B1 MDI (Master Data Intelligence) is an AI-powered solution developed by BaOne to automate the normalization of master data. It tackles common data issues such as duplicates, inaccurate records, incomplete information, as well as challenges with integrating data from different systems. With B1 MDI, you can organize your data, cut down on costs and improve your processes.

From an IT perspective, master data refers to the collection of directories and classifiers used across information systems to support business processes—and the documentation that governs how these resources are maintained.

Master data is essential for solving key business tasks. In fact, errors in master data are often a leading cause of ERP project failures.

• Incomplete directories, hindering fast, well-informed operational and managerial decision-making
• Poor data quality, including duplicates, incorrect entries and non-unique records
• Ineffective or missing search tools, making it harder to find the right information
• Inconsistencies in master data across systems, resulting in informational discrepancies
• Difficulty or inability to consolidate information from multiple systems
• Regulatory risks, such as fines for incorrect classification under national Commodity Nomenclature codes
• Product duplication due to incorrect labeling
• Excessive labor costs associated with manually correcting data issues
• Stock overages when system data does not reflect actual inventory levels

To address these challenges, data normalization is crucial. It involves streamlining diverse business data into well-organized, stable structures. This approach reduces data redundancy and makes it easier to quickly search and access relevant information.