Description:Winshuttle EnterWorks is a multi-domain MDM and PIM platform that lets enterprise organizations get data to the systems and channels that matter most. Unidata sells a multi-functional data management platform that includes master data management alongside business glossary, business process management, reference data management and other tools. TIBCO EBX (previously Orchestra Networks) offers a variety of solutions to help organizations manage their data assets through its EBX platform. Related products: Syniti Knowledge Platform. Both Verdantis solutions use artificial intelligence to automatically classify, dedupe, enrich and manage data. Note: The best master data management tools are listed in alphabetical order. The Master Data Governance solution provides domain-specific MDM as well as collaborative and pre-built workflows. Verdantisprovides materials and service master data management through its Harmonize and Integrity solutions. IVP (Indus Valley Partners) primarily offers an EDM tool as part of its master data management suite of solutions. AtaccamaONE has a collaborative data curation platform that includes solutions for data profiling and catalog, data governance and quality and master data management. Description: IBM InfoSphere Master Data Management manages all aspects of critical enterprise data regardless of system or model, and delivers it to application users via a unified view. Oracle Enterprise Data Management is a multidomain, enterprise-level MDM platform. Description:Reltio Connected Customer 360 is a SaaS platform built on a cloud-native big data architecture. sphera Master Data Management (formerly sparesFinder)offers connected, cloud-based software for building and maintaining accurate, accessible and reliable master data. Its Synchronos MDM solution supports operational and analytical use cases and can be deployed on-premise, in the cloud or as a hybrid solution. Related products:Magnitude Agility MultiChannel. Weve grouped them into Multidomain, CDI (Customer Data Integration focused, PIM (Product Information Management) focused and Vertically focused to help you more quickly sift through these based on your use case and unique challenges. The Profisee AdvantageMake It HappenModern Cloud Architecture, Business Impact RoadmapCustomer Service & Support, Azure Data ServicesMicrosoft PurviewMaster Data Services (MDS)Shared History, OverviewStewardship & GovernanceIntegration, Golden Record ManagementData QualityWorkflow, Partners HomeCloud PartnersFind a Partner. xDM can integrate any data source via real-time and batch APIs to integrate the data hub with existing applications and business processes. Alongside the solution itself, SAS also offers MDM consulting services. No single MDM vendor can provide the full feature set and flexibility for every possible implementation, but this list hopefully gives you a starting point when trying to strike a balance between features, costs and implementation speed. Its MDM offering features a multi-domain core designed to provide a complete view of enterprise data. The 28 Best Data Management Software and Top Tools for 2022, The 10 Major Players in Cloud Database Management Systems, 2021. Reach him via tking at solutionsreview dot com. Magnitude Kalido MDMis a multi-domain MDM solution that supports data modeling and policy-driven data governance. All rights reserved. SAS MDMis a multi-domain MDM solution from SAS, an enterprise provider of analytics solutions. 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The flexible data modeling architecture powers a content repository with data attributes for managing complex product relationships and real-time phased pricing management. Are B2B customers (businesses) the same as B2C customers (individuals)? Its data platform includes capabilities for data preparation, integration, quality, management and governance. IBM InfoSphere Master Data Managementis a multi-domain enterprise MDM solution that includes access to IBMs data governance and orchestration offerings. Profisee MDM is strongly multidomain with the ability to model an unlimited number of domains in a single environment (most Profisee customers deploy more than one domain in their first year). And if you are currently evaluating or thinking about purchasing MDM software, you are like comparing vendors and defining solution viability, determining functional requirements and setting a budget. The Profisee website uses cookies to help ensure you have the best experience possible. Synchronos features data profiling, data discovery and monitoring, as well as a 360-degree view that lets users uncover information about extended relationships within data. may initially seem faster to implement, but the more hardened, or specialized, the application, the more complex it will be to modify it for a specific use case. Veratooffers a cloud platform for identity resolution and matching. Description:Pimcore lets users consolidate master data across heterogeneous system landscapes via its open source tools. Learn more and compare products with the Solutions Review. All Rights Reserved. It also offers software and data solutions around location intelligence, customer engagement and customer information management. Description: Informatica offers a modular MDM solution that provides a single view of data. Built for the cloud, Profisee offers the industrys first cloud-native containerized Platform-as-a-Service (PaaS) MDM solution giving customers the freedom to choose their deployment, on-premise, in the cloud or via a hybrid model. Its solution suite supports EDM and MDM capabilities for a variety of financial institutions and industry use