• March 1, 2008
  • By Jessica Tsai, Assistant Editor, CRM magazine

Tech Solution: Master Data Management

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Companies -- and each of their internal departments -- need a clear, single version of data truth. Master data management (MDM) helps to tie together any type of data in order to make it visible, accessible, and, in turn, significantly more useful. Kalido MDM "QuickStart" Program and Kalido MDM 8R3 Delivery Model:
On-demand (Quickstart) and installed software (Kalido MDM 8R3) Price: QuickStart pricing starts at $14,995; Kalido MDM 8R3 starts at $200,000. Business Benefits: QuickStart whets the appetite of business users by providing a low-cost, low-risk solution that introduces the benefits of MDM. For the more sophisticated user, Kalido's MDM 8R3 allows clean, consistent, and accurate master data to be accessible across the entire enterprise, which increases corporate transparency and accountability. Combined with business intelligence, MDM can provide in-depth insight on the master data past, present, and future. Functionality: QuickStart offers on-demand MDM education and advice from technology consulting firm Ventana Research, as well as Kalido's own MDM product training. Kalido's MDM 8R3 consolidates and manages any type of data to ensure a consistent and accurate view of the master data. The software has enhanced workflow functionality that automates notifications and helps to ensure problems are addressed in a collaborative manner by the right people. Contact: Kalido at 1-781-202-3200; www.kalido.com. Teradata Master Data Management Delivery Model: Installed software Price: Pricing starts at about $250,000, with discounts. Business Benefits: Now from a standalone company, having been spun off from former parent NCR, Teradata Master Data Management creates a single enterprise thesaurus that can ensure data is consistently described, used, and stored within an organization. The comprehensive solution is composed of software, domain templates, services, and content that together enable organizations to easily manage data in a heterogeneous environment. Teradata's MDM solution supports the complete lifecycle of data management. Functionality: Teradata unites industry domain expertise and a horizontal MDM architecture to provide a central system for managing all domains of master data on a single platform. Benefits include: centralized data management, which vastly improves data accuracy and data quality; reduced integration costs; and creation of synchronized, current data across systems, thereby improving business decisions. Contact: Teradata at 1-323-909-1236; www.teradata.com. Siperian MDM Hub Delivery Model: Installed software, or via Salesforce.com's AppExchange Price: Pricing starts at $500,000. Business Benefits: Siperian MDM Hub integrates all types of data into a single platform and its model-driven architecture ensures that all data is automatically kept consistent. The flexibility of the solution enables users to accommodate any MDM functionalities, including registry, coexistence and consolidation, and transaction. Advanced data governance allows organizations to streamline such processes to get better, more intelligent use out of their data. Functionality: Siperian's metadata-driven system allows users to define their data model of choice within a single platform; built-in security ensures that only authorized parties get to modify the data. Data quality is maintained in real time and can be unified with updated information from third-party sources. Hierarchical structures help companies better understand relationships within and across data. Contact: Siperian at 1-650-571-2400; www.siperian.com. Contact Editorial Assistant Jessica Tsai at jtsai@destinationCRM.com.
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