together and resolving inconsistent, and oftentimes incomplete, customer data which was at the time siloed in disparate applications across the enterprise.
The CDI promise was to have reliable customer data available to benefit a myriad of customer-facing operations in marketing, merchandising, contracting, account management and invoicing, to name a few. Focusing on these priorities, many organizations selected a CDI technology that enabled them to solely optimize customer data. Other enterprise data such as products, locations, and accounts, for example, were considered out of scope and not necessary for the initial CDI project. While incremental benefits were gained with this approach, many companies that were caught up in this early CDI gold rush soon realized in hindsight that their CDI projects missed the big picture.
Today, CDI models have evolved. By adopting multi-domain master data management (MDM), data integration moves beyond the single class of customer data and greatly improves the potential benefits of the technology.
Read more >> |
8 Signals that Your Pipeline is Bogus
David Taber of SalesLogistix explains what to look for in your bookings forecast as a sign that revenue may not come in as predicted. Read the signals in this post to the SandHill.com Blog on software sales.
The New Economics of IT
Jake Sorofman of rPath acknowledges the disconnect between the IT reality and the quest for “lean IT.” Read about the three fundamental changes in systems management that need to take place in this post to the SandHill.com Blog, “New Era, New Thinking.”
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McKinsey Conversations with Global Leaders: John Chambers of Cisco
The CEO and chairman of Cisco Systems explores approaches to decentralized management and leadership and also offers perspective on the future of Web technology and the opportunity that an economic downturn provides for strategically minded companies in this article from The McKinsey Quarterly.
The Week in Review: Winning Numbers
Software jobs on the rise; plus IBM challenges cloud players, Windows phones chase iPhones, and Microsoft gets social. Read these stories and more software news of the week in the latest SandHill.com Software News Summary.
Poll: Importance of MDM?
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More at SandHill.com:
Oracle-Salesforce shocker: Benioff to speak at Oracle World Read the most important enterprise software industry news of the week >>
VC fundraising down during Q3. Monitor the latest software venture capital deals >>
Sykes to pay $263 million for ICT Group. Size up last week’s software M&A deals >>
Sales forecasting vendor, Right90 named Arthur Wong as CEO. See who’s made it to the top in our list of recent software executive appointments.
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Parting Thought
“The world leaders in innovation and creativity will also be world leaders in everything else.”
— Harold R. McAlindon
Courtesy of Malcolm Kusher, The Kushner Group
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