The right MDM solution for your needs will vary depending on how technical your users are, the industry you operate in, and how you plan to use the data you have.
Let’s take a closer look at the 7 best MDM tools available on the market right now.
1. Informatica
Informatica is a cross-domain MDM that uses artificial intelligence to help users make sense of their data.
Customers can save and scan their information using the company’s Intelligent Data Management Cloud service. Informatica’s data integration solutions are beneficial for:
- Decision making in businesses.
- IT workflow automation.
- Improve the consumer experience.
As a cloud-based solution, you may link your Informatica storage to hundreds of enterprise data sources, including:
- Active campaign.
- Jira.
- Google Drive.
- Marketo.
- Microsoft Azure SQL Server, Adobe Analytics.
This makes it simple to break down silos and consolidate data from throughout your organization.
Who should use Informatica?
Informatica is a good choice if your business needs to pull sales, marketing, or operations data into one central hub.
How Much Does IT Cost?
Informatica is priced on a unit basis, so you only pay for what you use. The company also offers discounts based on volume. To find out the cost of each unit, you will need to contact your Informatica representative.
2. SAP Master Data Governance
SAP Master Data Management is a central hub for data.
It supports on-premises and cloud deployment, so you can choose the best data management storage option for your company.
With your SAP Master Data Governance account, you can:
- Receive data collected through various external tools and processes
- Combine multiple source data into single views
- Share data with other tools
- Review and improve data quality
- Develop data trend reports
The tool also allows users to leverage the power of AI algorithms to continuously analyze and monitor data coming into SAP.
Who should use SAP Master Data Management?
If your company relies on data to improve operations, you’ll be a great fit with MDM from SAP – especially if you prefer an on-premises solution.
How much does SAP master data management cost?
SAP Master Data Governance platform pricing starts at $87 per month. The total cost depends on your usage level, so you’ll need to talk to the SAP team to get a quote.
3. Profisee
Profisee is a cloud-native MDM software solution.
The tool integrates with cloud computing platforms such as Microsoft Azure and AWS, as well as Google services. By pulling data from different sources into Prophecy, you can:
- Access data anywhere.
- Automatically clean and organize imported data.
- Fix duplicate or incomplete data sets.
- Share data across different business functions.
- Enforce data governance across the enterprise.
Although Prophecy is cloud-first, you can deploy it on local servers or create a hybrid setup.
Who should use prophecy?
If your data is stored in services like Azure or AWS, Profi may be right for you — and you want to control how every team in your organization uses it.
How much does a prophecy cost?
Prophecy offers unlimited data access, and you only pay for the resources you use. You are allowed to extend the use of your account or even pause it as needed.
However, the company doesn’t publish usage rates publicly, so you’ll have to request a Prophecy demo to learn more.
4. Stibo Systems
Stibo Systems is a cloud-native MDM solution.
Like the other MDM tools on this list, Stibo Systems’ enterprise data management platform (called STEP) allows users to pull data from a variety of sources:
- Amazon SQS
- Pictorial image
- blue
- Tencent cloud
- Cloud flare
- Salesforce
It can also export data to specific programs such as Adobe InDesign, allowing users to transform data into documents and other assets.
Who Should Use the Stibo System?
If you want the option of using your data in a print publication but will mostly be obtaining data from digital sources, Stibo Systems could be a good fit.
How Much Does the Stibo System Cost?
Stibo Systems does not advertise STEP pricing to the general public, thus you must request a product demo to receive a price estimate.
5. TIBCO EBX
TIBCO EBX is an MDM solution for collaborative teams.
Like other MDM tools, TIBCO EBX lets you fetch data from a variety of sources. Once the data is available, you can collaborate with your team to review, process, and transform it.
TIBCO EBX boasts several collaborative features. You can use it for:
- Set up workflow based on conditions.
- Configure tasks for individuals and user groups.
- Automatically generate notifications about deadlines related to data tasks.
- Create custom workflow dashboards for integrated views.
- Export data to an Excel spreadsheet.
- Create data models and visualizations.
TIBCO EBX also provides a drag-and-drop user interface, so all members of your team can locate and use data as needed – without any code required.
Who Should Use TIBCO EBX?
Because you can manipulate your data using code or drag-and-drop tools, TIBCO EBX is a good choice for teams that include technical users and business users.
How Much Does Tepco EBX Cost?
TIBCO EBX is part of a larger enterprise solutions platform, so you’ll need to request a customized quote based on your needs.
6. Pimcore
Pimcore is a platform for managing customer experiences and data.
The Pimcore Platform contains six tools with various data management features. The complete suite allows you to import and use both graphic assets and data, including pushing it to endpoints.
- Application and Documents
- Sales channel
- E-commerce Platform
- Online marketplace for publishing and printing equipment.
It’s an excellent solution for teams who need to collect consumer or industry data and convert it into multimedia assets.
Pimcore is offered as on-premises open-source software, a cloud platform as a service (PaaS), and a managed enterprise tool for large teams.
Who Should Use Pimcor?
Pimcore is best suited for enterprises that intend to convert data into published assets, whether physical or digital publications. It is the finest option for anyone seeking a free MDM tool.
How much does Pimcor cost?
Pimcore’s open-source version is currently available for free download. To use the PaaS or Enterprise versions, you must first request a quote from the Pimcore team.
7. Syndigo
Syndigo provides an MDM solution for merchants, manufacturers, and service-based enterprises.
The platform links its MDM solutions with PIM systems and DAM technologies. With these two instruments, you can:
- Pull data from multiple sources.
- Perform data validation.
- Consolidate product data from PIM to sales channels.
- Share MDM data across sources.
You can also create a separate MDM environment specifically for your customer data.
Syndigo and Pimcore share similar capabilities, but whereas Pimcore helps you convert data into new assets, Syndigo is more suited to developing supply chains and growing real-world operations.
Who Should Use Syndigo?
Syndigo is one of the top MDM tools for supply chains, omnichannel commerce, and retail stores.
How Much Does Syndigo Cost?
Like many competitors, Syndigo does not disclose prices online; you must call the company to obtain a quote.
Conclusion
Data is one of a company’s most precious assets, and managing it properly may help your organization run smoothly. Learn more about using data to your advantage in our guide to the big data trends you should know right now.
