MD3i Benefits
Benefits of a sustained MD3i implementation include:
- An Enterprise Semantic Model developed with MD3i would result in improved operational efficiency through a simplified, streamlined means to share a single, common source of information models among internal organizations as well as external partners. Customers will finally have a mode to access and share information with ease and confidence.
- An ESM developed with MD3i and industry standard reference models will dramatically improve the ability for utilities to build interoperable systems internally and with their partners.
An enterprise integration and data management platform built with MD3i design would result in:
- System optimization through a common vocabulary understood by all systems and applications. MD3i unlocks underutilized data assets and extracts greater value from this data for a wide variety of business applications, while also allowing greater reuse and repurposing of IT assets. This dramatically reduces the costs of future integration initiatives.
- Readily available clear and accurate view of key data, providing a least-cost approach for timely and accurate reporting and decision support, managing key performance indicators (’KPIs’) and supporting regulatory mandates.
- Improved return on investment through faster system integration, application implementation, and data management and analysis.
- New ability and flexibility to deliver the information each department and business process needs when it is needed. This allows information and business processes to flow across multiple commercial-off-the-shelf applications with much greater ease and at a lower integration cost to the enterprise.
- Vendor independence. Enterprise services developed with an ESM and MD3i allow companies to avoid vendor lock-in by having an established information exchange interface to which all application and system vendors must conform.