As organizations adopt digital transformation, the shift from on-premise master data management to cloud-based master data management is accelerating. However, cloud migration is a complex procedure with multiple paths and no one-size-fits-all approach. And it requires careful planning and consideration of critical factors that impact performance, security, and long-term ROI.
In this article, we explore the key drivers behind migrating from on-premise to the cloud, outline four critical considerations for a successful transition, and explain why PiLog is the ideal cloud MDM partner. Let’s get started.
Migrating to a cloud-based MDM solution offers agility, cost efficiency, and scalability, empowering your organization with enhanced data accuracy, streamlined operations, and faster decision-making. With PiLog’s Cloud-Based MDM, you can future-proof your data governance framework, ensuring better compliance, reduced risks, and improved business outcomes.
Data security and compliance:
Scalability and flexibility:
Cost efficiency:
Performance and integration capabilities:
Imagine building a skyscraper on shifting sands. Without a solid foundation, even the most advanced architecture will crumble. The same applies to migrating your master data to the cloud. A cloud-based Master Data Management solution promises agility, scalability, and data-driven insights but only if built on strategic pillars.
Here’s how to ensure your migration doesn’t just move data but transforms your business.
1.Data Quality & Governance: The Bedrock of MDM Success
Data is the foundation of any MDM solution, and ensuring high data quality before migration is critical. Because, poor data quality costs businesses $12.9 million annually (as per the Gartner report). Before migration, incomplete records, duplicates, or outdated entries can propagate errors across systems, leading to flawed analytics, compliance risks, and operational bottlenecks.
By prioritizing data quality and governance, organizations lay a solid foundation for a successful MDM migration.
2.Scalability & Performance: Build for Growth, Not Just Today
Your MDM isn’t a static repository. It’s a living ecosystem. Can it handle 10x the data volume? Sudden spikes in user queries? A cloud-based MDM solution must accommodate growing data volumes and evolving business needs.
By focusing on scalability and performance, businesses can future-proof their MDM investment.
3. Integration with Enterprise Systems: Break Silos, Unify Workflows
MDM shouldn’t exist in a vacuum. It’s the central nervous system connecting ERP, CRM, and supply chain tools. So, migration should not create data silos but rather enhance seamless enterprise-wide data flow.
By ensuring smooth integration, organizations can enhance efficiency, data accuracy, and business process automation.
4. Security & Compliance: Guard Your Critical Data
Data security is paramount when migrating to a cloud-based MDM, as businesses handle sensitive and business-critical information. Data breaches cost $4.45 million on average. In the cloud, security is shared but accountability isn’t.
A secure and compliant MDM solution not only safeguards data but also builds trust among stakeholders.
Migrating to cloud MDM isn’t just about technology. It’s about partnering with the right experts like us who’ve navigated the storm over the past two and half decades.
Migrating to a cloud-based Master Data Management (MDM) solution is a transformative step for organizations striving for efficiency, agility, and data-driven decision-making. However, to ensure a seamless transition and maximize business value, organizations must carefully evaluate the aforementioned key factors. By focusing on data quality, scalability, integration, and security, organizations can accelerate their digital transformation journey while achieving long-term success.
Contact us to schedule a free cloud-MDM migration assessment. Let PiLog’s experts craft a bulletproof strategy because your data deserves more than a lift-and-shift.
