The Changing Perception of Data Management

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1 The Changing Perception of Data Lisa Fenwick, TPT Technologies, dba CMstat

2 About Me ME Background CM/DM OJT Training in CM/DM CMstat

3 Introduction Organizations that do not understand the overwhelming importance of managing data and information as tangible assets in the new economy will not survive." Tom Peters, 2001

4 Data,Information, Knowledge Knowledge Understanding Information Data in Context Data facts

5 DM Definitions Data management comprises all the disciplines related to managing data as a valuable resource.. en.wikipedia.org/wiki/data_management The official definition provided by DAMA International, the professional organization for those in the data management profession, is: "Data Resource is the development and execution of architectures, policies, practices and procedures that properly manage the full data lifecycle needs of an enterprise. Administrative process by which the required data is acquired, validated, stored, protected, and processed, and by which its accessibility, reliability, and timeliness is ensured to satisfy the needs of the data users.

6 Goals of DM Other non-strategic goals of DM include: To control the cost of data management To promote a wider and deeper understanding of the value of data assets To manage information consistently across the enterprise To align data management efforts and technology with business needs From DAMA DMBOK Guide

7 What are We Talking About? Data Business Intelligence Big Data Enterprise Information Database Administration Configuration Data Deliverables IP Knowledge To Cloud or Not to Cloud

8 Project DM to EIM The Changeover from Project/Program based Data to Enterprise Information has not been largely realized.

9 Target Stores DM Headline: Target predicts teenager s pregnancy before parents know using Data techniques

10 DM Application The needs for each type of data will be different. Example: This will have a very different process and needs than a Contract or a Project Plan. The framework provides terminology and ideas to allow for even company assets (including people, not just furniture) to be managed.

11 Defining Data Wouldn't it be nice to have a standard frame of reference? Well, guess what? We do. We have the DAMA DM BOK and EIA/ANSI-859. Defines everything you need to do and even breaks down how to design the process.

12 DAMA DM Framework Data Quality Data Architecture Data Development Meta Data Document & Content Data Governance Database Operations Data Security Data Warehousing & Business Intelligence Reference & Master Data

13 DM/CM Where s the Line? Image: Hordur Vilhjalmsson / FreeDigitalPhotos.net

14 CM/DM Where s the Line? How does/should Data merge with CM Model management file management document management product DATA management CM has its functions but the DM guidelines should determine how CM data is managed, secured, processed, distributed, etc.

15 Evolution of DM Program, Project Data Financials & Corporate Data Financials& Corporate Data Suppliers Corporate Knowledge Corporate Knowledge Product Information CM Data PLM System (May Still be multiple Integrated SW Products) Mostly Isolated Databases Integrated, Interfaced, and Consolidated Sys

16 SW Tools/Integrators Make it clear Functions/Capabilities that you want before talking to vendors What SW do you use for the job? Do you need a database or a tool specifically designed for a particular task? Interfaced systems so you can report or Enterprise Solution?

17 Conclusion Good DM implementation can get you to a COE The Electronic nature of modern day data means that DM itself interfaces with other functional areas Framework already exists