2017 Gartner Master Data Management Magic Quadrant Report
11 Vendors are evaluated - Profisee has been recognized again in the Gartner Master Data Management Quadrant.
- Great insights on strengths and weaknesses for all vendors in the marketplace
- Report evaluates providers of multi-domain MDM solutions
- Get an overview of functional capablites in MDM solutions
- Read about the market's direction, maturity and participants
Why Is This Report Important?
Master data management (MDM) continues to gain momentum as more organizations recognize the fundamental need to make sense of an increasingly chaotic and complex enterprise information landscape. The pain that organizations are experiencing around consistent reporting, regulatory compliance, strong interest in GDRP, and Software as a Service (SaaS) has prompted a great deal of interest in Master Data Management (MDM). IT and business leaders know they have a master data problem, but struggle to effectively solve it via the right combination of organizational change and technology - thus the case for MDM.
Begin by educating yourself on the fundamentals of master data management, and by reading the 2017 Gartner Master Data Management Report. We recommend you review the following key concepts:
- MDM implementation styles: Registry, centralized, co-existence, and consolidated (as outlined by Gartner, and generally agreed upon).
- The common functions an MDM platform should provide: Modeling, integration (batch and real-time), web services, data quality, business rules, workflow, matching, survivorship, and stewardship; don’t forget non-functional capabilities such as scalability and high-availability.
- Common MDM domain categories: People (customers, employees, patients, etc.), Organizations (customers, vendors, partners, etc.), and Things (products, parts, locations, assets, etc.).
- The typical master data needs in your industry: Companies that distribute finished products have different needs than an industrial manufacturer; healthcare and insurance companies share common needs around provider and patient/insured member
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.