Master Data Management (MDM) is a technique which brings enterprise critical data from various sources under one roof, providing a single point of access to companies. As a solution to adversities like inaccuracy, data redundancy, cyber threats and data theft, and management complexities, MDM has been instrumental in ensuring and accelerating comprehensive data management. Proving its potential master data management provides companies with many groundbreaking operational advantages which help in maintaining data consistency, minimizing or eliminating risks factors, centralizing data access, and providing sophisticated cybersecurity benefits.
Becoming smarter and more intelligent master data management systems have been evolving continuously. The latest MDM update includes coherent functioning of machine learning technology, which forms a hybrid bond with the MDM software infrastructure. Supporting excellent production speed, MDM suits the best to companies that manufacture products of the type—produce-to-promote. Operating with scalable cross-data applications MDM solutions facilitate precise monitoring of the transactional data, which is the primary entity to drive sales and generate profit for the companies. MDM has transformed industrial level big data management suite by showering remarkable result-driven features and implementations.
To help these organizations choose the best MDM solution provider, a panel of prominent CEOs, CIOs, VCs, analysts, along with the CIOApplications editorial board has assessed scores of several MDM solution providers and picked out a list of prime choices. Here, we present to you CIOApplications’ “Top 25 MDM Solution Providers—2018”.