Oracle DRM enables organizations to achieve a standardized and centralized management of their metadata for various entities and attributes. However, technology alone is just an enabler, it is not the complete solution for the master data management needs of an enterprise. The missing parts of the puzzle are the people and the process. That’s where ‘Data Governance’ comes into the picture.
Oracle recently released 188.8.131.52.345 Patch Set Update (PSU). This PSU includes some significant DRM, Data Relationship Governance (DRG) & Common User Provisioning (CUP) related defect fixes, but no new features. Stay tuned for more updates as we start testing the defects fixed in this PSU!
While the primary objective of most DRM implementations is to establish a controlled and efficient maintenance model for sending metadata to subscribing applications, more DRM customers are realizing the tool’s potential to support with the alignment and publication of data maps. Mappings in DRM can be implemented through the familiar context of hierarchies and properties.
We are a group of technology professionals who are currently focused on implementing Oracle EPM solutions while standardizing agile product management best practices across FP&A, Controllership, and Finance IT teams at Fortune 100 companies. It so happened that we’re also millennials who love working with data! We have become quite restless to share what we know about agile product management, master data management, governance, analytics, data visualization, and other technology related topics.
What is DRM? Implementing DRM enables organizations to achieve a standardized and centralized management of their metadata for various entities and attributes (accounts, products etc.). The approach for achieving this standardization involves three essential components: People, Processes, and Technology. In the Data Restless blog we will share tips, tricks and best practices covering Oracle EPM topics, but not only.