route to gold: know your customer with master data management
TRANSCRIPT
1 © 2014 Virtusa Corporation. All rights reserved
Webinar Route to Gold : Know Your Customer
March, 19th
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Speakers
Kumar Ramamurthy Vice President & Global Head –
Enterprise Information Management
Michele Goetz Principal Analyst
Glyn Kiefer
Data Architect
Jean-Michel Franco Product Marketing Director –
Data Governance Products
Moderator Panelists
Watch this webinar on line: https://info.talend.com/en_mdm_know_yourcustomer.html
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Topics
1 Business need for MDM
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3 Talend – A Market Leading MDM Solution
What to look for in an MDM solution and an MDM solution provider ?
4 Virtusa Success Stories With Talend
4 © 2014 Virtusa Corporation. All rights reserved
Business need for MDM
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Business Need for Master Data Management
Organizations have many systems to conduct business operations
Lack of Single “source of truth” or a “golden record” of stakeholder data (People , Part or Thing) that govern business transactions cause a huge data quality issue that result in time , money and effort being spent in correcting business issues
Hierarchies in Master Data, duplicates and other complexities exasperate the problem
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What Businesses that don’t have an MDM do ?
Different people involved in correcting transactions and stakeholder data No data stewardship and data owners identified
Resort inevitable manual process No automated resolution of errors and duplicates
Error-prone, inconsistent Every one has their own way of fixing problems with stakeholder data
No way to audit No way to trace who did, what , when and why?
No way to rollback changes No way to go back in time with respect to stakeholder data
Time and resource consuming Dollars burnt
x
!
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What are Businesses that don’t have an MDM missing ?
Stakeholder 360
History
Governance
Auditability
Ability to Personalize a
Customer
Ability to Cross sell, Upsell to a Customer
Stored Hierarchies
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What is it about?
Creating the golden record that makes every click personal
Transform customer facing tasks into data driven process :
Collect data across touch points
Reconcile into a trusted 360° view
Enrich with Big Data and Analytics
Deliver next best actions to employees together with recommendations and customer experiences
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MDM Brings Business Value, and Businesses need it now !
M&A and Restructuring
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360° Views
Managed Data Accuracy
Collaborative Data
Governance
Information Accessibility
Information Accountability
MDM Platform
Governance, Risk Compliance
and Fraud Management
Just-in-time and Lean Operations
Customer Centric
Processes
Customer Experience
Management
Time to Market
10 © 2014 Virtusa Corporation. All rights reserved
What to look for in an MDM solution and an MDM solution provider ?
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What to look for in an MDM solution?
Flexible Data Model
Ability to manage complex hierarchies
Different ways to ingest cleanse enrich and de duplicate data
Easy to implement and design
Low cost, open source, cloud enabled, small foot print
Many models to implement like registry, hub or hybrid
12 © 2014 Virtusa Corporation. All rights reserved
Talend – A Market Leading MDM Solution
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Talend Master Data Management
The shortest path to trusted & actionable master data
Model
Explore & Cleanse
Enable Stewardship
Consolidate & Enrich
Operationalize
• True multi-domain • Active data model • Audit trails and controls
• Real time master data services
• Enterprise-wide application access
• Embedded data quality • Standardization & matching • Quality analytics and
control
• Streamlined data hygiene
• Completely customizable workflows
• Embedded data integration
• 800+ components & connectors
• Augment with external data
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Talend MDM key differentiators
Unified
• All in one solution for
Modeling, Data
Quality, Real
Time/Batch
Integration and BPM
• “Start small , expand
quickly” approach
• Minimized TCO
through shared
resources
• Any use case, any
implementation style,
any organization
• Plan and drive your
own MDM journey
• Adapts to your data
domains and industry
• Grow your program at
the pace of your
business outcomes
• Adapt/Grow/Expand
through predictable
pricing and pay as you
go
Flexible
• Connect to any data sources and targets
• Leverage the best of the open source communities
• Get beyond your enterprise data with external sources
• Extend core capabilities with custom connectors, data quality rules and patterns
Open
• Augment your 360° views with new data sources
• Connect the physical with the digital world
• Connect your big data with your business entities
• Add Data Governance capabilities into your Big Data initiatives
Ready For Big Data
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Architecture
Stu
dio
Ad
min
Co
nso
le
Master Data Services
Workflow Authoring &
Collaboration Data Quality
Connectors
Triggers
Audit log & timeline
Role Based Access & Controls
Data Modeling
ACTIVE Model
Talend MDM
Legacy Systems ERP
External Data Sources CRM
Cloud Apps
Implementation team LOBs users Data Stewardship Team
16 © 2014 Virtusa Corporation. All rights reserved
Virtusa Success Stories with Talend
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• Enabled the move from a booking-centric to a customer-centric world
• Provided Golden Record, Single View of the Customer to operational solutions
• Enabled loyalty programme for customer retention
• Improved customer experience across all channels
• Developed a hybrid customer hub solution to match customer information from multiple sources for operational use
• Tightly integrated into analytical solutions, creating the Golden Record and using analytics to enhance it
• Talend’s integration, matching and standardization services coupled with Experian enrichment are used to deliver a robust and scalable platform
• Create as single view of the customer and enable a 1-2-1 relationship
• Produce personalised offerings for each customer and allow upsell and cross-sell
• Provide a seamless user experience, drive loyalty and retention
Virtusa enhances customer experience for a leading European travel company by implementing a customer master solution
Virtusa solution Business challenge/ objective Business outcome
After Before
18 © 2014 Virtusa Corporation. All rights reserved
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