The road ahead for MDM seems bright and shiny… atleast as per a recent survey published by MDM Institute!http://www.tcdii.com/0809milestonesonmdmroadmap.html
So as SAP MDM continues to be rated as one of the most valued SAP skills, MDM’s market would continue to mature and grow in 2008-09. What does that mean for all of us?
- As more verticals/industries would move into MDM we will see more niche master data objects being mastered. Some of them can be Patients for Healthcare, Well for Oil & Gas, MRO for Manufacturing, Fixed Assets for Service industry etc. This would mean that the limited repositories provided by SAP would not be sufficient. More functional knowledge and expertise would be required to model such niche repositories.
- One of the strong business case for MDM is M&A and in 2007-08 we saw lot of M&A within the MDM space itself! The SAP-BO, Microsoft-Siperian, Oracle-Cognos etc would enhance the functionalities of these core MDM products. This means a fast continuous skills upgrade for us and to keep pace with the technology. It started with SAP ERP, then to BI, SRM and now Business Objects. To learn all these new technologies as they begin to integrate with SAP MDM would be a task we all need to be upto for.
- As mentioned in the roadmap, throughout 2009-10, skill shortages will greatly inflame project costs as demand for data stewards, enterprise data architects, & individuals with data governance experience outstrip market supply. Hence SAP MDM Consultants on the SI side must try to build an identity for themselves on their skill set and experience.
These are some of the learning’s/outlooks we must look forward in MDM trends in up-coming years. The roadmap also throws light on SOA, data governance for MDM etc. Given all this speculation & competition, one can hope that SAP MDM continues to mature and out-pace and out-perform its competitors in technology, capability and functionalities!