Best Master Data Management (MDM) Software

Master data management (MDM) software tracks the most essential company-wide data points, also known as master data, and provides insights related to company operations, clients, and goals. MDM platforms draw information from multiple domains and departments and singles out the core data that administrators have determined is most relevant to the organization. Users can then implement that data as they see fit, keep records of data history, and make projections based on findings. Operations teams can utilize these tools, in conjunction with IT teams, to identify the essential metrics across the entire business and pinpoint areas of concern, gauge the success of individual departments, increase productivity, and maximize ROI.

To qualify for inclusion in the MDM category, a product must:

Track data from multiples sources related to an organization, specifically department performance metrics
Consolidate, organize, and store master data, filtering for duplicate information and inconsistencies and presenting findings in a clean format
Provide administrators with tools and/or initiatives related to master data
Export MDM data as necessary to other software tools

Top 10 Master Data Management (MDM) Software

  • SAP Master Data Governance (MDG)
  • Syndigo Content Experience Hub
  • Dell Boomi
  • SAP NetWeaver
  • Oracle EPM Cloud
  • IBM InfoSphere Master Data Management
  • Riversand Platform
  • IBM InfoSphere Information Governance Catalog
  • SAS MDM
  • Oracle MDM

Compare Master Data Management (MDM) Software

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The SAP® Master Data Governance application provides ready-to-run, domain-specific master data governance, enabling you to decentrally own and consolidate or to centrally create, change, and distribute master data across your enterprise system landscape. Tight integration with other SAP solutions supports the reuse of data models, business logic, and validation frameworks with open integration to third-party products and services to support your entire technology stack.

Syndigo's Content Experience Hub Platform allows retailers, distributors and manufacturers to access all of their product data and digital assets from one single location. With this product suppliers and manufacturers can now be sure all their sales channels have the same rich product information. Through the standardized content, retailers can now consume far more data than ever before. Allowing for a faster speed to market and an expansion of product lines in-store and online.

(210)4.2 out of 5
Optimized for quick response

To grow and thrive in the fast-paced digital era, you need an agile technology foundation that speeds the flow of information, interactions, and innovations so you can achieve better business outcomes, faster. Dell Boomi’s intelligent, flexible and scalable platform quickly and easily unites everything and everyone in your digital ecosystem across channels, devices, and platforms. With our cloud-native platform, getting started is easy – just log in and go – and you can scale it reliably and

(62)3.6 out of 5

Develop, provision, and manage your mission-critical applications across a heterogeneous software environment. With SAP NetWeaver, you gain the tools, Web services, and application server capabilities you need to support seamless application, data, and system integration.

(15)4.0 out of 5
Optimized for quick response

Oracle Enterprise Data Management Cloud provides a single platform to flexibly manage enterprise data while maintaining data integrity and enterprise application alignment.

IBM InfoSphere Master Data Management (MDM) manages all aspects of your critical enterprise data, no matter what system or model, and delivers it to your application users in a single, trusted view. Provides actionable insight, instant business value alignment and compliance with data governance, rules and policies across the enterprise.

(33)4.6 out of 5
Optimized for quick response

Riversand Platform is a superior Cloud-native Master Data Management (MDM) and Product Information Management Solution (PIM). CIOs can be confident their IT infrastructure investment is future-proof, and marketeers can be confident their customers will enjoy a best-in-class shopping experience.

IBM® Information Governance Catalog is an interactive, web-based tool that allows users to explore, understand and analyze information. Users can create, manage and share a common business language, document and enact policies and rules and track the usage and consumption of data within a lineage report providing trusted information for compliance and insights. Learn More: https://ibm.co/2xmfLsK

(10)4.6 out of 5

SAS MDM is a master data management solution that aligns with your business to achieve a single view of your data with functions and features to help you manage your data.

(21)3.8 out of 5

Oracle MDM is a platform that delivers consolidated, master data across your enterprise and distributes the information to all operational and analytical applications.

