Welcome AllSight on the Disruptive MDM List

I am thrilled to welcome AllSight as the next disruptive MDM solution on The Disruptive Master Data Management Solutions list.

AllSight2I resonate very well with the AllSight Advantage that is: “The hardest part about understanding the customer is representing them within archaic systems designed to manage ‘customer records’.  AllSight manages all customer data in its original format.  It creates a realistic and accurate likeness of who your customer actually is.  Really knowing your customer is the first step to being intelligent about your customers.”

A true disruptive approach in my eyes.

Check out the full Disruptive Master Data Management Solutions list here.

Can You Keep Track of MDM and PIM Vendors?

If you have the job to shortlist a range of MDM and/or PIM vendors to help you getting a grip on product master data (MDM) and detailed product features (PIM), or have the job to assist a client in doing so, you may have a hard time.

As mentioned in the post Disruptive Forces in MDM Land now Gartner (the analyst firm) only mentions the 11 most expensive MDM vendors. This leaves very little room for taking into account the differences in product specific offerings, geographic presence, industry focus and other parameters.

As a consequence, PIM and Product MDM Consultant Nadim Georges WARDÉ, who runs his business from Geneva in Switzerland, is keeping track of the vendors in his own comprehensive list and have kindly provided the list to be shared here on the blog:

Nadim Warde List

You can access the full spreadsheet here.

The list also has a small section on professional service vendors, vendors that have achieved substantial funding and finally a list of vendors supporting product serialization exchange within the pharma industry – a topic covered on this blog in the post Spectre vs James Bond and the Unique Product Identifier.

 

Welcome Riversand on The Disruptive MDM List

I am delighted to welcome Riversand as the next disruptive MDM / PIM / DAM solution on The Disruptive Master Data Management Solutions list.

As a European MDM and PIM (Product Information Management) practitioner I have followed Riversand’s growing presence on the European scene both through being on the customer side in solution selection activities, on conferences and on the social media community and I have watched that MDM / PIM peers as Mark Thorpe and Ben Rund have joined the company.

Riversand is in a very exciting development with a recent funding that is used to accelerate Riversand’s global expansion and for further investment in its disruptive MDM platform. See how Riversand presents themselves on The Disruptive MDM List here.

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Building a MDM Solution Using Best-in-Class Modules

Sometimes keeping it simple is the shortcut to getting it all wrong. While I am a believer in mastering all master data domains under the same vision and strategy, there are still best-in-class options when it comes to orchestrating processes and applying technology in the right chunks.

Customer Data Integration (CDI)

A recent post on this blog was called What Happened to CDI? This post examines the two overlapping disciplines Master Data Management (MDM) and Customer Data Integration (CDI). In a comment Jeff Jones argues that MDM vendors have forgotten about proper CDI workflows. Jeff says: “It seems the industry wants to go from Source to Match/Merge, instead of Source to Match/Identify and finally to Merge.” Please find and jump into the discussion here.

Also, this question was touched some years ago in the post The Place for Data Matching in and around MDM.

Product Information Management (PIM)

The product domain within Multi-Domain MDM also holds some risks of forgetting the proper ways of handling product information. In this domain we must also avoid being blinded by the promise of a single source of master data with surrounding processes and applied technology.

There are many end-to-ends to cover properly as exemplified in the post A Different End-to-End Solution for Product Information Management (PIM).

 

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Welcome Semarchy xDM on The Disruptive MDM List

I am happy to welcome Semarchy xDM as the first disruptive Master Data Management Solution on the disruptive MDM list. You can learn more about, and review, Semarchy xDM here.

xDM Capabilities (002)

Semarchy has been a part of developing Product Data Lake, as the first prototype of this service was made using the Semarchy platform. I owe Salah Kamel, the Semarchy CEO, big thanks for his support in doing that.

By making that prototype, I can confirm that Semarchy caters for a fast track, when it comes to setting up a Master Data Management solution.

The Disruptive MDM List

As reported in the previous post on this blog, Gartner (the analyst firm) has stopped having a list of smaller and potential disruptive MDM solutions in their Magic Quadrant for Master Data Management Solutions.

I think it is time to have an alternative list of MDM solutions with room for the disruptive ones.

Therefore, I have created a new site for a list of MDM and similar solutions. This site is meant to be a list of available:

  • Master Data Management (MDM) solutions
  • Customer Data Integration (CDI) solutions
  • Product Information Management (PIM) solutions
  • Digital Asset Management (DAM) solutions

You can use this site as an alternative to the likes of Gartner, Forrester, MDM Institute and others when selecting a MDM / CDI / PIM / DAM solution, not at least because this site will also include smaller and disruptive solutions.

Vendors can register their solutions here and the crowd, being processional users, can review the solutions.

I will welcome vendors of all sizes, at all stages and from all geographies to register your solution at the disruptive MDM list.

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Please have a look at the current stage of The Disruptive MDM List

Disruptive Forces in MDM Land

MDM 2017 disruptionFor the second time this year there is a Gartner Magic Quadrant for Master Data Management Solutions out. The two leaders, Orchestra Networks and Informatica, have released their free copies here and here.

Now Gartner have stopped having a list of vendors on the market too small to be in the actual quadrant. So, if you are looking for new thinking, you will have to read the section about disruptive forces in the MDM market.

Gartner says that every market experiences disruptive forces that influence its overall shape and trajectory over time, and that inspire innovation, both transformational and incremental. According to Gartner, those most prominent in the MDM market appear diametrically opposed.

The current market is dominated by vendors who have predominantly taken a platform-centric approach involving robust technology stacks categorized as application-neutral hub-based solutions. Thus, the business value of the resulting master data is realized through utilization of that data within business applications or suites, or analytics platforms, external to the MDM solution — such as CRM, ERP and e-commerce systems, and data warehouses.

One disruptive force against that is an increase in business applications or suites with embedded ADM (Application Data Management) capabilities that address organizational needs for data management, including MDM (to varying degrees), while also managing nonmaster data for the pertinent application. Gartner states that application-centric approaches for some organizations can return greater value than platform-centric approaches in the short term and do so at reduced cost.

The opposing disruptive force stems from the emergence of more generalized data management solutions. These provide for unified execution logic on top of what is effectively an integrated technology stack. Vendors envision the primary consumption model to be cloud-based subscription. As such, these solutions will also provide a means for midmarket organizations and SMBs to procure advanced data management capabilities (such as MDM) using this model of consumption. Executed crisply, cloud-based subscriptions to these solutions may even moderate the rise of cloud-based MDM offerings.

Regular readers of this blog may guess, that I see a coming third disruptive force in MDM land, being specialized data management services for business ecosystems as explored in the post Ecosystems are The Future of Digital and MDM.