Data Quality Tools

Opportunities on The Data Quality Tool Market

Henrik Gabs LiliendahlLeave a comment

The latest Information Difference Data Quality Landscape is out. This is a generic ranking of major data quality tools on the market.

You can see the previous data quality landscape in the post Congrats to Datactics for Having the Happiest DQM Customers.

There are not any significant changes in the relative positioning of the vendors. Only thing is that Syncsort has been renamed to Precisely.

As stated in the report, much of the data quality industry is focused on name and address validation. However, there are many opportunities for data quality vendors to spread their wings and better tackle problems in other data domains, such as product, asset and inventory data.

One explanation of why this is not happening is probably the interwoven structure of the joint Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM) markets and disciplines. For example, a predominant data quality issue as completeness of product information is addressed in PIM solutions and even better in Product Data Syndication (PDS) solutions.

Here, there are some opportunities for pure play vendors within each speciality to work together as well as for the larger vendors for offering both a true integrated overall solution as well as contextual solutions for each issue with a reasonable cost/benefit ratio.

Get Your Free Bespoke MDM / PIM / DQM Solution List

Henrik Gabs LiliendahlLeave a comment

Many analyst market reports in the Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM) space have a generic ranking of the vendors.

The trouble with generic ranking is that one size does not fit all.

On the sister site to this blog, The Disruptive MDM / PIM / DQM List, there is no generic ranking. Instead there is a service where you can provide your organization’s context, scope and requirements and within 2 to 48 hours get Your Solution List.

The selection model includes these elements:

  • Your context in terms of geographical reach and industry sector.
  • Your scope in terms of data domains to be covered and organizational scale stretching from specific business units over enterprise-wide to business ecosystem wide (interenterprise).
  • Your specific requirements covering the main capabilities that differentiate the vendors on market.
  • Vendor capabilities.
  • A model that combines those facts into a rectangle where you can choose to:
    • Go ahead with a Proof of Concept with the best fit vendor
    • Make an RFP with the best fit vendors in a shortlist
    • Examine a longlist of best fit vendors and other alternatives like combining more than one solution.
The vendors included are both the major players on the market as well as emerging solutions with innovative offerings.

You can get your free solution list here.

Analyst MDM / PIM / DQM Solution Reports Update March 2021

Henrik Gabs LiliendahlLeave a comment

Analyst firms occasionally publish market reports with a generic solution overview for Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM).

Here is an overview of the latest major reports:

MDM PIM DQM solutions analyst firms

3 ways to learn more:

  • You can check out many of the included solutions on The Disruptive MDM / PIM / DQM List.
  • You can get a free ranking that also include the rising stars on the solution market and is based on your context, scope and requirements here.
  • You can book a free short online meeting with me for further discussion on your business case as part of my engagement at the consultancy firm Astrocytia here.

Select Your MDM / PIM / DQM Solution Yearly Report

Henrik Gabs LiliendahlLeave a comment

I am running a service where organizations on the look for a Master Data Management (MDM), Product Information Management (PIM) and/or Data Quality Management (DQM) solution can get a list of the best fit solutions for their context, scope and requirements. The service is explained in more details in the post Get Your Free Bespoke MDM / PIM / DQM Solution Ranking.

Requests

2020 was a busy year for this service. There were 176 requests for a list. About half of them came, as far as I can tell, from end user organizations and the other half came from consultancies who are helping end user organizations with finding the right tool vendor. Requests came from all continents (except Antarctica) with North America and Europe as the big chunks. There were requests from most industries thus representing a huge span in context.

Also, there where requests from a variety in organization sizes which has given insights beyond what the prominent analyst firms obtain.

It has been a pleasure also to receive feedback from requesters which has helped calibrating the selection model and verifying the insights derived from the context, scope and requirements given.

Results

The variety in context, scope and requirements resulted in having 8 different vendor logos in top-right position and 25 different logos in all included in the 7 to 9 sized best fit extended longlists in the dispatched Your Solution Lists during 2020.

Call-To-Action

If you are on the look for a solution, you can use the service here.

If you are a vendor in the MDM / PIM / DQM space, you can register your solution here.

For more information, reach out to me here:

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MDM / PIM / DQM Case Studies

Henrik Gabs LiliendahlLeave a comment

The Disruptive List of MDM / PIM / DQM Solutions is growing both in terms of the solutions presented and the content provided on the list.

The latest piece of content is the Case Study List.

This is a list of case studies from innovative solution providers. The aim is to give inspiration for organizations having the quest to implement or upgrade their Master Data Management (MDM), Product Information Management (PIM) and/or Data Quality Management (DQM) capability.

The list is divided into industries, so you can have an overview of case studies from organizations comparable to your organization.

Check out the list here.

Analyst MDM / PIM / DQM Solution Reports Update August 2020

Henrik Gabs LiliendahlLeave a comment

Analyst firms occasionally publish market reports with a generic solution overview for Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM).