(39)4.4 out of 5
Optimized for quick response
Entry Level Price:FREE fully enterprise-ready

Pimcore is an open-source software platform used by more than 100 000 companies worldwide. It offers state-of-the-art digital asset management (DAM), product information management (PIM), master data management (MDM), digital experience management (DXP/CMS), multi-channel publishing, and digital commerce. Acclaimed by analysts at Gartner and Forrester, its customers include Fortune 100 companies such as Pepsi, Sony, and Audi. The company's headquarters are in Salzburg, Austria. Pimcore’s consol

Stealthbits’ StealthAUDIT Management Platform helps organizations collect and analyze the data they need to answer their most difficult questions in the management and security of their critical IT infrastructure, data, and applications. Unlike point-products designed to address only a single need, StealthAUDIT is a true framework. With preconfigured solutions to address your most common requirements, as well as an extensive toolset for you to create solutions of your own, StealthAUDIT remains r

(11)4.1 out of 5

Maximize availability and maintain control of your storage infrastructure running ONTAP software for improved availability, scalability, supportability, performance, and security.

(12)3.7 out of 5

Stibo Systems is the trusted source of MDM. Our solutions are the driving force behind forward-thinking companies around the world that have unlocked the strategic value of their master data, empowering them to improve the customer experience, drive innovation and growth and create an essential foundation for digital transformation.

(12)4.0 out of 5

EBX makes it easier to manage your data assets. Custom applications and purpose-built MDM solutions are hard to change while EBX is flexible and agile. EBX uses a unique what-you-model-is-what-you-get design approach: with applications generated on the fly and fully configurable. This eliminates the need for long, costly, and endless development projects.

(22)4.2 out of 5

The Profisee Platform has been designed for any size organization to deliver enterprise level multi-domain Master Data Management solutions, simply and easily. In contrast to the technically complex platforms of the past, targeted towards IT with lengthy implementations, the Profisee Platform focuses on providing the fastest time to value, while innovating around the data management user experience so that it’s accessible to non-technical business users. Gone are the days of acquiring multiple

Omni-Gen Master Data Management (MDM) Edition provides a single platform for generating applications that combine data integration, data quality, and master data management – in a fraction of the time such projects used to require. The benefits are huge – typical project times can be reduced from a year-and-a-half to six months or less. (NOTE: Other iWay components, such as iWay Service Manager, are included as part of the Omni-Gen platform.)

(17)3.6 out of 5

Talend Master Data Management The fastest route to trusted and actionable master data management Talend Master Data Management (MDM) unifies any amount of data—from customers to products to suppliers and beyond--into a single, actionable “version of the truth.” As part of the Talend Data Fabric, Talend MDM combines real-time data, applications, and process integration with embedded data quality and stewardship to share across on-premises, cloud and mobile applications. -Turn master data in

ArcGIS Data Interoperability brings spatial data from many sources into the ArcGIS environment for mapping, visualization, and analysis.

Master Data Management

(10)3.9 out of 5
Optimized for quick response

TIBCO MDM is a cloud-based solution that allows you to integrate data, manage it in a multi-domain environment and distribute where and when it's needed.

ASG Technologies’ Enterprise Data Intelligence Solution delivers a tool-agnostic solution that supports the creation of custom metadata interfaces for your enterprise sources, providing a complete data lineage knowledge base. The range and flexibility offered by ASG includes discovery of mainframe, distributed and other ETL code, analyzing to ensure there are no gaps in your end-to-end lineage.

Triniti Master Data Management is the next generation of multi-domain master data management. It is an emerging category called application data management which goes beyond traditional semantic consistency and make master data actionable in applications that consume master data. It supports, Product, Customer and GL Account.

(3)4.0 out of 5

Azure Data Catalog is an enterprise-wide metadata catalog enabling self-service data asset discovery. The Data Catalog stores, describes, indexes and provides information on how to access any registered data asset and makes data source discovery trivial.

(3)4.5 out of 5

End-to-end customer information management for a single, trusted source of business-critical data to fuel analytics and operations.

