If we make an MDM application as a point of master data (i.e., supplier, customer, product, location, asset, etc.), how do these top 5 MDM applications support an intuitive/user-friendly perspective for a business data steward?
Do these 5 applications provide any out-of-the-box functionalities like Supplier Life Cycle Management, Customer Life Cycle Management, Survey functions, Onboarding processes, etc.? Alternatively, do all these applications provide only a data model where IT teams have to implement their organization's MDM business processes?
Vice President, SAP & Business Development at Mckinsol Consulting inc
User
2022-04-30T18:46:20Z
Apr 30, 2022
If you are looking for a cloud-based architecture MDM tool that can do out-of-box supplier life cycle management, customers, materials (products), BOM, Routing, etc. --- (or limited domains), you may contact NeuVays (our affiliate company) for their tool iDMX, which has been recently deployed at two major fashion houses (in the NY/NJ area).
In addition, it has lean MDG processes to integrate with SAP/SAP MDG.
Search for a product comparison in Master Data Management (MDM) Software
@reviewer1301331 Well, that is not fully true. I implemented Informatica MDM in multiple data domains both on prem and hosted in the cloud. Informatica has a lot of capabilities enabled out of the box. Moreover, in terms of prebuilt solutions they do have Customer 360, Product 360 and a few others that have predefined data model, lifecycle, UI, roles, workflows, etc.
It is though true that there's always a need to tweak various aspects of the application to the exact requirements. I have been implementing MDM tools for nearly 15 years and I don't recall any single installation, regardless of the software vendor, that wouldn't be configured as a part of the project.
An MDM software should address all issues you pointed out.
My experience is with Stibo Systems, which offers a Multidomain Master Data Management platform.
The Multidomain MDM solution is a single platform that connects and integrates any number of master data domains based on customer business needs. The most common data domains are:
- products
- customers
-locations
- suppliers
But several others can be included as well.
As a centralized, enterprise-wide system that collects and consolidates data assets across business systems such as ERP, CRM, and external sources. Multidomain MDM provides rich and high-quality data that can be shared across all channels inside and outside the enterprise to deliver relationship integrity.
It is not for IT users only; the purpose of the solution is to provide business benefits for business users through a user-friendly web interface, for them to manage their master data.
What is master data management in the cloud? Cloud master data management (MDM) is the management of data in the cloud. It is used to transmit files securely and to ensure that an organization is always working with the most up-to-date and most accurate versions of data to make efficient and informed business decisions.
If you are looking for a cloud-based architecture MDM tool that can do out-of-box supplier life cycle management, customers, materials (products), BOM, Routing, etc. --- (or limited domains), you may contact NeuVays (our affiliate company) for their tool iDMX, which has been recently deployed at two major fashion houses (in the NY/NJ area).
In addition, it has lean MDG processes to integrate with SAP/SAP MDG.
@Cezar Santos,
How about Gartner#1 Informatica MDM? Does Informatica 360 cloud MDM application provide these capabilities?
@reviewer1301331 Well, that is not fully true. I implemented Informatica MDM in multiple data domains both on prem and hosted in the cloud. Informatica has a lot of capabilities enabled out of the box. Moreover, in terms of prebuilt solutions they do have Customer 360, Product 360 and a few others that have predefined data model, lifecycle, UI, roles, workflows, etc.
It is though true that there's always a need to tweak various aspects of the application to the exact requirements. I have been implementing MDM tools for nearly 15 years and I don't recall any single installation, regardless of the software vendor, that wouldn't be configured as a part of the project.
Hello @reviewer1301331,
An MDM software should address all issues you pointed out.
My experience is with Stibo Systems, which offers a Multidomain Master Data Management platform.
The Multidomain MDM solution is a single platform that connects and integrates any number of master data domains based on customer business needs. The most common data domains are:
- products
- customers
-locations
- suppliers
But several others can be included as well.
As a centralized, enterprise-wide system that collects and consolidates data assets across business systems such as ERP, CRM, and external sources. Multidomain MDM provides rich and high-quality data that can be shared across all channels inside and outside the enterprise to deliver relationship integrity.
It is not for IT users only; the purpose of the solution is to provide business benefits for business users through a user-friendly web interface, for them to manage their master data.
Hi @Satyam Saxena, @Puneet, @InitZero, @Suman Jupudi and @Brian Dandeneau,
Can you please assist your peer with this question?