cases, all with the goals of helping organizations manage risk, maintain compliance, control costs and find new opportunities. Reltio can scale up to billions of profiles and can support thousands of users, and remains the only cloud-native MDM solution in the marketplace. Semarchy also takes an agile, iterative approach to implementing its xDM platform. Synitis Orchestrate features enforce the entry of the highest-quality master and application data into business systems. Choosing the right vendor and solution can be a complicated process one that requires in-depth research and often comes down to more than just the solution and its technical capabilities. Description: Semarchy offers a master data management solution called xDM. It offers centralized data management capabilities designed specifically to handle financial data and allows users to model, archive and govern data as well as create reference databases. It supports both structured and unstructured data and offers a scalable solution that can meet the needs of smaller organizations and enterprises alike. Teradata MDMis a multi-domain MDM solution that also offers data governance for master and reference data. and enhances data operations. Viamedicis Enterprise Product Information Management (EPIM) suite is mostly focused on sell-side product data use cases. Access over 112 critical evaluation criteria today. Privacy Policy | Web Accessibility | Sitemap. Master Data Governance also lets you define, validate, and monitor your established business rules to confirm master data readiness and analyze the performance of data management. SAP Master Data Governanceis the MDM solution from enterprise application software provider SAP. Informatica has several MDM solutions providing multiple domain MDM capabilities and can be deployed in the cloud or on-premise. Agility Multichannel also aligns product data with all other master data. Because of this, many organizations are turning to Master Data Management (MDM) software to augment and support their data management and quality initiatives. EBX is designed with different user personas in mind by providing self-service so all individuals can manage, govern, and consume key data assets. Stibo Systems is available in different iterations based on domain specificity or user personas. The tool features a native data model that facilitates transparent lineage, audibility, and governance as well. Profisee is known for an industry-leading low total cost of ownership, rapid implementation and a truly flexible multi-domain platform. Reltiois a cloud-based, multi-domain MDM solution. Weve also included platform and product line names and introductory software tutorials straight from the source so you can see each solution in action. Workflow management functionality lets customers construct and modify workflows while hierarchy management enables a graphical display and navigational tools. In the context of master data management, domains are what we consider to be the nouns that describe your business. The product can be deployed on-prem, in the cloud, or via a hybrid environment. Boomis multi-tenant platform supports cloud-to-cloud, cloud-to-on premise and on-premise-to-on premise integrations, including real-time integrations, and it scales elastically to support volume increases. Related products: Master Data Governance on SAP S/4HANA. The vendors cloud-native solutions act as an effective alternative to traditional MDM tools through machine learning which consolidates, cleanses, and categorizes data. As the amount of data created and used grows (and so too does its importance), organizations must prioritize managing that data. It also integrates data across the enterprise, applications and systems to provide data accuracy and visibility. Description: Riversand offers MDM and product information management (PIM) solutions. The tool provides compliance with data governance rules and policies, and features a configurable framework that supports hybrid cloud environments. To make your search a little easier, weve profiled the best Master Data Management tools and solutions all in one place. Its MDM solution, STEP, supports multi-domain MDM for product, customer, asset, supplier, employee, reference and location data. Related products: Riversand Ascend, Riversand Exclusive, Riversand Infinity. Master data management (MDM) is one component of their suite of products that is focused on helping large-scale manufacturers manage both structured and non-structured data. Product Information Management (PIM) Focused, 2021 Gartner Master Data Management Magic Quadrant Report, Viamedicis Enterprise Product Information Management (EPIM), 3655 Brookside Pkwy #175, Alpharetta, GA 30022, Links to customer reviews (where applicable), Identify the leading MDM software options and understand what each offers (weve compiled each solutions core features, strengths, weaknesses and reviews to make your life easier! IBI (Information Builders)offers an integrated platform for business intelligence (BI), analytics, data integration and data quality. Neo4j offers a variety of data management capabilities, including data integration, discovery and visualization. Key features include data quality, hierarchy management, rich content integration, audit trail and workflow management. It also offers a handful of interfaces for unique audiences, with different views for a variety of roles. InfoSphere MDM is available in two editions (standard and advanced), and both are available on-prem or as fully-managed cloud offerings. Pimcore offers flexible data models, multiple implementation styles, and support for both analytical and operational MDM. The