© 2009, cognizant technology solutions. all rights reserved. the information contained herein is...
TRANSCRIPT
© 2009, Cognizant Technology Solutions. All Rights Reserved. The information contained herein is subject to change without notice.
Quick Start MDMAccelerate Your Business
Dileep SrinivasanAVP CRM & Global MDM
2© 2009, Cognizant Technology Solutions Commercial in Confidence
Cognizant’s Leadership in MDM
The MDM Institute has recognized Cognizant as
being amongst the top MDM systems integrators.
The MDM Institute has recognized Cognizant as
being amongst the top MDM systems integrators.
Cognizant is a pioneer in delivering 4th generation MDM services and business value. Cognizant sponsors several events and workshops globally to promote MDM thought-leadership.
Cognizant is a pioneer in delivering 4th generation MDM services and business value. Cognizant sponsors several events and workshops globally to promote MDM thought-leadership.
Cognizant’s rich repository of process accelerators and point solutions is aligned with the needs of industries. HCP Spend Reporting, M&A Framework.
Cognizant’s rich repository of process accelerators and point solutions is aligned with the needs of industries. HCP Spend Reporting, M&A Framework.
Cognizant has demonstrated cutting-edge business leadership with solutions such as an open source MDM framework, MDM-in-a-Box, MDM Express and data stewardship UIs.
Cognizant has demonstrated cutting-edge business leadership with solutions such as an open source MDM framework, MDM-in-a-Box, MDM Express and data stewardship UIs.
Process AcceleratorsProcess Accelerators
Industry LeadershipIndustry Leadership
Business SolutionsBusiness Solutions
No. of MDM Consultants – 200+
No. of MDM projects – 45+
No. of MDM Consultants – 200+
No. of MDM projects – 45+
Cognizant has pioneered technology solutions such as MOSAIC and MASS for shared service strategies, and are implementation partners to IBM, Oracle Siperean, Initiate, and D&B Purisma
Cognizant has pioneered technology solutions such as MOSAIC and MASS for shared service strategies, and are implementation partners to IBM, Oracle Siperean, Initiate, and D&B Purisma
Technical ExpertiseTechnical Expertise
Designed for Rapid & Repeatable
Delivery
Pre-loaded with
business enablement
modules
Configured for Business
Value
Bundled License & Service Pricing
3© 2009, Cognizant Technology Solutions Commercial in Confidence
What the Analysts Say…
Aaron Zornes, Chief Research Officer, The MDM Institute:
“It is wise that Cognizant has applied ‘production line’ techniques and accelerators to pro-vide a fast track MDM installation for select industries and select MDM software solutions. The ‘pre fab’ MDM-in-a-Box approach will enable even more organizations to cost-effectively phase in their MDM programs on an industry-specific basis. This approach is beneficial for both large and midsize enterprises and a savvy option for fast-tracking MDM”.
John Radcliffe, Research VP, Gartner*: "Cognizant recognizes [that] buyers need something easier to use and implement. That's good particularly in the current economic climate, for those looking for a reduced-cost starting point...“
Radcliffe suggests that Cognizant's roadmap is a step in the right direction, adding that he believes that the verticalization of these MDM solutions speaks to the growing maturity of the overall space. "Potentially, if you go further down this track, MDM starts to be a proposition not just for large enterprises but for midsize ones as well," he says.
Rob Karel, Principal Analyst, Forrester Research*: "The company's vision of what it's trying to accomplish matches what I recommend to clients, which is to start small and grow. Cognizant has a chance to really differentiate itself in the services market.“
* Source: destinationCRM.com, 4 November 2008
4© 2009, Cognizant Technology Solutions Commercial in Confidence
Understanding the Challenges of MDM
5© 2009, Cognizant Technology Solutions Commercial in Confidence
Challenges of MDM: A Leadership Survey
A Cognizant survey of 10 business and IT leaders focused on determining the root causes of why many
MDM programs “Fail to Launch” and “Fail to Deliver”…
6© 2009, Cognizant Technology Solutions Commercial in Confidence
The Solution … Defining Business Value
Business Value
CDI/MDMEnterprise Data
CDI/MDM
DW
• Policies
• Business Rules
• Governance
Organization
• Operating Model
• CRM
• HR
• ERP
• SCM
• Customer Insights• Analytics &
Dashboard Reporting
• Cost
Optimization
• Compliance
• M & A
7© 2009, Cognizant Technology Solutions Commercial in Confidence
Identifying the Critical Success Factors for MDM
Many MDM programs suffer from stagnation, loss of business focus or budget cuts well before
producing a deliverable – resulting in a perception that such programs are highly complex and risky.
