Master Data Management (MDM) aims to achieve what?

Master Data Management (MDM) focuses on consolidating and standardizing data from various sources to ensure that organizations have a single, accurate, and comprehensive view of their critical information. This process involves harmonizing data across different systems, cleaning up discrepancies, and maintaining a consistent framework for how data is defined and utilized within an organization. By achieving uniformity, MDM allows businesses to better manage their data assets, facilitate more informed decision-making, and enhance operational efficiency.

This approach contrasts with merely gathering data from various sources, which does not address the need for coherence and consistency within the data itself. Additionally, while eliminating non-descriptive data fields and maximizing the volume of collected data can be aspects of data management practices, they do not encompass the broader goal of MDM, which is to ensure data integrity and alignment across the enterprise. Thus, the central aim of MDM is accurately captured in the choice that highlights the consolidation and standardization of data for uniformity.