If we make an MDM application as a point of master data (i.e., supplier, customer, product, location, asset, etc.), how do these top 5 MDM applications support an intuitive/user-friendly perspective for a business data steward?
Do these 5 applications provide any out-of-the-box functionalities like Supplier Life Cycle Management, Customer Life Cycle Management, Survey functions, Onboarding processes, etc.? Alternatively, do all these applications provide only a data model where IT teams have to implement their organization's MDM business processes?
Vice President, SAP & Business Development at Mckinsol Consulting inc
User
Apr 30, 2022
If you are looking for a cloud-based architecture MDM tool that can do out-of-box supplier life cycle management, customers, materials (products), BOM, Routing, etc. --- (or limited domains), you may contact NeuVays (our affiliate company) for their tool iDMX, which has been recently deployed at two major fashion houses (in the NY/NJ area).
In addition, it has lean MDG processes to integrate with SAP/SAP MDG.
Search for a product comparison in Master Data Management (MDM) Software
Enterprise MDM Architect / Solution Arch at Volvo Group
Real User
Jun 3, 2022
@reviewer1301331 Well, that is not fully true. I implemented Informatica MDM in multiple data domains both on prem and hosted in the cloud. Informatica has a lot of capabilities enabled out of the box. Moreover, in terms of prebuilt solutions they do have Customer 360, Product 360 and a few others that have predefined data model, lifecycle, UI, roles, workflows, etc.
It is though true that there's always a need to tweak various aspects of the application to the exact requirements. I have been implementing MDM tools for nearly 15 years and I don't recall any single installation, regardless of the software vendor, that wouldn't be configured as a part of the project.
An MDM software should address all issues you pointed out.
My experience is with Stibo Systems, which offers a Multidomain Master Data Management platform.
The Multidomain MDM solution is a single platform that connects and integrates any number of master data domains based on customer business needs. The most common data domains are:
- products
- customers
-locations
- suppliers
But several others can be included as well.
As a centralized, enterprise-wide system that collects and consolidates data assets across business systems such as ERP, CRM, and external sources. Multidomain MDM provides rich and high-quality data that can be shared across all channels inside and outside the enterprise to deliver relationship integrity.
It is not for IT users only; the purpose of the solution is to provide business benefits for business users through a user-friendly web interface, for them to manage their master data.
Cloud Master Data Management (MDM) optimizes data consistency and accuracy across cloud-based applications, ensuring unified data governance and quality control. This solution aids businesses in maintaining a single source of truth for their data assets.Cloud MDM solutions are tailored to manage data across distributed environments, offering flexibility and scalability. They integrate seamlessly with a variety of cloud platforms, reducing the complexity associated with traditional MDM...
If you are looking for a cloud-based architecture MDM tool that can do out-of-box supplier life cycle management, customers, materials (products), BOM, Routing, etc. --- (or limited domains), you may contact NeuVays (our affiliate company) for their tool iDMX, which has been recently deployed at two major fashion houses (in the NY/NJ area).
In addition, it has lean MDG processes to integrate with SAP/SAP MDG.
@Cezar Santos,
How about Gartner#1 Informatica MDM? Does Informatica 360 cloud MDM application provide these capabilities?
@reviewer1301331 Well, that is not fully true. I implemented Informatica MDM in multiple data domains both on prem and hosted in the cloud. Informatica has a lot of capabilities enabled out of the box. Moreover, in terms of prebuilt solutions they do have Customer 360, Product 360 and a few others that have predefined data model, lifecycle, UI, roles, workflows, etc.
It is though true that there's always a need to tweak various aspects of the application to the exact requirements. I have been implementing MDM tools for nearly 15 years and I don't recall any single installation, regardless of the software vendor, that wouldn't be configured as a part of the project.
Hello @reviewer1301331,
An MDM software should address all issues you pointed out.
My experience is with Stibo Systems, which offers a Multidomain Master Data Management platform.
The Multidomain MDM solution is a single platform that connects and integrates any number of master data domains based on customer business needs. The most common data domains are:
- products
- customers
-locations
- suppliers
But several others can be included as well.
As a centralized, enterprise-wide system that collects and consolidates data assets across business systems such as ERP, CRM, and external sources. Multidomain MDM provides rich and high-quality data that can be shared across all channels inside and outside the enterprise to deliver relationship integrity.
It is not for IT users only; the purpose of the solution is to provide business benefits for business users through a user-friendly web interface, for them to manage their master data.
Hi @Satyam Saxena, @Puneet, @InitZero, @Suman Jupudi and @Brian Dandeneau,
Can you please assist your peer with this question?