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August 28, 2006
EDM - Enterprise DECISION Management
ink rel="alternate" type="text/html" href="http://feeds.feedburner.com/~r/EnterpriseDecisionManagementWeblog/~3/17073972/edm_enterprise_.html" /> In case any of you saw this Aite group report, EDM does not stand for Enterprise Data Management but Enterprise Decision Management. I don't know what they think they are doing, trying to hijack the acronym like this! Managing Risk beyond Market Data: Practical EDM Strategies for Improving Legal Entity Information Posted by James Taylor at August 28, 2006 11:01 AM
Aite Group predicts that in 2007 improving customer data will be a top ten priority for most sell-side firms. Enterprise Data Management (EDM) vendors will move into this space to take market share from CRM installations over the next three years. On average, only 68% of customer data is accurate across most firms prior to an improvement exercise, but that number can increase to a near 90% accuracy following data cleansing projects.
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