Best Master Data Management (MDM) Tools
Master Data Management (MDM) tools are software that identify, link and synchronize the most essential data to the organization (i.e., the master data) across disparate data sources. Master data is linked via semantic reconciliation, a process which identifies unique data points as identical even when they are described differently. These disparate data points are subsequently compiled into a single master data file accessible to all of those who have a stake in the data within...
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SAP Master Data Governance is a master data management solution that helps users to implement a cohesive and harmonized ma…
Reltio Connected Data Platform is used to cleanse and unify complex, multisource data into a single source of real-time information, a cloud-native, SaaS master data management solution.
The Profisee Platform is a master data management platform designed to build and deliver trusted, relevant and authoritative information across the enterprise.
D&B Connect is an AI-driven Data Management Platform based on the D&B Cloud that provides businesses with customer data and market insights. With D&B connect, users can collaborate on data management tasks, visualize, monitor, and benchmark data, as well as assess overall…
4ALLPORTAL, from the German company of the same name, is a solution for digital asset management & product information management designed to enable users to manage assets & data at the click of a button.
Winshuttle is an SAP-focused data management and robotic process automation platform. It is designed to enable the building and adaptation of Excel and SharePoint-based interactive forms and workflows for SAP without programming.
Syncari unifies, intelligently augments, and enforces quality of customer data, then makes it available within your departmental applications through modern multidirectional synchronization. The Data Automation Platform helps businesses solve costly data inconsistencies by treating…
Prospecta Master Data Online (MDO) is a web-based tool that manages the governance and standardization of all types of master data across the user’s business. It allows business users to create information with standardized business rules, workflows and approval processes.
MDO is available both on cloud model and has the ability to integrate with leading cloud and enterprise solutions such as SAP and Salesforce.…
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…
SimpleMDG, a product by Laidon Group, is a Certified SAP BTP Master Data Governance solution with +70 Objects designed to help enterprises fortify their master data foundation to enhance business operational excellence and ensure compliance.
A cloud-native Customer Master Data Management (MDM) designed to enable a single, accurate trusted source of master data to address the most complex business data management solutions into synchronized golden data for confident implementations and decision-making.
Stibo Systems, a master data management company headquartered in Denmark, enables data transparency with solutions that help companies unlock the strategic value of their master data. They aim to empower them to improve the customer experience, drive innovation and growth and create…
CluedIn is a Graph-based, Azure-native modern Master Data Management platform that accelerates how businesses prepare data to deliver insights. CluedIn can integrate hundreds more data sources than its nearest competitor. Its zero-modelling approach allows users to prepare, govern…
Contentserv, a Swiss company, provides a technology platform that combines product information management (PIM) with DAM, and is designed to enable marketers to transform operations, communicate with ease and control the total brand experience.
dataZen is a master data management, governance & data quality solution from ChainSys, a global corporation headquartered in Grand Ledge, Michigan.
Semarchy is an Intelligent Data Hub platform for Master Data Management (MDM), Reference Data Management (RDM), Application Data Management (ADM), Data Quality, and Data Governance.
Creactives' TAM is an AI-powered web app. It exploits ERP's structured/ unstructured info (short and long descriptions, technical sheets) to cleanse, enrich, deduplicate, and govern MMD by connecting all legacy systems.
Duplicate Material Records identification steps:
1. Material Categorization on custom taxonomy and UNSPSC or other, without mapping tables.…
Verdantis Harmonize brings Artificial Intelligence-based automated Master Data Quality improvement to asset intensive organisations. Offered in SaaS-based deployments, Harmonize takes item masters through the automated process of classification, data sheet definition, attribute extraction,…
Learn More About Master Data Management (MDM) Tools
What are Master Data Management (MDM) Tools?
Master Data Management (MDM) tools are software that identify, link and synchronize the most essential data to the organization (i.e., the master data) across disparate data sources. Master data is linked via semantic reconciliation, a process which identifies unique data points as identical even when they are described differently. These disparate data points are subsequently compiled into a single master data file accessible to all of those who have a stake in the data within the organization.
Master Data Management (MDM) software has three main types of users. Data governance users understand what the intended product of the solution is. They then describe to the IT professionals (the second group of users) who implement the solution how the MDM should match data and produce quality insights. The third group of users are the data stewards, who maintain the system on a day-to-day basis. The data governance users are likewise responsible for guiding the data stewards on how to most effectively manage the system.
Master Data Management (MDM) Software Features
Master Data Management tools should have most or all of the following features:
- Data Consolidation
- Data Governance
- Data Quality Management
- Mass Processing
- Process Analytics
- File Previews
- Data Import/Export
- Proactive Monitoring
- Real-time Integration
Master Data Management (MDM) Tools Comparison
Consider these factors when comparing master data management solutions:
- Deployment Options: Master data management solutions can be implemented either on-premise, on the cloud, or both. Consider whether you need to keep master datafiles on-premise for security or compliance concerns, or if the scalability and efficiency benefits of cloud deployments are worthwhile.
- Ease of Use: Master data management software can also vary in terms of how much IT overhead is needed to keep the product running smoothly. If your organization does not have the requisite IT resources to run a more powerful and customizable solution, you may want to go with a tool that has built-in support features that can take some of this burden off your IT team. Also consider how accessible the system is to various technical and business users as necessary.
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Pricing Information
MDM software is enterprise-grade software typically sold by the big enterprise software vendors like SAP, Oracle, and IBM. Like all enterprise software, this can be very expensive. Traditionally, this software has been sold as on-premise software but is now usually available as a cloud offering too.
Large-scale cloud MDM pricing can range from $15,000 per month to over $50,000 per month. However, there are cheaper less fully-featured alternatives, along with some open-source solutions.