Return On Investment

When you build a system, you need to consider both the hard and soft ROI. Hard ROI is the measurable savings, either in staffing, costs, or time. Soft ROI benefits, or intangibles, are those payoffs that you can’t quantify or express in monetary units.

Immediate Hard Development ROI

One of the principal benefits of ObjectRiver Master Data Management is an immediate hard ROI in terms of reduced development time. After you create a data model, you can generate the master database infrastructure with the push of a button.

For the typical enterprise project, ObjectRiver MDM generates over 1,000 files containing 150-200,000 lines of code. A project of this magnitude would otherwise take a team of developers at least ten months to create. And, the solution is tailored to solving your unique problems. ObjectRiver imposes no constraints or restrictions on the type of data you need to support your business goals.

The modeling process doesn’t require programming, pilot projects, or prototypes, which shortens the project design timeframe. Since most companies already have data models, a proof of concept trial with ObjectRiver MDM is a low risk verification that can quickly demonstrate the value of a model-driven solution in your project.
 

Hard Development ROI


The Database Access Layer includes:
  • Relational database tables and stored procedures
  • Business objects with standard create/reaChartd/update/delete interfaces, eliminating the need to write data mapping code and complex SQL statements
  • Object-oriented code that accelerates the development of business rules and applications
  • Automatic audit trails
  • A business event factory for synchronizing data silos and integrating applications based on data updates

With this immediate hard ROI, you can actually use ObjectRiver MDM to rescue projects that are behind schedule. 

 Soft Development ROI

What is the cost of change? As your system evolves over time, business requirements or industry regulations will change the data model. In reality, the model is constantly evolving, because you are always adding new business codes and definitions. The ObjectRiver MDM Model Compiler regenerates the entire system when you change the model. This includes creating new documentation that represents the business model as well as the physical model.

What is the cost of picking the wrong standard? Industry middleware standards are not something that you want to bet your career on. ObjectRiver MDM is completely database infrastructure, and it works with all current Java-based middleware standards. If you want to build J2EE, Web Services, or JSP applications today, you can. If a new standard emerges tomorrow that better suits your needs, you can start building applications to that standard.

What is the cost of failure? Choosing a solution only to find out six months into the implementation that it has severe feature or performance issues means that you need to throw away a good portion of your code, if you are even allowed to finish. Defining a model of your information by building consensus among the people who own and manage the information mitigates this risk. Building a model actually proves that the problem can be solved.

Hard Business ROI

The risk of doing business with bad information and the savings from automatic auditing can totally justify the MDM solution for a financial institution. Centralization also reduces the duplication of effort that occurs if each division builds their own solution.

Soft Business ROI

Though the soft business ROI does not show up as a bottom-line savings, it can be gauged by the efficiencies of a system that responds to business transactions in real-time. Soft ROI also manifests itself as a return in intangible elements, including faster time to market, competitive advantage, brand strength, and customer experience and satisfaction.

Summary

The real return on investment from ObjectRiver MDM is that it provides a foundation for building world-class applications that could not have been built prior to this technology. With ObjectRiver, companies that were previously building read-only operational data stores can now build transactional, audited, event-driven, master data stores. Instead of building a limited solution that might solve one specific problem, they are able to build a solution that adapts to their ever-changing business needs.





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