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Are there different types of MDM (Master Data Management) solutions?
What are some examples of different MDM solutions?
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1 Answer
There are several ways to segment MDM Solutions:
-- Point Solutions, such as MDM for product (PIM) or customer (CDI), CRM/SCRM), Location, Supplier ,or HR
-- Multi-domain MDM solutions where each domain carries equal weight in Master Data “equation” (cross-enterprise MDM)
-- MDM aligned with BPM, which Forrester’s Rob Karel calls “process data management”
Other segmentation: operational, collaborative, or analytical
Solution delivery models: on-premises licensed, SaaS/cloud, OSS
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