Collaborative Master Data Management

What Does Collaborative Master Data Management Mean?

Collaborative master data management (CMDM) is a data management tool that provides a cohesive platform for all the data sources an organization maintains.

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CMDM enables an organization to collect and organize master data and distribute it across different business process and applications within its IT environment.

Techopedia Explains Collaborative Master Data Management

CMDM is primarily used to maintain and orchestrate master data, fetched and integrated from various data sources. Typically a CMDM solution consists of a master data server, data integrators and adaptors.

CMDM helps with:

  • Removing data redundancies
  • Cleaning out irrelevant data
  • Reducing IT infrastructure
  • Reducing maintenance costs
  • It ensures that the data is kept consistent, up to date and available to all end users and applications. CMDM also provides a central interface for collaborating, maintaining and sharing data blocks within related applications and processes.

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    Margaret is an award-winning technical writer and teacher known for her ability to explain complex technical subjects to a non-technical business audience. Over the past twenty years, her IT definitions have been published by Que in an encyclopedia of technology terms and cited in articles by the New York Times, Time Magazine, USA Today, ZDNet, PC Magazine, and Discovery Magazine. She joined Techopedia in 2011. Margaret's idea of a fun day is helping IT and business professionals learn to speak each other’s highly specialized languages.