Turbocharge your Microsoft Fabric with master data management

In this guest blog post, Simon Tuson, Senior Product Specialist, Product Innovation at Stibo Systems, explores the benefits of deploying master data management on Microsoft Fabric and how Stibo Systems can help.

Data is essential to business success because it provides the insights needed to make informed decisions, optimize operations, and drive growth. Often, businesses ignore the investment behind that data. Let us explain how to maximize the return on your investment in master data management (MDM) by extracting all the value using Microsoft Fabric.

Add value across business functions with master data management.

Master data management is a business process that requires competent implementation to help enterprises organize the most reliable data from domains such as products, customers, locations, suppliers, etc. This data is essential for business operations to function effectively. Master data is a central element essential for analytics purposes, acting as a single source of truth or golden layer for the relevant data domains that support business intelligence (BI) and reporting on supply chain, sales, returns, etc. (The idea of ​​a golden layer is Medallion Lakehouse ConstructionData is collected at the Bronze tier, validated at the Silver tier, and powers your business at the Gold tier. High-quality data is also critical for training high-performance machine learning (ML) models for predictive and prescriptive purposes (e.g. forecasting).

Therefore, the ability to leverage master data in a company’s BI platform helps gain critical insights into business performance such as financial performance, environmental, social, and governance (ESG) performance, and other critical success factors.

Master Data Management multiplies the analytical power of Microsoft Fabric.

Managing enterprise data can involve thousands of attributes, hundreds of relationships, and millions of records, often spread across siloed systems. The ability to collect, manage, and share information across the enterprise and with ecosystem partners and customers while providing governance to maintain integrity requires a more agile and strategic solution that is ready to tackle complex challenges.

Microsoft Fabric is well positioned to support the need to provide insights into activities such as data collection and data preparation, artificial intelligence (AI) tools for data science, and, crucially, business intelligence via Microsoft Power BI in this context. The Fabric platform integrates data sources into a cohesive stack, enabling enterprises to perform end-to-end analytics. However, without master data from a properly curated master data management platform, there is little value to be gained from insights.

Master Data Management adds value to Fabric as a data source by providing a trusted source of data across one or more data domains. Furthermore, a mature master data management platform allows you to create and share collections of data targeted to specific business groups and requirements, avoiding unnecessary data ambiguity and instead packaging data ready for use by applications within Fabric.

Figure 1: Multi-domain master data management (MDM) and other data sources feed into Microsoft Fabric, making validated data available to multiple data consumer groups.

Empower Microsoft Fabric with Stibo Systems’ MDM

Recognized by Forrester as a Leader in Multidomain Enterprise Data Management, Stibo Systems is a driving force among forward-thinking enterprises looking to unlock the strategic value of their master data. Stibo Systems’ software-as-a-service MDM platform combines cloud-based data-as-a-service (DaaS) technology with thoughtfully designed data governance processes and capabilities to provide the foundational capabilities to organize and control a company’s master data across domains, as well as native integration with Microsoft Fabric.

Stibo Systems enables enterprises to deliver master data to Microsoft Fabric as silver layer validated data tailored to the needs of data consumers, bypassing the bronze layer raw data by leveraging pre-built notebooks that perform GraphQL queries on curated master data available at scale on a DaaS platform. Stibo Systems’ MDM enables access to data stored in legacy systems while using AI and ML to enable compliance reporting, dynamic marketing, supply chain optimization, and more.

Companies can also provide master data alongside other data sources, such as transactional data, to build the insights they need to run their business. As a nice addition to the integration, Stibo Systems’ master data management platform offers the ability to integrate Microsoft Power BI dashboards back into the user experience, allowing data managers to take action on data based on reports they get from the platform.

Stibo Systems delivers end-to-end solutions that include governed multi-domain master data management, DaaS, end-to-end analytics, and integration with Microsoft Fabric for BI to drive business insights. If you are interested in making informed decisions and achieving your goals, you can purchase: Stibo Systems Master Data Management Directly from the Microsoft Azure Marketplace. Learn more about the growing number of companies that have partnered with Stibo Systems to gain commitment, expertise, and influence.