(3)5.0 out of 5
Entry Level Price:$0

OpenDQ is an enterprise zero license cost data quality, master data management and data governance solution. Built on a modular architecture, OpenDQ scales with your enterprise data management needs. OpenDQ delivers trusted data with a machine learning and artificial intelligence based solution framework: Multi Domain Data Quality, Master Data Management ,Data Governance,Business Glossary and Data Dictionary. Data Profiling, Address Standardization US, Canada and 200+ Countries, Fuzzy Match

(3)2.3 out of 5

Reltio Cloud delivers enterprise data-driven applications together with a modern data management Platform as a Service (PaaS), guiding customers to take the right actions, based on the right insights, to achieve the right results.

(3)4.3 out of 5

Ataccama delivers self-driving data management and governance with Ataccama ONE. It’s a robust, AI-powered platform integrating Data Discovery & Profiling, Metadata Management & Data Catalog, Data Quality Management, Master & Reference Data Management, and Big Data Processing & Data Integration. Ataccama ONE gives you the option to start with what you need and seamlessly extend as your business requires. The first step is free—try our one-click data profiling trusted by 55,000 us

(2)4.5 out of 5

Octopai is a centralized, cross-platform metadata management automation solution that enables data and analytics teams to quickly and precisely discover and govern shared metadata. Utilizing machine learning, Octopai automates metadata management dramatically increasing productivity and trust, shortening time to market, and reducing risks associated with erroneous data.

Simplify your data infrastructure—from the edge to the core to the cloud—with the industry's leading enterprise data management software.

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Check out the G2 Grid® for the top Master Data Management (MDM) Software products. G2 scores products and sellers based on reviews gathered from our user community, as well as data aggregated from online sources and social networks. Together, these scores are mapped on our proprietary G2 Grid®, which you can use to compare products, streamline the buying process, and quickly identify the best products based on the experiences of your peers.
Leaders
High Performers
Contenders
Niche
Dell Boomi
Talend MDM
Stibo STEP
Riversand Platform
Oracle MDM
Profisee
SAP NetWeaver
Information Builders Omni-Gen/iWay
Pimcore
SAS MDM
Syndigo Content Experience Hub
SAP Master Data Governance (MDG)
StealthAUDIT Management Platform
ArcGIS Data Interoperability
Active IQ Unified Manager
IBM InfoSphere Information Governance Catalog
TIBCO EBX
IBM InfoSphere Master Data Management
Oracle EPM Cloud
Market Presence
Satisfaction

Learn More About Master Data Management (MDM) Software

What is Master Data Management (MDM) Software?

Data is an eminently valuable resource and a key pillar of digital transformation. Whether it is transactional data for retail companies, employee data from HR departments, product data, or financial data from financial institutions, data is powering organizations and allowing them to make smart decisions. However, data is only valuable if it is clean and consistent and in this world in which data is so fragmented and fast-moving, it is becoming increasingly more important. Businesses are challenged by data complexity and how it is siloed in different systems. Organizations must put in place a systematic data solution with quality at its core to get the data in an ideal state. This will provide a single source of truth for business users, giving them the tools they need to succeed. The risks of bad data are severe and relying on it may lead to misguided, uninformed decisions. For example, a company that has duplicate records for their customers across different systems risks overestimating their customer base and planning accordingly.

Companies use master data management (MDM) software to have a central repository for their master data, ensure compliance, and proper data governance. With a strong MDM strategy along with data stewards responsible to ensure fitness of data elements in place, companies better understand their data across various systems, such as ERP, CRM, other legacy applications, and more.

Key Benefits of Master Data Management (MDM) Software

  • Allow users to connect to various systems to find disparate data for the purposes of consolidating
  • Feed unified data into other applications, such as analytics solutions and data warehouses to ensure consistency across an organization
  • Provide administrators with tools to manage and govern master data
  • Increase speed to access, share, and analyze data by giving the user a 360-view of all data assets

Why Use Master Data Management (MDM) Software?

