Hi Nagaraju,
To make it clear i''d liek to share something about data and MDM.Data is the food for any system to run and master data is the heart of that system.Master data is that crucial information on which all your business process run.If your master data is not in proper shape the analytics run on them will be incorrect as a result the business decisions taken will be wrong and this will result in a complete failure of your business.
There are many ERP systems existing today but very few provide an effective,systematic and fool proof method to preserve a single version of truth odf your master data.
SAP MDM address this problem and so is here today to bring all your master data under one roof.
So,in general,benefits of keeping Master data in 1 place is
Conformance/Auditing
Single view of customer
Global data synchronization efforts
Accurate reporting
Consolidation after mergers and acquisitions
Reduced effort to consolidate information
Reduced cleansing/mapping of information
Increased efficiency
Reduced costs overall.
with this much details you can refer to the URLs which have detailed infomation about every aspects of MDM:
For detailed overview
http://help.sap.com/saphelp_mdm550/helpdata/en/47/1c5928cd0412b8e10000000a1553f7/content.htm
To know about Key capabilities:
http://help.sap.com/saphelp_mdm550/helpdata/en/46/b8065a4df01517e10000000a114a6b/content.htm
Read reference Guide of various modules of MDM:
http://help.sap.com/saphelp_mdm550/helpdata/en/88/9f9c427055c66ae10000000a155106/content.htm
I hope these documentation will help you in your reading.
Bluesky
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