Evaluating Master Data Management Tools

Date: May 22, 2010
Pages: 20
Price:
US$ 1,495.00
Publisher: Ovum
Report type: Strategic Report
Delivery: E-mail Delivery (PDF)
ID: E62689408B8EN
Leaflet:

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Evaluating Master Data Management Tools
After a period of vendor- (and analyst-) fueled hype, the master data management (MDM) software market has finally settled down. We now have a much clearer idea of what this technology is intended to do and, perhaps more importantly, what it is not. Our Best Practices Insight report is not intended to provide a description of MDM. Rather, it focuses on the key technical criteria that organizations should look for when evaluating an MDM tool. The aim is to provide a framework for making informed decisions. It offers insight into not only the choice of technology provider, but also the main architectural and functional differences between MDM products on the market. Matching these technical requirements to business requirements will help organizations realize the benefits of what remains a fiendishly complicated issue in enterprise data integration.
SUMMARY

Impact
Ovum view

OVUM’S EVALUATION FRAMEWORK

Key evaluation dimensions
Data model extensibility
Shift from single- to multi-domain MDM
Understanding relationships is key
Questions to ask of your MDM tool
Architectural styles
Operational
Analytical
Collaborative
MDM hub styles
Registry
Transaction
Hybrid
Choosing the right style
Registry
Transaction
Hybrid
The best choice
Questions to ask about your MDM tool
Integration and interoperability
Questions to ask about your MDM tool
Hierarchy and relationship management
When hierarchy management is important
Dual aspects of hierarchy management
Questions to ask about your MDM tool
Management and administration
Questions to ask about your MDM tool
Data governance
Key questions to ask about your MDM vendor or tool

GENERIC ASSESSMENT DIMENSIONS

Maturity
Generic questions to ask about your MDM vendor or tool
Scalability
Generic questions to ask about your MDM vendor or tool
Innovation
Generic questions to ask about your MDM vendor or tool
Enterprise fit
Generic questions to ask about your MDM vendor or tool

APPENDIX

Further reading
Methodology

LIST OF TABLES

Table 1: MDM-specific evaluation dimensions
Table 2: Which MDM hub style is right for my organization?
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