Tag Archives: universal MDM
I’m astounded by the incredible turnout and response to MDM Day and other MDM-related events at Informatica World, and again, I see this as a sign of MDM’s importance in the business world. Attendees told their stories, swapped best-practices, and shared their visions of using MDM to improve up-sell, cross-sell, and other important business metrics. But now let’s keep the momentum going. Here I want to tell you about three free webinars that will help you to dive more deeply into MDM, and take your initiatives to the next level. The first is for any large organization, and the other two are for pharmaceutical companies. (more…)
“MDM Hits It Out of the Ballpark at Informatica World.” I heard that comment from not just one, but from many Informatica World attendees. I smiled, but inquired further, “What makes you say that?” Each of them gave a different answer.
Informatica World 2013 is right around the corner, and I’m eager to tell you about all we have planned. This year, MDM will play a prominent role, as you can see by the sheer number of MDM-related sessions presented by Informatica customers, partners, and employees.
Here are just a few highlights:
The general feeling, at the recent Gartner Master Data Management Summit, was one of excitement. It wasn’t just that this was the largest MDM Summit to date with 600+ registrants; it was also the buzz in and around the convention center. The conversation wasn’t about promises and “what ifs,” it was about tactics, and 2nd or even 3rd generation MDM initiatives. This growth is a sign that MDM has matured past the initial phase of high expectations, in Gartner’s hype cycle. To put it in Geoffrey Moore’s terms, I think it’s a sign that MDM has crossed the chasm from early adoption to more widespread, pragmatic adoption.
Gartner recently published its annual Magic Quadrant for Master Data Management of Customer Data Solutions, which “positions MDM of customer data solution vendors (and their products) on the basis of their Completeness of Vision relative to the market and their Ability to Execute on that vision.” The growth of MDM market has been phenomenal – $1.6 billion in 2011, a growth of 21% from 2010, and projected to grow by the same rate to $1.9 billion in 2012. (more…)
Let’s say you’re a Fortune 500 manufacturer and a supplier informs you that a part it sold you last year is faulty and needs to be replaced. What’s the first thing you do—and how do you do it?
You need answers fast to critical questions: In which products did we use the faulty part? Which customers bought those products and where are they located? Do we have substitute parts in stock? Do we have an alternate supplier? (more…)