Waiting for the Semantic Web: Product Information Management Perspective

“People want to be a part of something that is the future”

Marc Benioff, Behind the Cloud

Anyone who has just discovered the concept of Semantic Web wonders why, despite the apparent simplicity and usefulness of the concept, its deployment takes such a long time and still does not produce any noticeable effects on business. Why a framework that allows data to be shared and reused across application, enterprise, and community boundaries remains only a concept rather than a dominating standard? (more…)

Why data quality is important to reduce costs? Learn how Actualog supports cost saving in procurement.

Today many businesses are launching cost reduction initiatives. Procurement optimizations has a significant cost-saving potential. Procurement consolidation, contract management, category management and other initiatives need special tools. It is required to ensure purchased products data quality too conduct spend analysts and support the consolidation. Actualog  supports cost-saving initiatives in global Read more…

Why there is no Product Information Management without Party Data Integration

The Master Data Management world stands on two pillars: Party Data Management and Product Information Management. There are specific solutions designed to manage customer data or products information. In fact, Most MDM initiatives are focused on a single type of Master Data. The most common areas are Party Data Integration (including Customer Data Read more…