Can Enterprise Data Warehousing and Master Data Management Projects Survive the Recession?
The economy has fallen off a cliff, commented Warren Buffett, chairman of Berkshire Hathaway, in a recent interview on CNBCs Squawk Box. This is not an understatement as theeffects of the rapid economic downturn can be seen already in decreased software revenues in many vendor organizations. Ambitious IT projects in areas such asenterprise data warehousing (EDW)and master data management (MDM) are likely to suffer as CIOs focus more on reducing IT costs, than leveraging IT to help the business fight the recession. As I noted in a recent blog, the solutions that will have the most impact in 2009 willbe those that offer quick and low-cost approaches that help organizations reduce costs and enable business users to become more productive and self-sufficient.