Here is an overview of the latest major reports:

Analyst MDM PIM DQM reports

3 ways to learn more: 

  • You can check out many of the included solutions on The Disruptive MDM / PIM / DQM List.
  • You can get a free ranking that also include the rising stars on the solution market and is based on your context, scope and requirements here.
  • You can book a free short online meeting with me for further discussion on your business case as part of my engagement at the consultancy firm Astrocytia here.

From Where Will the Data Quality Machine-Learning Disruption Come?

Henrik Gabs Liliendahl1 Comment

The 2020 Gartner Magic Quadrant for Data Quality Solutions is out.

In here Gartner assumes that: “By 2022, 60% of organizations will leverage machine-learning-enabled data quality technology for suggestions to reduce manual tasks for data quality improvement”.

The data quality tool vendor rankings according to Gartner looks pretty much as last year. Precisely is the brand that last year was in there as Syncsort and Pitney Bowes.

Gartner DQ MQ 2020

Bigger picture here.

You can get a free reprint of the report from Talend or Informatica.

The question is if we are going to see the machine-learning based solutions coming from the crowd of vendors in a bit stalled quadrant or the disruption will come from new solution providers. You can find some of the upcoming machine-learning / Artificial Intelligence (AI) based vendors on The Disruptive MDM / PIM DQM List.

Congrats to Datactics for Having the Happiest DQM Customers

Henrik Gabs LiliendahlLeave a comment

The latest Information Difference Data Quality Landscape is out. The Data Quality Management (DQM) market is, based on the changes seen from last year, a stable market with little movement.

Information Difference DQ Landscape 2019 and 2020

Atacama and Active Prime have joined this year’s landscape and Pitney Bowes has left the market after the take over by Syncsort as reported in the post Syncsort Nabs Pitney Bowes Software Solutions.

The report also measures how happy the end customers are with the vendors: “The happiest customers based on this survey were those of Datactics, followed by those of Syncsort and Active Prime, closely followed by those of Innovative Systems and Melissa Data, then Experian. Congratulations to those vendors.”

Also, this time it strikes again that the mega vendors (IBM, SAP, Informatica) are not in this crowd.

Check out The Information Difference Data Quality Landscape Q1 2020 here.

Get Your Free Bespoke MDM / PIM / DQM Solution Ranking

Henrik Gabs LiliendahlLeave a comment

The Disruptive MDM / PIM / DQM List has an interactive service that can help you jumpstart in your tool selection for a Master Data Management (MDM), Product Information Management (PIM) and/or Data Quality Management (DQM) solution.

MDM PIM DQM Context, Scope and RequirementsThe selection model is based on the context, scope and requirements for your solution.

The context includes the geographical reach and the industry where your organization operates.

The scope includes the number of entities as for example consumers (B2C customers), companies (B2B customers, suppliers and other business partners), products and digital assets as well as the organizational reach.

The requirements are those that differentiate the MDM / PIM / DQM solutions on the market.

MDM PIM DQM Vendor capabilitiesThe solution capabilities considered in the selection process are those of who are:

  • On this Disruptive MDM / PIM / DQM Solutions List or
  • Gartner MDM Magic Quadrant or
  • Forrester MDM Wave or Forrester PIM Wave or
  • Information Difference MDM Landscape

MDM PIM DQM AI EngineThese two sets of information are compared in a continuously supervised learning algorithm – also known in marketing as machine learning and artificial intelligence (AI).

Filling in the information usually takes less than 15 minutes. You will get your solution list within 1 to 48 hours.

MDM PIM DQM Ranking OutcomeThe outcome is:

  • The best fit solution for a Proof of Concept
  • Two more solutions to be in a shortlist
  • Four more solutions to be in a longlist
  • If fit, a couple of more solutions to be considered as alternatives or supplements

During the half year this service has been online, more than 100 end user organizations or their consultants have received their solution list.

This service is free. No information is shared with anyone unless requested. Are you ready? Start with step 1 here.

MDM / PIM / DQM Resources

Henrik Gabs LiliendahlLeave a comment

Last week The Resource List went live on The Disruptive MDM / PIM / DQM List.

The rationale behind the scaling up of this site is explained in the article Preaching Beyond the Choir in the MDM / PIM / DQM Space.

These months are in general a yearly peak for conferences, written content and webinars from solution and service providers in the Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM) space. With the covid-19 crises conferences are postponed and therefore the content providers are now ramping up the online channel.

As one who would like to read, listen to and/or watch relevant content, it is hard to follow the stream of content being pushed from the individual providers every day.

The Resource List on this site is a compilation of white papers, ebooks, reports, podcasts, webinars and other content from potentially all the registered tool vendors and service providers on The Solution List and coming service list. The Resource List is divided into sections of topics. Here you can get a quick overview of the content available within the themes that matters to you right now.

The list of content and topics is growing.

Check out The Resource List here.

MDM PIM DQM resourcesPS: The next feature on the site is planned to be The Case Study List. Stay tuned.