Tuesday, September 28, 2010

Master Data Management as a Service?

Recently Cloud Computing is on a boom and most of the customers prefer to store their data in the cloud. Google is the biggest example of cloud computing. I personally like clouds; as being in any part of the world i can access my data provided i have an internet connection.

Recently i came across a technology where all the Dashboards and Executive Reports are delivered as a service and the underlying architecture is the cloud.


The application  i am talking about is GoodData. It delivers complete business intelligence platform-as-a-service (BI PaaS) that brings the benefits of cloud computing to the world of business intelligence and data warehousing. Built as a complete integrated platform and offered as a service, GoodData delivers on the fundamental promise of the cloud – on-demand, self-service to deploy and use, and easily adaptable to business requirements.(www.gooddata.com). It also provides an open source API's which any devloper can hijack and customize to their business requirements.

This article makes me think on two thoughts

Thought#1: Business Analytics industry is not matured yet and a recent survey by Deloitte Consulting confirmed it. The results showed only 33% of the US firms are using Dashboards and Executive reports; which is a staggering shock to me. In spite of the several advancements in Business Intelligence and Data Warehousing world, still 67% of firms are not able to implement the BI/DW technology.(http://www.cioupdate.com/news/article.php/3900476/Deloitte---33-of-Firms-Missing-Out-on-Business-Analytics.htm)

And on the flip side  my other thought is:

Thought #2: Would cloud computing help 67% of firms in building the right business technology? Does cloud computing alleviate the challenges that firms face during building their in-house business intelligence platform?

I believe cloud computing has a long way to go. And since my expertise is Master Data Management; i would be really happy to come across a technolgy where i can build Master Hiearchies and build Master Data using the cloud.
 
That would be soo cool; Master Data Management as a Service!!!

As always i am eager to hear my reader's experience and any comments/suggestions are welcome
Talk to you soon!!

Nilesh

2 comments:

  1. You said it well...cloud computing is not matured yet. It's matured enough that fierce developers can host their solutions on cloud but I don't think it has gotten to a point where the lines between in-house and cloud environments is blurred. Another concern is about security. But these are are hardly concerns. Cloud will be the future no doubt for purely economic reasons.
    As far as MDM on the cloud goes, I think it will be more doable if all your data is in the cloud. There is an opportunity here Nilesh. Make your own MDM tool :)

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  2. Yash: Wait for couple of years and there will be MDM on the cloud. MDM is catching up :)

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