Why MDM is the First Step Toward Business Reinvention
Blog: The Tibco Blog
Reading Time: 2 minutes
Managing critical data across the enterprise is an essential step toward business reinvention. That’s why organizations are increasingly turning to master data management (MDM) to solve their siloed data problem and provide a single, trusted view of their data. By providing one trusted place to go for information, MDM enables businesses to make better decisions and improve overall performance.
If you’re looking to adopt an MDM solution, the Constellation ShortList
is a good place to start narrowing your search. This report is often helpful to organizations when evaluating solutions within technology market categories.
We’re excited to announce that TIBCO EBX has been added to the Constellation ShortList for Master Data Management Solutions for the third consecutive time. EBX is one of only seven solutions recognized for 2020. For TIBCO, we see the report as a further indication of EBX’s momentum in the MDM market. As a single solution to help organizations govern, manage, and consume all their shared data assets, EBX is proud to meet the threshold criteria outlined below.
For Master Data Management (MDM), this year’s threshold criteria included:
- Information integration
- Data quality
- Data governance
- Multidomain (i.e., customer, product, supplier, reference data, sites, location)
- Multiple deployment models: on-premises, in the cloud, hybrid or multi-cloud
- Industry-specific templates and accelerators
- Self-service business rules
- Support for data privacy rules and regulations
- Customer references
According to Doug Henschen, V.P. and Principal Analyst of Constellation Research, the threshold criteria are determined by capabilities that customers and partners deem critical for that technology space. The Constellation ShortList essentially indicates which solutions cover the capabilities most needed to meet current challenges and address top use cases in that category.
To learn more about how TIBCO EBX is leading in master data management, read Doug Henschen’s Constellation ShortList for Master Data Management for Q1 2020.
Constellation is not the only analyst firm that has recognized TIBCO’s master data management. Check out Gartner’s 2020 Magic Quadrant for Master Data Management Solutions to see why TIBCO EBX Software was named a Leader for the fourth consecutive time.
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