product enables the creation of a single point of reference to master and application data from multiple domains. It offers capabilities around application integration, master data management and domain-specific data quality. This means that you can put any domain of master or reference data inside. Its multi-domain MDM solution integrates product information to provide centralized management and data enrichment. Related products: Winshuttle Evolve, Winshuttle Studio. Solutions Reviews listing of the best Master Data Management tools is an annual mashup of products that best represent current market conditions, according to the crowd. Platform: IBM InfoSphere Master Data Management. In fact, data has become so critical to success that many organizations actively measure the quality and usefulness of their data. The Profisee master data management (MDM) platform provides organizations a fast, affordable and scalable solution to deliver trusted data across the enterprise without the cost, complexity, risk and data domain boundaries of traditional MDM solutions. Informatica MDM also features AI and machine learning, and includes data quality, data integration, business process management, and data security functionality that allows you to easily enrich master data records with data from external providers. Contentservs product-focused MDM platform allows manufacturers to align multiple information management technologies from different departments or business units to a single point of reference, commonly known as a Golden Record, to create and manage a complete and accurate record of critical data. MDOProspecta Master Data Online (MDO)offers a cloud-based, SaaS MDM platform with a focus on asset-intensive industries like manufacturing, mining, oil & gas and utilities. Profisee features native integrations with leading Microsoft Azure services as well as a modern REST-based architecture to connect to any existing services, databases and applications. A 2017 and 2018 Most Influential Business Journalist and 2021 "Who's Who" in data management and data integration, Tim is a recognized influencer and thought leader in enterprise business software. SAS MDM offers a complete solution for data management, with a strong focus on data quality and governance. The product features graph technology and machine learning capabilities as well. Talendoffers a Customer 360 platform as part of its Talend Data Fabric suite of products that combines data integration, integrity, and governance in a single, unified platform. Complete the form below and choose which date That includes managing it for cleanliness, accuracy and consistency across the organization, managing access to it and managing the actionability of it. In healthcare, can we treat patients like customers? Innovative Systems Inc.is a long-established provider of enterprise data management and risk management solutions. Description: Tamr offers a popular data mastering platform that powers analytic insights, boosts operational efficiency. Buyers should be clear on which is being offered as this will have a significant impact on implementations which may end up costing many times the initial single domain implementation if it involved buying and implementing separate applications for subsequent domains. The product utilizes machine learning algorithms to enable stewardship and advanced matching, survivorship, curation, and classification. Syniti automatically notifies users when work needs to be performed, as well as monitor processes against SLAs. Tamrs Master Records feature provides a complete view of all entities via simple yes and no questions. Users can quickly onboard new data sources, add, change or remove customer profile attributes without downtime, and enable developers to build and launch new products. Formerly a standalone MDM platform, it is now embedded within cloud applications and consists of several different solutions designed to collect and standardize data as a service of the application. The product enables users to create an authoritative view of business-critical data from disparate, duplicate and conflicting sources. EnterWorks Multi-Domain MDMwas acquired by Winshuttle which has a variety of information software and master product data software. Description: TIBCO Software offers its MDM capabilities via TIBCO EBX, a single solution that manages workflow, data quality, and role-specific applications. VIN MDM offers multi-domain master data management designed specifically for retail. Thats why we offer a free MDM Software Evaluation Template that is designed to help you score and compare 3 MDM vendors side-by-side. The product is compatible with any master data domain (product, customer, employee, asset, partner/vendor, location, reference, IoT). Buyers may initially believe they are looking to solve for only a single master data domain, but most business use cases require the mastering of several domains and given the ability most organizations quickly move beyond their first master data domain. NeoXam DataHubis a niche MDM solution for data used or produced by financial institutions. ), Better understand the core capabilities of MDM software at large as well as the nuances of specific solutions, Identify the best use cases for different software (some solutions are geared toward certain types of companies over others, whether its size, industry or anything else, and thats an important distinction to make), Determine how your peers are using the different solutions available and what theyre saying about them, Offers fast implementation time and time to value, Built for unlimited multi-domain implementation in a single environment, Obvious