Master Data Management
Master Data Management is the set of processes, tools and infrastructure to provide a Single and Authoritative reference point for Master Data like Customer Master, Employee Master and Product Master etc. MDM has many similarities as well as differences vis-a-vis Data Warehouse. MDM, like Metadata is not only limited to BI, but provides foundation capability to wide-ranging applications and processes. MDM is generally spoken along with Customer Data Integration (CDI), as that is the most popular application of this concept.