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Top 8 Master Data Management (MDM) Software

SAP Master Data GovernanceMicrosoft MDSTIBCO EBXIBM InfoSphere MDMSemarchy xDMOracle Data Relationship ManagementRiversand MDMCenterSAP Hybris PCM
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    User-friendly and provides customized reports and personalized data.The scalability is very good.
  2. leader badge
    Enables non-technical people to directly interact with the BI system. One of the main features I have found useful is the integration with Azure active directory.
  3. Buyer's Guide
    Master Data Management (MDM) Software
    July 2022
    Find out what your peers are saying about SAP, Microsoft, TIBCO and others in Master Data Management (MDM) Software. Updated: July 2022.
    622,645 professionals have used our research since 2012.
  4. The most valuable features of TIBCO EBX are that is a complete tool and everything can be done inside, including data governance. We are able to model everything according to the needs of the company. If the company needs five people to agree to a change in data, they can do it with TIBCO EBX. They can model it with any particular rules. Additionally, there is dynamic data modeling, simple workflows using the GUI that comes from the server.
  5. The advantage is that the matching engine is very good, so that's why customers generally prefer it. From the inbuilt data model perspective, IBM MDM is good.
  6. Their documentation is excellent.
  7. The most valuable feature is the ability to use JavaScript in formulas.
  8. report
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    622,645 professionals have used our research since 2012.
  9. It's a stable solution. I have no complaints. Has a good user interface and the ability to update large sets of products quickly.
  10. Hybris is stable and has good architecture. It's easy to maintain.

Advice From The Community

Read answers to top Master Data Management (MDM) Software questions. 622,645 professionals have gotten help from our community of experts.
Rony_Sklar - PeerSpot reviewer
Rony_Sklar
PeerSpot (formerly IT Central Station)

What steps can be taken to address the challenges associated with implementing master data management?

reviewer1175463 - PeerSpot reviewer
reviewer1175463There are multiple steps to address the challenges. Key challenges include:… more »
5 Answers
Rony_Sklar - PeerSpot reviewer
Rony_Sklar
PeerSpot (formerly IT Central Station)

What are key differences between MDM and Data Governance?

What are the practical differences in which each of these solutions is applied?

Joel Embry - PeerSpot reviewer
Joel EmbryData Governance is a collection of practices and processes which help to ensure… more »
5 Answers

Master Data Management (MDM) Software Articles

Evgeny Belenky - PeerSpot reviewer
Evgeny Belenky
PeerSpot (formerly IT Central Station)
Apr 27 2022
Hi dear community members, Here we go again with a new bi-weekly Community Spotlight where we share with you recent contributions: articles, questions and discussions. Check them out below! Trending Cybersecurity Trends To Look Out For in 2022 Top 5 Network Access Control (NAC) Softw...
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Ravi Suvvari - PeerSpot reviewer
Ravi Suvvarivery good and valuable information
1 Comment
Netanya Carmi - PeerSpot reviewer
Netanya Carmi
Content Manager
PeerSpot (formerly IT Central Station)
Apr 06 2022
PeerSpot’s crowdsourced user review platform helps technology decision-makers around the world to better connect with peers and other independent experts who provide advice without vendor bias. Our users have ranked these solutions according to their valuable features, and discuss which features...
Read More »

Master Data Management (MDM) Software Topics

What is master data management?

Master data management (MDM) is the process of establishing specific dynamic rules to ensure master data is precise, accurate, and true. Master data management will look at and review every aspect of the data, from entry to maturity, and discover where any integrity issues can, have, or will occur. MDM will also identify and fix any errors, duplicates, or irregularities to the master data and set guidelines to ensure those issues are not repeated in the future. Solid MDM will bring all aspects of the business organization together and integrate all data cohesively and seamlessly to ensure the business can maintain the highest levels of functionality, productivity, and profitability.

Why is master data management important?

Today, every business relies heavily on its digital processes to get the desired, successful results needed to ensure the highest levels of transparency, productivity, and profitability. It is vital to the inherent business life cycle to guarantee every component of the process is secure, consistent, and accurate. An effective, efficient master data management solution will give you the best perspective on the full 360 life-cycle of your business process from inception, development, manufacturing, sales, distribution, customer satisfaction, and more. If there is ever any compromise in the integrity of your data, a gap in your business processes or supply chain management could occur, resulting in customer satisfaction that could be severely affected and result in a potential loss of productivity and profitability.

Imagine there was an incorrect address for a key supplier to deliver the necessary product for manufacturing. If those much-needed supplies went to the wrong location, how many days of productivity would be lost? How would such an error affect manufacturing, order fulfillment, on-time delivery, or customer satisfaction? Such an avoidable error could result in tremendous loss to an organization. This is only one example of the importance of utilizing a master data management solution for your organization.

Who uses master data management?

There are varying levels of responsibility with regard to master data management. Every organization has different titles for its pre-assigned role-players. In this process, you generally have three basic levels of responsibility: administrators, processors, and data process clerks. Below is an example of their roles and responsibilities.

Administrators: This group is the creators and governors of the solution. They will decide how the data will be managed, the duties required to manage the data solutions, how the data will be used, and who has access to the data, and be responsible for the overall process.

Processors: This group owns the process of setting up, configuring solutions, problem-solving, and ensuring those solutions meet all the criteria prescribed by the administrators. They will set and manage the rules for caring for the data throughout the 360 life-cycle process for the entire organization.

Data process clerks: This group is the first point of contact for organizing, inputting, repairing, cleansing, and maintaining the data inside the solution. These valuable key players come from many different areas of the organization. They can be from HR, accounting, marketing, shipping, or any point of service where any data would be introduced to your organization. Their roles and responsibilities are assigned per the direction of the administrators of the master data management solution.

What is a master data management tool?

A master data management tool is a hardware or software solution that provides efficient, secure, scalable options to help organizations protect and maintain the integrity of their master data. A master data management tool can be configured to meet any organization’s specific needs and objectives. It will run checks, fix errors, monitor inconsistencies, look for duplicates, and link and match data in a fast and efficient manner. Although many management data tools are available as on-premises solutions, the current trend today is a heavy migration and preference to the cloud, and therefore there are numerous effective cloud solutions to suit every organization’s needs.

Benefits of Master Data Management

Master data management has several benefits, including:

  • A clear, streamlined process for data entry.
  • Accountability and ownership of master data.
  • Additional levels of security and safety for managing master data.
  • Establishing consistent processes throughout the entire organization with regard to master data management.
  • Data integrity and accuracy lead to increased productivity and maximized profitability.
Features of Master Data Management Tools

There is a master data management tool that will work best for every organization's specific needs. There are master data management tools available for every business size and every business type. Below are some of the ideal, key features to consider when choosing the best master data management tool for your organization:

  • Provides options for linking and matching.
  • Ability to set rules and criteria based on your unique organizational needs.
  • Supports varying levels of data privacy.
  • Provides the options and necessary components for data security.
  • Ability to manage data across numerous locations.
  • Is completely scalable.
Buyer's Guide
Master Data Management (MDM) Software
July 2022
Find out what your peers are saying about SAP, Microsoft, TIBCO and others in Master Data Management (MDM) Software. Updated: July 2022.
622,645 professionals have used our research since 2012.