choice for Microsoft-centric environments, Features robust golden record management to ensure a single, standardized view of all data, including machine learning-based matching, Delivers proven scalability with continuing levels of high performance, Lacks strong PIM capabilities, such as BOM support, Doesnt leverage NoSQL database tech, such as graph databases, Householding, aggregation and categorization to group similar entities and identify relationships, Offers robust data matching, identity management and hierarchy management capabilities, Supports big data connectivity and full data quality activities, Less developed product information management capabilities compared to other MDM solutions, Requires a separate module to support reference data management, Relatively small player in the MDM market, Lengthy implementation and deployment process, Data synchronization through a variety of integrations, Data stewardship, including the ability to create business rules and alerts, Supports MDM capabilities, such as bidirectional data flows, data enrichment and multi-domain support, Offers MDM, data integration and API management in a single solution, Includes an analytics-based control console, Provides access to a fully cloud-based solution that integrates easily with both cloud and on-premise applications, Reference data management capabilities are less fully developed than in many other MDM solutions, Limited product information management capabilities, Data governance, including collaborative workflows and customizable business rules, Data stewardship that combines data profiling with attribute management capabilities, Data quality tools to validate, cleanse and classify all imported data, Multi-domain management, with the ability to centralize governance and stewardship, Flexible data modeling with no coding required, Offers robust product information and reference data management capabilities, Delivers an enterprise-level solution with proven scalability, Uses an XML based architecture that allows users to create custom, complex data models without any coding work, Provides granular control over data and permissioning, Data matching capabilities are less fully developed than in many other MDM solutions, All-in-one solution that may be too much for some organizations, Needs improvement handling heavy user traffic, Facilitated integration that supports a variety of data, including transactional data, Built-in historical data to capture mastered and transactional subjects, Data governance, including out-of-the-box orchestration of remediation activities such as cleansing overrides and identity matching overrides, Features an easy-to-use UI for core capabilities, Boasts a strong variety of customer references and reviews, Provides access to extended capabilities, particularly around BI and analytics through other solutions from Information Builders, Includes design tools to visually represent both golden records and source records, Poor documentation and training for non-core capabilities, Minimal relationships with major systems integrators, Room for improvement with monitoring and error notifications, Configurable framework available on-premise or in the cloud, Policy management capabilities for authoring, monitoring and enforcing data quality, Graph-based representation for master data and transactional data, Flexible access to IBMs data governance and integration solution, Offers multiple deployment options, including on-premise and cloud, Delivers robust support for big data governance and reference data management, Offers a scalable solution with proven performance, especially around data matching, Typically requires a large technical footprint, which can make implementations lengthy, User licensing can get complicated and become expensive quickly, Data acquisition, including from cloud, on-premise or third-party sources, Integrations with transactional and social data, Supplier and product information management, Delivers a highly scalable solution with proven performance, Offers multiple deployment options and supports several use cases due to its ability to integrate a variety of data types (including transactional and supplier data), Less developed data governance capabilities compared to other MDM solutions, Multiple solutions may not all be well integrated, Features a complex UI that has a learning curve to it, especially for business users, Implementation can be difficult and typically requires a highly experienced partner, Limited capabilities around reference data, Reference data management and hierarchy management capabilities, Data harmonization to combine multiple data sources and create a golden record, Centralized master data authoring for creating new records, applying business rules and pushing data out to operational systems, Data stewardship and policy-driven governance, Offers reference data management, hierarchy management, centralized authoring and data harmonization in a single solution, Supports multi-entity MDM and deployments across multiple domains, Allows for unique user interfaces for different roles, all without any coding, Features robust visual modeling capabilities, Minimal relationships with major system integrators, Magnitudes history of and continued focus on acquisitions can lead to poorly integrated solution developments (versus natively developing new capabilities), Less developed information governance support compared to many other MDM solutions, Graph analytics for data visualization and understanding, Offers robust graphical capabilities for data analytics, Includes strong domain data modeling capabilities, Delivers highly responsive customer support, Limited