Informatica MDM is an enterprise master data management solution that competes directly with IBM's InfoSphere and Oracle's Siebel UCM product.Informatica MDM and the company's 360 applications present a multidomain solution with flexibility to support any master data domain and relationship—whether on-premises, in the cloud, or both.
It is a robust software with great management and data model. It can be difficult to learn how to use and deploy the first time but the mapping and features work very well and have optimized our productivity and cost savings. We can customize reports, create rules and integrate with other applications. Overall I recommend it.
I believe that Innocentive is well suited for people who have skills in any of the following areas: computer science, advanced healthcare, sociology, business management and any kind of engineering. The projects that can be solved through Innocentive need to be new ideas for these companies and need to be detailed. Also, I have found that project proposals need to be detailed enough so that the end user knows exactly what needs to be done to solve their solution, and that it is ok to go over the 3-5 page length. One of my proposals that was accepted was 20 pages in length but had to include the details such as screen mockups, server analysis, etc in order for the company to be able to successfully implement my solution.
This program raises us to a professional level where we have better versatility to control all the media of my work and have a correct response for each scenario.
It is essential to be right about the destination and development of my data, Informatica MDM is here to simplify all these processes for its users.
Innocentive is very responsive to answering questions that are asked through their platform. In my experience they have replied within 24 hours and their responses were descriptive and thoughtful. Being able to have an answer to your question quickly when you are working on a project is imperative, especially when there is a deadline for the project.
If your project proposal is accepted by the end user through Innocentive, Innocentive assigns you a point person through the exit process and that person was extremely helpful in providing me the documentation that is necessary for the exit process as well as how the payment will be distributed and when. The entire process was transparent and I never encountered any issues or frustrations while working with Innocentive.
Innocentive provides email communication about new projects that are posted through their site, as it pertains to your strengths and skills. A lot of times I have valued the email communication because it got me interested in a project that I would normally not search for or consider.
It is unfortunate how this program has a couple of limitations in terms of insertions; it does not have the ability to agglomerate and archive the data in real-time by groups.
To have automation functions, the program is very limited in performing one task at a time, compared to other systems that perform functions simultaneously.
I think that Innocentive could add a few more FAQ's to their list, such as when exactly a solver's profile will be updated with the 'solver' status. I did not realize it wouldn't be until the payment was sent out to me as opposed to when my project proposal was accepted.
I also think that Innocentive could add information about the duration of time it takes between having your project proposal accepted and actually receiving payment as well as what documentation is needed to be signed, notarized and sent back to them after your project is accepted.
I will certainly continue to use Innocentive, not just because it is easy to use but because it provides a challenge for me on a personal level as well as provides me opportunities within the solver's network. I could also use Innocentive in the future from an RFP perspective by leveraging this great group of innovation experts to help me find a solution to a problem from my own company. Without Innocentive, you are stuck implementing solutions from inside a box but when you are able to leverage Innocentive, your box opens up to the entire world and I guarantee that you will receive a solution to a problem that you never thought of before!
I'm not sure since I never used support. My colleagues never had any issues with it, therefore my rating would be an 8 with a certain range of uncertainty.
Informatica MDM has proven it's worth in the organization by driving the revenue growth. It saves our lot of time by filtering out duplicate values and helps in solving critical business problems. It is very helpful when we deal with a lot of data. Apart from this we can populate data on various third party integration which is most useful case
There are other similar products such as BrightIdea.com and CrowdSource.com, but I have found that Innocentive was far easier to use (has a very user-friendly interface), has the ability for the user to contact anyone else within the Innocentive network, and allows users to work on a solution by forming a team with other Innocentive solvers. Additionally, I selected Innocentive because it was endorsed by my university which I trusted because I knew that it was already vetted by them and proved to be a trustworthy company.
I cannot speak to this for 2 reasons. 1. I am not privy to the financials associated with this implementation or the previous one. 2. We have not hit our 'go-live' for this implementation yet to compare it's performance to our previous solution.
Since I have used this through my MBA program as well as on a personal level, I have seen greater self improvement and motivation with my work within my company. I also read other solver's solutions which allows me to understand how the winning solution solved the problem which helps me to think in different ways when it comes time to create new innovative solutions for my own company.
I think that projects that are solved through Innocentive definitely have a faster lead time, especially for areas in which a company does not have a lot of expertise (i.e. computer engineering or product engineering). Innocentive has thousands of experts in various fields across the globe, and hundreds of these experts may be working on their own solution for any given project, so any company willing to post their RFP through Innocentive will receive the largest, most varied, and most professional solutions that they would never be able to receive through a traditional company model.