Business Case & ROI Socialization
- Creating the right value proposition is vital for the
executive and organizational acceptance of MDM
- Creating the right value proposition is vital for the
executive and organizational acceptance of MDM
Data Governance
- Foundational data governance and management
strategies ensure lesser resistance and greater adoption
of MDM
- Foundational data governance and management
strategies ensure lesser resistance and greater adoption
of MDM
Execution Approach
- A sound execution approach that combines the right
strategies and delivery of business value while
minimizing project risk
- A sound execution approach that combines the right
strategies and delivery of business value while
minimizing project risk
Gartner Hype Cycle for MDM, September 2008
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The First Hurdle - Business Case & ROI
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Creating the Vision for Master Data Management
© 2007, Cognizant Technology Solutions. Confidential
Cu
stom
ers / Clien
tsC
RM
So
lutio
ns
Pro
cessesP
rod
ucts
Operational Analytics
Predictive Analytics
Reporting
• Customer
• Product• Supplier• Vendor
CustomerExperienceConnected Communities Connected
Enterprise
CR
M 2
.0
Enterprise Systems
CRM
Master Data Management Customer Analytics & BI
Discussion forums
Blogs & Wikis
Workflow Automation Application Integration
Business Process Management
Web Service LayerCRM 2.0
Partner resellers
Distributors
Vendors & Suppliers
Trade Promotion Bodies
ERP
Legacy ApplicationsHRFinance
• Materials• Location•
Consumer
• Compound
Web 2.0
10© 2009, Cognizant Technology Solutions Commercial in Confidence
Formulating the Business Case & ROI
Strategic Assessm
ent
Strategic Assessment
Focuses on Strategy, Insight, Design & Quality
– four areas that are essential to the success of
the MDM journey
Provides a clear insight into the end solution to
enable appropriate planning of resources,
dependencies and budgets
Clearly defines ROI and its measurability in
terms of financial impact as well as timelines
Ensures vital accelerators and industry
templates are incorporated in any solution
recommended to reduce risks and time to
market
11© 2009, Cognizant Technology Solutions Commercial in Confidence
Creating a Socialization Plan
Socialization of the MDM benefits and ROI remains a significant challenge for many MDM programs.
A sound socialization plan can yield significant benefits:
1. Increased enterprise sponsorship
2. Appropriate expectation management (minimizing or eliminating the hype)
3. Substantial increase in program awareness and participation by end-users
Socialization Plan
Newsletters
• Periodic communication on the program status
• Listing of key accomplishments and business
benefits
Workshops
• Executive workshops and industry case study
seminars
• Business benefit brainstorming
Webinars / Webcasts
• Broader outreach programs to increase enterprise
involvement
• Socialization of program objectives and goals
Analyst Discussions
• Industry outlook and benefits from MDM
• Outside review and inputs on program progress
A few processes that comprise of a
socialization plan and which would
invoke interest, provoke thought
and ease challenges
A few processes that comprise of a
socialization plan and which would
invoke interest, provoke thought
and ease challenges
12© 2009, Cognizant Technology Solutions Commercial in Confidence
The Second Hurdle - Data Governance Roadmap
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Common Pitfalls in Governance & Data Stewardship
Lack of emphasis on
data governance & stewardship
Data Governance should be planned
well ahead of MDM execution
Understand Models in operation and
adopt one that suits your
organization most
MDM initiatives that do not incorporate sound data management principles are
likely to face challenges with user adoption
“Boiling the Ocean” approach
to data governance
Data governance frameworks require
a deep understanding of the
information ownership structure and
are best implemented in an
incremental manner
Understanding of enterprise political
landscape and sensitivities is key
Sustained sponsorship and structure
are essential
Executive sponsorship is key, but
even more important is sustenance
Having your best negotiators is
winning half your battle
Approaching an Enterprise Information Management program
can be accomplished through a variety of accelerators and
methodologies.
