Gartner, the analyst firm, recently released their magic quadrant for Master Data Management (MDM) of customer data solutions 2014 as reported in the post Customer MDM Magic Wordles.
Now the quadrant for Master Data Management of product data solutions 2014 is out too, so we can overlay the two quadrants and see how multi-domain Master Data Management (MDM) solutions are doing in terms of who are performing well with product master data and who are performing well with customer master data.
If we focus on leading vendors with differences in quadrant positioning, Informatica is better positioned with customer master data (leader) than with product master data (visionary and niche with two different products). Stibo Systems and Riversand are positioned very well within product master data (leaders) but not positioned at all with customer master data, though both vendors are naming themselves as multi-domain MDM solution providers and surely have such capabilities. I personally worked on the multi-domain roadmap with one of them some years ago.
As every year the vendors makes press releases about the quadrant.
Upen Varanasi, CEO of Riversand, has commented in this way: “In this new Digital world, accurate product and other master information is a foundation for our customers’ major business initiatives, which requires a comprehensive, highly scalable and flexible MDM solution with full multi-domain capabilities.” See the full press release from Riversand here.
Mikael Lyngsø, CEO of Stibo Systems says: “Every member of the Stibo Systems’ team remains committed to providing our customers and partners with cutting edge solutions that not only meet their most pressing business issues but also create the most lasting and demonstrable value.” The about the company section has this bold statement: “Stibo Systems is the global leader in multidomain Master Data Management (MDM) solutions.” Read the full press release here.
Rob Karel, vice president, Product Strategy and Product Marketing, MDM, Informatica says: “We continue to deliver a multidomain MDM solution that, in combination with Informatica PIM, delivers end-to-end customer, product and supplier information governance and stewardship. Delivering complete, reliable and consistent product information – across every channel – is the key to a great customer experience.” Informatica also kindly provides a free copy of the report. Get the Magic Quadrant for Master Data Management of Product Data Solutions 2014 here.