Data is impacted by numerous processes, most of which affect its quality to a certain degree. As data proliferation in the enterprise continues its exponential expansion and the size, complexity, and heterogeneous nature of IT systems environments scales to keep up, data quality and trust become increasingly important. Trusted data initiatives will remain strategic.
The business drivers that are pushing (Master Data Management) MDM:
2014-16 will be great years for MDM, I think standards and the trustworthy view of critical data will be propagated and included in the processes of most businesses. I think we will soon reach a meeting point between MDM and Big Data, as we know big data comes in many forms: some is structured, some unstructured; some is generated internally, some externally. The current MDM solutions are know being built with internal and some external integration points.
When selecting an MDM technology I would recommend use the Gartner or Forrester reports, and in my opinion I would only spend time looking the top right quadrant.
Some companies are naïve when it comes to choosing MDM technologies, wrongly assuming that the market is mature and that everything works fine these days. In my view, this is wrong it will take another 3-5 years for this area to mature.
Below is the year over year Gartner Magic quadrant on MDM:
In 2014,I think companies will be moving toward an Enterprise App Store similar to Google and Apple store and this will oblige companies to accelerate their efforts on MDM. (look into creating an enterprise app store)
One of the big accomplishments of these technologies, analysis of data has become a key differentiator within many industries.
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