Back in 2011 Gartner, the analyst firm, predicted that these three things would shape the Master Data Management (MDM) market:
- Multi-Domain MDM
- MDM in the Cloud
- MDM and Social Networks
The third point was in 2012, after the raise of big data, rephrased to MDM and Big Data as reported in the post called The Big MDM Trend.
In my experience all these three themes are still valid with slowly but steadily uptake.
But, have any new trends showed up in the past years?
In a 2015 post called “Master Data Management Merger Tardis and The Future of MDM” Ramon Chen of Reltio puts forward some new possibilities to be discussed, among those Machine Learning & Cognitive computing. I agree with Ramon on this theme, though these have been topics around in general for decades without really breaking through. But we need more of this in MDM for sure.
My own favourite MDM trend is a shift from focussing on internally captured master data to collaboration with external business partners as explained in the post MDM 3.0 Musings.
In that quest, I am looking forward to my next speaking session, which will be in Helsinki, Finland on the 8th December. There is an interview on that with yours truly available on the Talentum Master Data Management 2015 site.