MASTER DATA

Introduction

• · Master Data can also be defined as the data related to specific object which is stored, maintained and used in single or multiple instances
• · It is single line information, organized in table with various fields/columns in a master database
• · The master database can be MySQL, Microsoft SQL server, Oracle, SAP HANA, Terradata, SAP Sybase, MaxDB, IBM DB2, Hadoop etc

Need for Master Data

• To organize and manage centralized data
• To maintain the single version of truth 
• One source of data says enterprise information
• Reduced timeline from collecting multiple info

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