Is Master Data Management still relevant for unstructured data?

View profile for Avinash Narasimha

Enabling AI for Enterprises | Managing Partner

𝗠𝗮𝘀𝘁𝗲𝗿 𝗗𝗮𝘁𝗮 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝗳𝗼𝗿 𝘂𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗱𝗮𝘁𝗮? For those who have worked in Data space, we have gone through cycles of Master Data Management in organizations and it has been structured data for most part. Most Data Leaders are solving for it as we speak. As GenAI is being used to build knowledge systems (chat on data) & workflow automations, unstructured data is being generated and consumed at an unprecedented pace. At some point, volume of unstructured data will be much higher than structured data. Now with unstructured data becoming the main source for GenAI Solutions, 𝗗𝗼𝗲𝘀 𝘁𝗵𝗲 𝗠𝗮𝘀𝘁𝗲𝗿 𝗗𝗮𝘁𝗮 𝗠𝗮𝗻𝗮𝗴𝗲𝗺𝗲𝗻𝘁 𝘀𝘁𝗶𝗹𝗹 𝗺𝗮𝗸𝗲 𝘀𝗲𝗻𝘀𝗲 𝗳𝗼𝗿 𝘂𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲𝗱 𝗱𝗮𝘁𝗮? 𝗢𝘂𝗿 𝗣𝗢𝗩- 𝗡𝗼𝘁 𝗶𝗻 𝘁𝗵𝗲 𝘁𝗿𝗮𝗱𝗶𝘁𝗶𝗼𝗻𝗮𝗹 𝘀𝗲𝗻𝘀𝗲 𝗯𝘂𝘁 𝗶𝗻 𝘁𝗵𝗲 𝘀𝗽𝗶𝗿𝗶𝘁 𝗼𝗳 𝗶𝘁. You cannot enforce the “golden record” principle but you do need governance around it. It could be around identity, provenance, enrichment, and relationships. Having clarity on these will help accelerate your GenAI solution build and drives trust and adoption. This could be the new & evolving concept and maybe its MDM2.0 loading………. At BridgePath Innovations, as we work with our clients, we’re asking the real & practical questions on Data, Data Quality & Governance. 𝗖𝘂𝗿𝗶𝗼𝘂𝘀 𝘁𝗼 𝗵𝗲𝗮𝗿 𝘆𝗼𝘂𝗿 𝘁𝗵𝗼𝘂𝗴𝗵𝘁𝘀! Ramaswamy Narayanan Premil Dennison Jayen Desai Prabhakar Vijayaprakash #Data #DataQuality #DataGovernance #GenAI #MDM #MasterDataManagement #AI

Rohan Suresh

AVP 2 | Data Eng | Data Mgmt | Data Delivery | AWS | Architect

2w

Interesting!

Vikas Sapra

Data Management & Governance Professional

2w

Interesting, not for every case but I think for some use case it might make sense. Case where you could map your unstructured data to your master data entities. Now that I am thinking about it more, I need to read more about it. Thanks to you for that...

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