MDM software allows users to keep track of the most essential company-wide data points in a consolidated fashion, including entities and attributes. Entities include customers, patients, sites, or any business data objects that are defined. Attributes may be defined for each entity as well as transformations that support data quality and identity management functionality. MDM streamlines data sharing among personnel and departments and facilitates computing in multiple system architectures, platforms, and applications.

The record linking process ensures records stay consistent, thus avoiding duplication issues. It is a process in which records across different systems or departments within an organization is matched and connected. For example, a case in which a customer of a retailer continues to receive ads for a product they have already purchased is likely the result of poor MDM and record linking practices.

Clean data — Clean data through enrichment, matching, merging, and relating it to other data points.

Ensure data quality — Allow users to ensure their data maintains a high level of quality through capabilities such as address verification, standardization, and parsing.

Single source of truth — Create a single source of truth for data, such as customer data.

Who Uses Master Data Management (MDM) Software?

Getting MDM software requires buy-in from across the organization. Business departments must work together to consolidate data across their systems, databases, applications, and more. This will ensure that they create a single end-to-end solution, which in turn will have accurate, deduplicated data. The following roles from various parts of the business help drive this process.

Data stewards — Data stewards are charged with ensuring that the MDM software is doing a good job by making sure that data is properly cleaned and managed.

Data governance users — These users help define the data requirements and the data schema. They assist in understanding how the data is managed and can hold the data stewards accountable for following the solution they have developed.

Database administrators — Especially as the result of mergers and acquisitions, databases become complex and convoluted and duplicate entities proliferate. These administrators use MDM software to deduplicate the entities and ensure consistency across the organization.

Kinds of Master Data Management (MDM) Software

MDM software which consolidates data into a single source of truth, does so in three chief ways: data propagation, data federation, and data consolidation.

Data propagation — The process of copying master data from one system to another, typically through point-to-point interfaces in legacy systems.

Data federation — The process of providing a single virtual view of master data from one or more sources to one or more destination systems.

Data consolidation — The process of capturing master data from multiple sources and integrating into a single hub (operational data store) for replication to other destination systems.

Master Data Management (MDM) Software Features

Operations teams utilize these tools, in conjunction with IT teams, to identify the essential metrics across the entire business and pinpoint areas of concern, gauge the success of individual departments, increase productivity, and maximize return on investment (ROI).

Data integration — Data extracted from the disparate source data system can be transformed and loaded into the MDM hub.

Data masking — Some MDM tools allow for data masking. This is a method whereby a synthetic version of a company's data is created which bears structural similarity to a company's data for the purposes of software testing, user testing, and more.

Hierarchy management — Data hierarchies, such as product hierarchies and customer hierarchies, establish the ways in which data points relate to one another in a hierarchical or taxonomical manner. For example, products might be further broken down into elements such as sector, category, and brand.

Visualization — Some MDM solutions include reporting capabilities, giving business users and data stewards the ability to create reports and visualizations of the master data.

Query and search — Most MDM platforms allow users to easily search stored data via keywords

Potential Issues with Master Data Management (MDM) Software

Mergers and acquisitions — Mergers and acquisitions help companies incorporate a range of new technologies into their stack as well as gain access to new data and data sources. In relation to the latter, with new data comes new data management and governance issues as the company at large will need to get a broad overview of their data, including that of the recently acquired. In these cases, there may be a host of different systems with duplicated records and duplicate master data. Introducing MDM is key to ensuring that data is cleaned, deduplicated, and matched.

Master data schema — Sometimes, there are issues related to the proper degree of detail and normalization of the master data (also known as a master data schema). That is, different departments within a business might have different hierarchies of entities that they are looking to store and analyze for their own purposes. Having a rigid schema while maintaining consistency may lead to struggles. For example, the product hierarchy for inventory management may be entirely different from the product hierarchies needed to support other efforts, such as marketing. Therefore, the availability of multiple sources of truth may be vital.

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