The Forrester Wave for Master Data Management went live today. The results may surprise you.
MDM tools today don’t look like your father’s MDM. No longer an integration hub between applications and DBMSs, today’s tools are transitioning or have reinvented MDM to handle the context missing from system traditional implementations. Visualizations, graph repositories, big data and cloud scale, along with application like interfaces for nontechnical users, mean MDM and master data gets personal with stakeholders.
Semantics and insight are not an outcome of MDM but an integrated part of the engine and hub. Three MDM evolutions stand out: