MDM: The Technology Trends

There are certainly many things going on in the Master Data Management (MDM) realm when it comes to technologies applied.

The move from on premise based solutions to cloud based solutions has been visible for some years. It is not a rush yet, but we see more and more master data services being offered as cloud services as well as many vendors of full stack MDM platforms offers both on premise, cloud and even hybrid solutions.

As reported in the post Emerging Database Technologies for Master Data new underlying database technologies are put in place instead of the relational database solutions that until now have ruled the MDM world. As mentioned graph databases as Neo4J and document databases as MongoDB (which now also support graph) are examples of new popular choices.

blockchainAs examined by Gartner (the analyst Firm) there are Two Ways of Exploiting Big Data with MDM, either doing it directly or by linking. Anyway, the ties between big data and master data management is in my eyes going to be a main focus for the technology trends in the years to come. Other important ties includes the raise of Industry 4.0 / Internet of Things and blockchain approaches.

We are still waiting for The Gartner Magic Quadrant for Master Data Management Solutions 2016 and the related Critical Capabilities document, so it will be very exciting, in fact more exciting that the vendor positioning, to learn about how Gartner sees the technology trends affecting the MDM landscape.

What are your expectations about Master Data Management and new emerging technologies?

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