Some of the hard facts presented in the Gartner Magic Quadrant for Master Data Management (MDM) Solutions is how the vendor licenses are distributed between the various master data domains. You can find these figures from the previous quadrant in the post Counting MDM Licenses.
The latest Gartner Magic Quadrant for Master Data Management (MDM) Solutions was published last month.
There was not much movement in the vendors positioning compared to last year. Only, as told in the post The Latest MDM Magic Quadrant, Informatica went further top-right with their suite of 360 solutions and Semarchy went up and above SAP MDG as the top challenger.
Semarchy was also among the ones with the highest revenue growth, so their Intelligent Data Hub approach seems to work pretty well both technically and commercially.
Some years ago Gartner dropped mentioning other MDM vendors than the ones meeting the quadrant criteria. This year a small section of those has returned as Honorable Mentions. These are Magnitude Software, who recently has returned to branding their MDM offering as Kalido, Software AG, PiLog. Unidata, Boomi – the integration-oriented solution from Dell, and the data quality specialist Syncsort – who has acquired Pitney Bowes’ software and data business.
The market overview section was smaller and less informative this year. In here Gartner confirms that digitalization remains the most significant driver for growth in the MDM market and that privacy regulations also continue to drive exploration of MDM initiatives.
You can, against a minimal of personal info, download the report from Semarchy here.
I had the pleasure of working with the folks at Dynamicweb PIM, one of the new innovative Product Information Management (PIM) solutions, on a white paper that examines the PIM market here on the doorstep to the 20s.
A key observation is that unlike the Master Data Management (MDM) market, smaller vendors in total have a significant share of what can be seen as the PIM market. Even the largest MDM / PIM vendors do not have a significant share of the PIM market as PIM solutions are used in many midsize companies, where the larger solutions do not have a relevant cost / benefit ratio.
There is no sign of massive consolidation on the PIM market. The largest vendors do not make many acquisitions that increase their market share, nor do they seem to grow organically more than the PIM market in total. Consequently, the PIM market is in no way dominated by a few large vendors as we see it on the CRM market, where Salesforce.com and Microsoft CRM have a predominant market share stretching into the midsize sector.
Therefore, organizations on the look for a PIM solution have a widening range of options to choose from where factors as the organization size, geographic reach, industry affiliation and current IT landscape are determining what is the objectively best choice of PIM solution.
KDR Recruitment is a data management recruitment company and one of those rare recruitment agencies that genuinely express an interest in the disciplines covered.
This is manifested in among other things a yearly survey and report about the state of data that also was touched on this blog five years ago in the post Integration Matters.
This year the surveyed topics include for example how to use data analysis, new skills needed and the most effective ways to improve data quality. You can participate with your experience and observations here at State of Data 2020.
While the change in positions is limited the change in market share is more significant, if we look at the license and maintenance revenue estimates provided by Gartner. The numbers included in the new quadrant published in January 2020 are 2018 estimates. The figure here compares those numbers to the 2017 numbers included in the previous quadrant published in December 2018.
The trend is that the largest providers are not growing as fast as some of the midsize providers, where Reltio, Ataccama and Semarchy are going in the fast lane.
If any of the solution providers have some 2019 updates, please comment here.
A Data Management Mind Map: A post with not so much text but instead an image reflecting how some of most addressed data management disciplines can be mind-mapped.
Forrester vs Gartner on MDM/PIM: A post about how the two most acknowledged analyst firms rate the vendors on the Master Data Management (MDM) / Product Information Management (PIM) market. Early next year we can expect a new MDM Magic Quadrant from Gartner, so let us see how things look then.
Looking forward to what the next year – and decade – brings in the data quality, MDM and PIM space and to write some posts about it.
The Master Data Management (MDM) discipline is emerging. A certain trend is that MDM solutions will grow beyond handling traditional master data entities and encompass other kinds of data and more capabilities that can be used for other kinds of data as well.
Measuring data quality in conjunction with general key performance indicators in dashboards that besides master data also embraces other internal and external sources as for example aggregated data from data warehouses and data lakes.
The are not so many reliable market reports dealing with the Product Information Management (PIM) market. So, it is interesting that a new one from an acknowledged source has arrived.
IDC has published their first PIM MarketSpace report. As stated in the report: “Historically, PIM has been closely associated with master data management (MDM) software, which provides a central source of truth for product data. However, MDM applications, as they were originally conceived, have some shortcomings when it comes to supporting today’s digital commerce requirements.”
When ranking the vendors, IDC reached this result:
You can, against your personal data, get a partial report from Akeneo and Salsify.