m


m



 


 












 

Y

 
      
 V Just like every other asset in the organization, be it
capital, labour, materials, or facilities, information
needs to be managed.
V Without reliable and timely information there is no
way to sustain in a business
V The business case is found in how information
management supports the business, like with any
other asset

Y

 
     

 V jnformation management :
All processes and technologies that help create high
quality information, where all elements are clearly
defined and can be combined with each other in a
meaningful way, in order to support the management
processes.

Y

 
      
Ô ata quality ± to create high quality information
Ô
etadata management ± to clearly define all elements
Ô
aster data management ± to be able to combine
information from different
domains and sources on all levels of aggregation
through a common set of
hierarchies
Ô ata integration ± to bring the data together (physical
or virtual) for all
management processes to use

Y

 
      
 jt covers all processes and technologies to make sure all
relevant information is complete and correct.
ata quality management needs to be:
Ô reventive, having processes and systems that do not
allow any data capture mistakes;
Ô etective, to check if this is the case, as one may not
have control over all necessary data; and
Ô orrective, to make sure problems with data quality
are solved

Y

 
      
 V
etadata management consists of all processes and
technologies aimed at creating the ³single version of
the truth´ for the definitions of all relevant business
entities.
V For metadata management, an organization requires a
repository, to be used by all management processes,
in which the definitions are stored, harmonized, and
efficiently be maintained over time.

Y

 
      
 The consistent and uniform set of identifiers and
extended attributes that describe the core entities of
the enterprise²and are used across multiple business
processes.
Examples
departments or cost centers, customers, products, a
central time table, accounts
(in short, every list of things needed to do business)

Y

 
      
 V ata integration consists of a wide variety of
techniques to enable companies to access, integrate,
transform, and move any type of data between a
source and a target system, in any frequency, and in
any format, thereby eliminating data fragmentation
across the enterprise.

Y

 
      
2 m



  


 


  

  



2 
  

  
m




 
˜
   
 
 



  
 
r     
 
 ˜


 
   
  
˜   

  
     !
"


   

 

Y

 
      Y
 V j

 

  
    


V  

  






   



V 
 

   

 
  
   


   



 
Y

 
      
2 j
 
 ! 
 !

  
   
 
   
 



 "   
 !   
   
 
    
   

 #  
 $  


2 r

 
!




     
  

  

   

    


   



2 R



! 



  



  
 
 
 
Y


 





      
2 „

   

 reate earlier feedback to senior management
 Gives controllers more time to analyze
 Allows organization to file external reports earlier
 Reporting fast recognized as parameter of control and competence, by analysts and
shareholders

2 [
  
 

O
or more of time spent on closing the books is spent on manual
reconciliation between various administrations. ata is not comparable because
of:
 ifferences in chart of accounts, different views on organizational hierarchy
 Terms used in the various data streams often have slightly different definitions
 ata elements are missing or not correct and need to be manually fixed

2   
ringle management system is used to eliminate manual steps and reduce time
needed to close books
2  


ore accurate and timely numbers can be reported with confidence
Y

 
      

2 Ej
( Enterprise jnformation
anagement):

 Allows various systems to interchange

data in a real-time fashion.

 Ej
changes the role of the data

warehouse, making it part of a ³closed
loop´ architecture.

 ata warehouse not only receives

information from various sources to
integrate and enrich it for the purposes of
management information, but also, on the
granular level, it feeds data back to the
various source systems to offer, for
example, an integrated customer view.

 ata can only freely flow between

systems if they share the same definition
and the same master data.

Y

 
      
·r
reating an Ej
( enterprise information
management) which is a tightly integrated but
loosely coupled portfolio of systems is enabled by
a service-oriented architecture(r A).
A component based approach to systems
architecture requires a separation of process and
data
The business case for such an jT architecture lies in
flexibility (being able to perform multiple tasks)
and agility(being able to change those tasks).

Y

 
      
 V ˜


 
 through a standard mass
production process, many different product
configurations can be manufactured, to create highly
tailored products. jt combines the best of both worlds
of mass and bespoke production.
jn many cases customization is driven by the
customer, who configures the product or service him
or herself. The organization is moving from process
driven to customer driven

Y

 
      
 V m




 

jT is responsible for
providing a centralized framework for metadata,
master data and data quality management.
jt tracks the audit trail on all changes, and makes
sure there are no compliance issues with imposed
regulations and makes sure that there is a single
version of truth of the data to all
the ones that are authorized are the ones who model
the metadata and master data.
Y

 
      
· jnformation management helps in crating high quality
information whose elements are clearly
defined(metadata) and the information of different
sources and domains are combined (master data) and
are brought together to be used by all management
processes(data integration)
· The information management business case includes
(.) tactical-make changes easier, faster, less error
prone, and less costly. For large organization, the
savings are significant.

Y

 
      
 (.)strategic-timely reporting of data faster and with confidence
creates earlier feedback and gives controller more time to
analyze but also recognized by analysts and shareholders as a
sign of being in control and competent and it sets a benchmark
for the rest of the market .jmproves the organization¶s public
image, leading to a higher valuation
(.)Transformational- creating a tightly integrated but loosely
coupled portfolio (Ej
) of systems by enabling a service-
oriented architecture. ruch that all the components have
access of their data and data of other components.
(.)Foundational-using jT for recording all the changes of data
and providing a consistent view of data ³ single version of
truth´.

Y

 
      
Y

 
      Y