integrations with popular web frameworks, Data governance, including data quality remediation workflows, Data management for operational and analytical data, Data quality capabilities for standardizing, matching, merging, analyzing and cleansing data, Supports multiple domain MDM in Oracle applications, Integrates MDM capabilities with data governance and reference data management capabilities, No support for vertical-specific data models, Blends and relates master data, reference data, transaction data, interaction data and social data into a single unified view, Data as a Service capabilities for access to third party data sets, Allows for collaborative data stewardship, rating and segmentation, Features native data visualization, analytics and search functionality, Delivers robust compliance capabilities, including field-level audit history, Relatively new player in the MDM space with a still-evolving platform, Generally requires extensive customization that must be performed by a partner, Minimal implementation support and documentation, Data cleansing, including profiling, standardization, matching and enrichment, Built-in data governance based on pre-configured data models, Cloud platform built on SAP HANA, an in-memory data platform that supports data cleansing activities and analytics, Features flexible workflows, including numerous pre-built ones, Offers pre-configured and extensible data models, Supports multi-mode data replication efforts, Less developed hierarchy management capabilities compared to other MDM solutions, Relatively immature cloud integration support, Relatively limited analytics support for social CRM data, Match and merge capabilities to maintain a single source of truth, Offers integrated modeling without any additional code, Delivers strong scalability with options for AWS cloud or on-premise setup, Supports an iterative implementation approach that allows organizations to start small and grow and evolve MDM capabilities over time, Includes metrics, dashboards, versioning and lineage as standard features of the xDM platform, Collaborative data governance is not part of the core xDM solution, Data governance framework that supports internal and external workflows, Role-based security and ability to manage authorizations down to the cell level, Offers native integrations to all the solutions in Software AGs Digital Business Platform, including one for business process management, Supports several data architectures and use cases, Delivers intelligent MDM for geographic data, Its process-based approach to MDM is a relatively new introduction to the solution, History of issues in new product releases, Data stewardship through role-based interfaces, Supports multi-domain, multi-entity and domain-neutral MDM, Offers active data governance with strong data lineage and data remediation as well as a comprehensive business glossary, Builds a strong foundation for MDM by starting with data quality and then layering on data governance, Delivers a highly scalable solution with reliable support for large datasets, Unclear if a solution is being actively developed, Over 160 software and platform integrations, Data cleansing, arranging, tracking and synchronization, Customer interaction, product, supplier, account and business data support, Supports multi-domain and multi-entity MDM, Includes reference data management and enterprise data warehouse capabilities, Relatively limited active data governance capabilities compared to other MDM solutions, Customers have reported performance decreases as data volume scales, Integrated data quality capabilities for profiling, cleansing, validating and matching data, UI designed for business users to view data, Offers master data management, master data governance and reference data management in a single solution, Delivers robust hierarchy management capabilities, Features strong visualization and workflow capabilities, Supports multi-domain MDM and data governance, Complex configuration process for users who want to go beyond out-of-the-box capabilities, Offers customers a limited view into product roadmap, Offers an easy to use and low maintenance platform that requires minimal resources, Offers hierarchy management and workflow management, Follows a guaranteed time and cost model for implementation that often leads to a speedy time to market, Does not have a tool for data governance, just consulting services, Innovative Systems has over 45 years of data management experience, but the Synchronos solution itself is relatively new to the MDM market, Reference data management capabilities are integrated into the larger MDM platform, which can be limiting as opposed to having a separate tool, Metadata insights to create a single view of customers, Data hub module for developing data models, Data federation to democratize access to information without combining data sources, Enterprise data integration module that supports batch and real-time integrations with multiple data sources, Data stewardship for address verification and geocoding, Features an easy-to-use UI for graphical data modeling, especially for complex and connected data, Offers data integration, data quality, data governance and analytics capabilities all in one solution, Delivers semantic modeling and robust support for multi-entity and multi-domain MDM, Delivers a single platform SaaS solution that covers MDM, intelligence and customer engagement, The entire MDM solution is relatively new to the market, Data governance capabilities are less fully developed than in many other MDM solutions, Limited product information management and reference data management capabilities, Data components