Generic Ranking of Vendors versus an Individual Selection Service

Many analysts market reports in the Master Data Management (MDM), Product Information Management (PIM) and Data Quality Management (DQM) space has a generic ranking of the vendors. Some of these reports were back in December last year mentioned in the post Major Generic MDM / PIM / DQM Solution Rankings. (Since then a new Gartner MDM Magic Quadrant has been published).

The trouble with generic ranking is that one size does not fit all. Therefore organizations on the look for a solution need to examine the market anyway and spend a lot of time and/or money with consultants in doing that.

On this list there is no generic ranking. Instead there is a service where you can provide your organization’s context, scope and requirements and within 2 to 48 hours get your solution list.

The selection model includes these elements:

  • Your context in terms of geographical reach and industry sector.
  • Your scope in terms of domains to be covered and organizational scale stretching from specific departments over enterprise wide to business ecosystem wide (multi-enterprise).
  • Your specific requirements.
  • Vendor capabilities.
  • A model that combines those facts into a rectangle where you can choose to:
    • Go ahead with a Proof of Concept with the best fit vendor
    • Make an RFP with the best fit vendors in a shortlist
    • Examine a longlist of best fit vendors and other alternatives like combining more than one solution.

Selection Model

You can get your free solution list here.

Note that the solution vendors considered are those who are:

  • On this Disruptive MDM / PIM / DQM Solutions List or
  • Gartner MDM Magic Quadrant or
  • Forrester MDM Wave or Forrester PIM Wave or
  • Information Difference MDM Landscape

This List and the Gartner MDM Magic Quadrant

There is a new Gartner Magic Quadrant for Master Data Management Solutions out. The Magic Quadrant is, besides a market overview, a generic ranking of solutions with a yearly license and maintenance revenue above 15 million USD.

This list (The Disruptive MDM/PIM/DQM List) is a list of registered solutions with a select your solution service based on your context, scope and requirements *). This list does besides MDM also cover the full range of Product Information Management (PIM) solutions and Data Quality Management (DQM) solutions as well.

Some innovative MDM solutions are both on the MDM magic quadrant and on this list. These are:

MDMlist and MDM MQ

*) All solutions on this list and in the magic quadrant are considered in the select your solution service.

What Will the Twenty-Twenties Bring to MDM?

We are now entering into a new decade: The twenty-twenties. Last time it was the twenties, back in the nineteen-twenties, this decade was defined as the Golden Age Twenties, the Roaring Twenties the Jazz Age or in French “Années folles” meaning the Crazy Years.

If we look into Master Data Management (MDM) the next decade could be the golden age of MDM. The MDM discipline has been around for 15 years or so now. The number of organizations that have implemented an MDM solution is not a big number – perhaps around 10,000 world-wide as examined in the post Counting MDM Licenses. This number may be more than 10-fold higher at the end of the decade and thus making MDM – and what is beyond – a common part of enterprise IT landscapes.

The next MDM decade will probably also be roaring, jazzy and even crazy. A lot is happening to MDM solutions and there are many questions to be answered about how the market will develop, as for example:

  • Will Customer Data Platforms(CDP) be part of CRM or MDM?
  • Will the MDM market and the Product Information Market (PIM) market be a big union or two separate markets?
  • Besides customer master data and product master data, which other master data, reference data and application data will commonly be included in MDM hubs?

You could also argue about if MDM will survive as a discipline!

What is your prediction about the next MDM decade?

MDM 20s

Major Generic MDM / PIM / DQM Solution Rankings

Analyst firms occasionally publish market reports with a generic ranking of solutions for MDM, PIM and DQM.

The latest such ones include:

The publication schedule from the analyst firms can be unpredictable.

Information Difference is an exception. There have during the years every year been a Data Quality landscape named Q1 and published shortly after that quarter and an MDM landscape named Q2 and published shortly after that quarter. However, these reports are relying on participation from relevant vendors and not all vendors prioritize this scheme.

Forrester is quite unpredictable both with timing and which market segments (MDM, PIM, DQM) to be covered.

Gartner is a bit steadier. However, for example the MDM solution reports have been coming in varying intervals during the latest years. Let us see when the next ones are published and what news they bring.

MDM PIM DQM Solutions

PS: You can check out many of the included solutions on This Disruptive MDM / PIM / DQM List.

PPS: You can get a free ranking based on your context, scope and requirements here.

Jumpstart Your MDM / PIM / DQM Solution Selection

The solution selection service on this site started 3 months ago as told here.

Since then Master Data Management (MDM) and Product Information Management (PIM) solutions have been joined by Data Quality Management (DQM) solutions, where some of the most innovative DQM solutions have joined the listing on this site.

More than 50 requesters have provided information about the context, scope and requirements of their intended solution and based on that received a report telling:

  • Your solution listWhich solution that is the best fit for a direct proof of concept
  • Which 3 solutions that are the best fit for a shortlist of solutions
  • Which 7 solutions that are the best fit for a longlist of solutions

Depending on your organization’s rules and the circumstances of your solution selection this report is aimed to jumpstart your selection process using one of the above selections.

The requesters of this report that have given feedback have provided positive responses as told in the post about the First Experiences with the MDM / PIM Solution Selection Service.

The service is still free. Start here.