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The Final Step - Execution Approach
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Adopting the Right Execution Approach
Shared Service Approach
Software Factory Model
Business Use Case Driven Approach
Designed for Rapid
& Repeatable Delivery
Pre-loaded with
Business Enableme
nt Modules
Configured for
Business Value
Bundled License & Service Pricing
16© 2009, Cognizant Technology Solutions Commercial in Confidence
Shared Service MOSAIC Framework
MDM Mosaic Framework
Information Management
• Data Governance• Data Stewardship• Data Quality• External Data
Integration• EII• ETL• SOA
Testing• Test scripts/cases• System Testing• Integration Testing• Regression Testing
Implementation
• Tool Evaluation• System
Development• Localization
Infrastructure• HW / SW
Procurement• System
administration• Redundancy
Support• Workflow
processing• System upgrades• Add-ons /
Enhancements
Database• Modeling• Capacity planning• Administration• Monitoring
Biz. Services• Process analysis• ROI analysis• Change
management
Other Services• Meta-data mgmt.• Biz. Process
mgmt.• Security services
Getting started with a shared
service model can be challenging
at first. Cognizant’s has evolved a
comprehensive shared service
framework for MDM projects
through multiple case studies.
17© 2009, Cognizant Technology Solutions Commercial in Confidence
MDM Express™: Realizing the Software Factory
The software factory MDM approach is best suited
for enterprises seeking industry best practices and
rapid time to delivery without the costly and time
consuming nature of team and project setup.
Cognizant’s MDM Express™ realizes this
approach in a proven and cost-effective manner.
Industry Templates
Reuse of industry templates and models as well as team resources that are experienced in implementing and customizing these
Incorporation of proven data models and software components into the solution
Factory Efficiencies
Factory units of resources that specialize in a single MDM process e.g. Integration, Testing
Reduced component creation and overall delivery time as well as resource requirements
Cost Efficiencies
Reuse of existing resources and components permits a reduced cost impact
Rapid Ramp-up
Utilization of existing resource pools that specialize in individual configuration tasks – testing, integration, data cleansing etc.
Centralized vendor management
18© 2009, Cognizant Technology Solutions Commercial in Confidence
Cognizant’s MDM-in-a-Box™
Designed for Rapid &
Repeatable Delivery
Pre-loaded with Business
Enablement Modules
Configured for Business Value
Bundled License & Service
Pricing
19© 2009, Cognizant Technology Solutions Commercial in Confidence
19
The Challenges for Enterprises and CIOs
Show businesses an MDM journey where they can see some quick benefits accomplished within a 5-9 month timeframe
Bring the prohibitive costs of licensing and implementation to a pay-as-you-implement model that makes it more affordable to justify
Reduce the risks arising from long, complex MDM programs
Designed for Rapid &
Repeatable Delivery
Pre-loaded with
Business Enablement
Modules
Configured for Business
Value
Bundled License & Service Pricing
20© 2009, Cognizant Technology Solutions Commercial in Confidence
De-constructing MDM-in-a-Box
Industry specific Use Case based modules configured with functionalities
tailored to the critical data needs and business requirements, based on
requirements from business and IT leaders, user surveys, e.g.:
Aggregate spend compliance for life sciences companies
Risk exposure measurement and management for banking organizations
Configured for
Business Value
Designed for Rapid & Repeatable
Delivery
Modules are designed to be implemented in shorter time frames when
through the use of:
Componentized and modular framework
Architecture that can be delivered and operated in a shared service mode
Pre-loaded with
Templates & Models
Each module is pre-configured with adapters and components specific to the
industry and the business requirements. Such as:
Web-based data stewardship interface, facilitating intranet experience
Integration adapters to relevant source systems
Template industry-standard data models
21© 2009, Cognizant Technology Solutions Commercial in Confidence
Choosing the Right Approach
MDM REQUIREMENT COMPLEXITY
MDM-in-a-Box
MDM Express
Shared Service MDM
AV
AIL
AB
LE
PR
OJE
CT
FU
ND
ING
LOW
MED
IUM
HIG
H
HIGHMEDIUMLOW
• Specific business use cases
• Insufficient ROI justification
• Quick time to implementation
• Multiple business units
• Require medium flexibility
• Reuse of industry best practices
• Multiple geographical units
• Require high flexibility
• Very complicated governance
22© 2009, Cognizant Technology Solutions Commercial in Confidence
Thank you