and connectors, including file management, data orchestration and integrations, Design and productivity capabilities, including data schemas and interactive data viewers, Offers MDM capabilities for a variety of users and roles, Has a relatively lower cost compared to many other MDM solutions, Boasts a strong customer base, especially from a big data perspective, UI is not intuitive and doesnt support customization, Data Governance to define and enforce rules and policies, and establish processes, procedures and accountability, Define cleansing, de-duplication and rule-based classification, normalization and matching and linking, Offers advanced capabilities around managing and integrating product-specific data, Includes a strong customer support engine, Supports a wide variety of integration opportunities, including those that extend beyond the data world, Limited scalability beyond product management for commerce, Niche solution specifically for the retail, manufacturing and distribution industries, Data classification that works with any schema and learns over time, Intelligent AutoCrawl to structure unstructured data and simplify data aggregation, Includes AI and automation to cut down on errors, Offers separate solutions for initial data cleaning and ongoing data management, Less powerful UI compared to other solutions, Maintenance, repair and operations (MRO) and asset management use case, Multidomain manufacturing use case with vendor/supplier, buy-side materials and B2B customer domains, Customer and data governance and protection, Enforces data quality through business rules and standardization, Vertical-specific master data use cases, including product, customer, vendor, spare, materials and supply chain master data, Delivers robust process orchestration and product information management capabilities, Includes built-in capabilities for data governance and data quality, Less developed operational capabilities for customer master data compared to other MDM solutions, Requires a complex and costly implementation, Data cleansing, standardization and enrichment, Offers flexible and customizable reporting, Limited partner relationships, especially with major system integrators, Requires four different solutions to get the complete platform capabilities, Management for product, customer, asset, supplier, employee, reference and location data, Offers robust and scalable product information management, Less developed reference data management capabilities compared to other MDM solutions, Complicated approval process for business rules and workflows, Suite of solutions focused on product data management, Ability to manage non-structured data like image, graphic, and document formats as well as audio and video files, Web-based, API-driven solution built for fast implementation, Data acquisition, cleansing, normalization, validation, enrichment and distribution, Data administration and business activity monitoring, Pre-configured integrations with third-party vendors, Meets strict compliance standards for financial organizations, Approved to serve as the central client data repository to support Know Your Client (KYC), Anti-Money Laundering (AML)and client onboarding workflows and the central counterparty data repository to support Standing Settlement Instructions (SSIs), Anti-Money Laundering (AML), multiple industry classification schemes (SIC, GICS) as well as internal and external credit ratings, Supports hierarchy and relationship management, Niche solution for the financial industry, Data quality and governance controls, with over 1,000 pre-configured checks, Offers a targeted solution designed to support specific use cases for Alternative Asset Managers, Includes pre-configured adaptors and data quality checks to speed time to market, Niche solution only useful for a very target audience, Offers industry expertise for financial data, Meets high regulatory requirements for the financial industry, Integrates with a variety of front, middle and back-office solutions as well as other data platforms, Has a well-established presence in the financial industry, Requires integrations with other platforms for the full breadth of MDM capabilities, Solution can get complicated due to the variety of add-ons available, many of which (like data quality, enrichment and reporting) are core to many other MDM solutions, Minimal partner relationships, especially with major system integrators, Identity resolution backed by US demographic data and automatic data matching, Data enrichment powered by a pre-indexed, third party reference database, Meets strict compliance regulations for healthcare, financial services, and public sector organizations, Offers a cloud-based platform that helps speed time to market, Delivers the ability to match data even if two records have out-of-date, incorrect, incomplete or inconsistent data, Boasts a relatively low total cost of ownership, Identity resolution works for US data only, Niche solution for the healthcare, retail, financial services and public sectors, Product information management that extends across multiple channels, Customer data integrations to sync customer data across various systems along the entire supply chain, Collaborative workflows and data governance, Data quality capabilities, including data profiling, cleansing, standardization and enrichment, Data integration for structured and unstructured data, Supports multi-domain MDM, including out-of-the-box support for key retail data points like product and supplier information, Includes collaborative authoring and orchestration that allow for active data governance, Handles probabilistic and deterministic data matching.