About This Constellation ShortList™
Master data management (MDM) is both a technology and methodology for linking, centralizing and maintaining enterprise data to a singular point of reference. MDM programs typically include a methodology to support data governance and ensure data quality across the enterprise. This requires a common definition of terms and entities across an organization and a consistent data quality approach for classifying, transforming, augmenting, mastering, securing, delivering and refreshing enterprise data.
MDM in the past addressed entities such as customer, product, supplier and other specific domains. Today, most MDM systems can handle multidomain models across multicloud architectures. As migrations to the cloud accelerate, it’s increasingly important to consider the availability of software-as-a-service options and cloud- native deployment options, integrations and partnerships.
This Q1 2021 update removes Stibo Systems from this ShortList due to what Constellation sees as slow progress on cloud deployment options.
Constellation considers the following criteria for these solutions:
- Information integration
- Data quality
- Data governance
- Multidomain (i.e., customer, product, supplier, reference data, sites, location)
- Multiple deployment models: on-premises, hybrid cloud and multicloud
- Industry-specific templates and accelerators
- Self-service business rules
- Support for data privacy rules and regulations
- Customer references
The Constellation ShortList™
Constellation evaluates more than 15 solutions categorized in this market. This Constellation ShortList is determined by client inquiries, partner conversations, customer references, vendor selection projects, market share and internal research.
- TIBCO EBX
Frequency of Evaluation
Each Constellation ShortList will be updated at least once per year. There could be an update after six months, should the analyst deem it necessary.
Constellation clients may work with the analyst and research team to conduct a more thorough discussion of this Constellation ShortList. Constellation can also provide guidance in vendor selection and contract negotiation.