Basically, data management is an administrative process which includes obtaining, authenticating, storing, protecting and processing the required data to ensure the timelessness, accessibility and the reliability of the data for the users. Leading master data management platforms allows the enterprises or organizations to leverage some big data from all the data sources, to allow the customers with effective engagement.
The data management shape the data using the manipulation techniques, they scrub the data to infuse quality into the business processes and they simplify access to traditional as well as emerging data for their users.
Best Master Data Management Tools:
Below mentioned are the five best master data management tools which helps the software vendors to focus on data management. They are as follows:
This tool is the next generation master data management tool with a mission of innovating the data management strategies by providing an easy to use and deploy enterprise MDM platform. This data management tool helps you with data modeling, data integration, enterprise workflows, industry data models, event management, etc.
Strengths: (1) offers a speedy time to value, (2) delivers the users with proven scalability with the continuing levels of high performance, (3) supports real-time and bi-directional integrations with identity resolutions.
This tool offers the customers with multi-vector MDM through its xDM platform for the data management. It also uses the algorithms and the material design for collaborative governance and data stewardship. This data management tools helps you with guided authoring for maintenance of data, flexible data modeling, device traceability, etc.
Strengths: (1) Delivers the customers with strong scalability with options for Aws cloud or on-premise setup, (2) offers the users with integrated modeling without any additional code.
- Orchestra Networks EBX
This master data management tool offers its customers with a variety of solutions to help their organizations manage the data assets through its EBX platform. This data management tool helps you with flexible data modeling, collaborative workflows, Real time and batch integration options, data quality dashboards, etc.
Strengths:(1) Supports the multi-domain MDM and proactive data governance, (2) features the strong visualization and workflow capabilities, (3) delivers the robust hierarchy management capabilities.
This data management tool is a cloud-based, multi-domain MDM solution for the enterprise. It supports both the structured data as well as the unstructured data. This data management tools helps you with data auditing and change tracking, big data insights, built-in analytics, collaborative workflows, etc.
Strengths: (1) Supports the multi-domain MDM, (2) features the native data visualization, search functionalities and the analytics, (3) allows the collaborative data governance, etc.
This tool has a collaborative data curation platform which includes the solutions for data governance, data profiling and catalog and the quality and master data management. This data management tool helps you with data consolidation, reference data management, business rule enforcement, pre-defined business models, etc.
Strengths: (1) delivers the customers with a highly scalable solution, (2) supports the big data connectivity and the full data quality activities, (3) supports the multi-domain MDM.
So, these are the top 5 best master data management tools which you need to lookout for.