Master Data Management (MDM) Software

Master Data Management (MDM) Software Overview

Master Data Management (MDM) software identifies, links and synchronizes 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.

Top Rated Master Data Management (MDM) Products

TrustRadius Top Rated for 2022

These products won a Top Rated award for having excellent customer satisfaction ratings. The list is based purely on reviews; there is no paid placement, and analyst opinions do not influence the rankings. Read more about the Top Rated criteria.

Master Data Management (MDM) Software TrustMap

TrustMaps are two-dimensional charts that compare products based on trScore and research frequency by prospective buyers. Products must have 10 or more ratings to appear on this TrustMap.

Master Data Management (MDM) Products

(1-25 of 43) Sorted by Most Reviews

The list of products below is based purely on reviews (sorted from most to least). There is no paid placement and analyst opinions do not influence their rankings. Here is our Promise to Buyers to ensure information on our site is reliable, useful, and worthy of your trust.

Winshuttle

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.

SAP Master Data Governance
Customer Verified
Top Rated

SAP Master Data Governance is a master data management solution that helps users to implement a cohesive and harmonized master data management strategy across all master data domains. It is presented as a solution that simplifies enterprise data management, increases data accuracy,…

Azure Data Catalog

Microsoft's Azure Data Catalog is an enterprise-wide metadata catalog designed to make data asset discovery straightforward, a fully-managed service that lets analysts. data scientists, and developers to register, enrich, discover, understand, and consume data sources.

Clear Analytics

Clear Analytics is a business intelligence solution that enables non technical end users to perform analytics by leveraging existing knowledge of Excel coupled with a built in query builder. Some key features include: Dynamic Data Refresh, Data Share and In-Excel Collaboration.

Key Features

  • Customizable dashboards (8)
    91%
    9.1
  • Pixel Perfect reports (8)
    90%
    9.0
  • Report Formatting Templates (8)
    88%
    8.8
IBM InfoSphere Information Server

IBM InfoSphere is an enterprise grade master data management solution used by over 700 customers. It competes with Oracle's Siebel UCM product and Informatica.

Key Features

  • Connect to traditional data sources (5)
    100%
    10.0
  • Simple transformations (5)
    100%
    10.0
  • Connecto to Big Data and NoSQL (5)
    100%
    10.0
Informatica Cloud MDM - Customer 360 for Salesforce

Informatica Cloud MDM includes Cloud MDM – Customer 360 for Salesforce, allowing users to trust in customer and contact data with integrated data management that maximizes the capabilities of Salesforce.

Informatica MDM

Informatica MDM is an enterprise master data management solution that competes directly with IBM's InfoSphere and Oracle's Siebel UCM product. The product has about 200 licensed users. Informatica MDM is a multidomain solution with flexibility to support any master data domain and…

TIBCO MDM

TIBCO MDM is a master data management platform.

SAP NetWeaver MDM

SAP NetWeaver MDM is based upon technology from the A2i acquisition in 2004. This is a comprehensive master data management suite and competes with IBM InfoSphere, Oracle Siebel UCM, Informatica, and Tibco.

Teradata Master Data Management

Terarada's Aprimo MDM product is somewhat less broadly used than competitive products because it is primarily designed to manage data for the Teradata technology platform.

IBM Master Data Management on Cloud

IBM Master Data Management on Cloud is an MDM solution designed to provide functionality similar to the IBM Master Data Management Advanced Edition (InfoSphere) product but without the typical maintenance costs associated to on-prem deployments, by making it available from the IBM…

Syndigo Content Experience Hub

Syndigo, headquartered in Chicago, enables commerce by supporting the efficient transfer of product information through its network of brands and their customers. The company provides descriptive product and nutritional information, images and other digital media, powered by deep…

SAS DataFlux

SAS DataFlux's capabilities handle data profiling, matching, cleansing and monitoring. Capabilities are available as individual products or as a platform. DataFlux competes with Informatica, Trilliium, Ataccama, and SAP Data Quality Management.

Stibo Systems Multidomain MDM

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…

Ataccama ONE

Ataccama is a data quality platform handling data parsing, standardization, cleansing and matching, and data profiling.

Multivue

Multivue is a master data management platform from Scottish software company VisionWare, in Glasgow.

IBM Initiate

Initiate Systems was acquired by IBM in 2010, their master data management platform became IBM Initiate.

InfoSphere Master Data Management

InfoSphere Master Data Management (or InfoSphere MDM) is, as the name would suggest, a master data management platform from IBM.

Enterprise Explorer

Enterprise Explorer is designed to offer a simple and intuitive way for professional business process modeling on Microsoft platforms. Enterprise Explorer transforms an individual Visio® workplace into a powerful multi-user platform operating on a basis of centralized process repository,…

StarDQ

StarDQ is a real time solution for cleansing, de-duping, and enriching enterprise data. By integrating StarDQ Solution, organizations can cleanse, match and unify data across multiple data sources and data domains. According to the vendor, the goal is to ensure that data is a strategic,…

Veeva Network

Veeva Systems headquartered in Pleasanton offers master data management (MDM) via Veeva Network, the company's life science focused MDM featuring data quality controls and reporting, fast import and export of data, powerful search and clear data visualization, and integration with…

CitiusTech H-Scale

CitiusTech headquartered in Princeton offers H-Scale, an MDM and data lifecycle management platform for integrating and validating healthcare data from various systems, compatible with Hadoop distributions, and having the H-IQM data quality module, and H-CDP claims data validating…

WinPure MDM

Launched in 2020, WinPure MDM is a master data management solution that aims to align with businesses to achieve a single view of your data with functions, and features to help manage data.

Creactives Material & Services Master Data Governance (TAM 4)

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…

Kalido MDM

Kalido MDM is a master data management platform from Magnitude Software in Austin, Texas (formerly Kalido, rebranded after that company's merger with Noetix).

Learn More About Master Data Management (MDM) Software

What is Master Data Management (MDM) Software?

Master Data Management (MDM) software identifies, links and synchronizes 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 software 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) Software 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.

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Frequently Asked Questions

What businesses benefit most from MDM software?

The more sources of data a business has, the more they benefit from an MDM tool that can reduce complexity in their data. A company with only a few data sources likely won’t get enough value out of an MDM to justify the purchase.

Can small businesses benefit from an MDM tool?

While MDM tools are most commonly used by large businesses, due to their tendency to have multiple complex data sources, an MDM tool can be useful for a small business if they have a variety of data sourcers. Small businesses should consider how complex their data infrastructure is before making a purchasing decision.

Can MDM tools pull from any data source or are there exceptions?

Most MDM tools are designed to integrate with a wide variety of data sources, but when considering a tool it is worth ensuring that it is compatible with your data sources. For businesses with obscure or legacy data, it may be necessary to build a custom integration.

What does Master Data Management (MDM) Software do?

Master Data Management software takes and matches data from separate sources and compiles it into a single master data file that can be leveraged by an entire organization.

What are the benefits of using Master Data Management (MDM) Software?

Master Data Management solutions ensure that your master data is more accurate and up-to-date, unlocking more meaningful insights for your organization. More accurate data also can improve a company’s decision-making by ensuring you have confidence in your data. MDM software also frees up your IT team’s time as they no longer have to do one off data pulls and can focus on other IT priorities.