Coda Technology Solutions Pvt Ltd.

West Mambalam, Chennai, Tamil Nadu

Master data management (MDM) is a comprehensive method of enabling an enterprise to link all of its critical data to one file, called a master file, which provides a common point of reference. When properly done, MDM streamlines data sharing among personnel and departments. In addition, MDM can facilitate computing in multiple system architectures, platforms and applications. The benefits of the MDM paradigm increase as the number and diversity of organizational departments, worker roles and computing applications expand. For this reason, MDM is more likely to be of value to large or complex enterprises than to small, medium-sized or simple ones. When companies merge, the implementation of MDM can minimize confusion and optimize the efficiency of the new, larger organization.

Product data management (PDM) is the process of using IT resources and services to store, manage, monitor and share data pertaining to a particular product. PDM incorporates tools and techniques to centrally store and manage all the data associated with a products life cycle. PDM is generally applied to products that are built using a series of processes and raw material. It is connected directly to the production system and receives, stores, shares and collaborates product data over a network/Internet. PDM may include data such as product diagrams, technical specification sheets, project plans, images and any related data. Advantages of Product Data ManagementOne of the main advantages of product data management is that you can retrieve any data related to the product at any time with ease.Tracking the specifications of the product is done easily by the product data management software.Product managers, sales personnel, product engineers, quality assurance team are all those who are benefiting directly by the use of the product data management process.Meta data like, product release date, version of the product, owner of the drawings, at what time the information was accessed and by who are also stored in the database.