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Why More Businesses are Switching from Legacy to Modern MDM

Reltio

I’ve heard countless stories from IT and business leaders about the challenges with legacy master data management (MDM). A perception shared by many in the industry is that MDM is hard, especially when approached with legacy solutions. Modern, cloud-native SaaS simplifies MDM and accelerates the value of your data.

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Reltio is recognized a Leader in The Forrester Wave™: Master Data Management, Q2 2023

Reltio

When done well, master data management (MDM) transforms enterprise data from a chronic source of frustration to its most valuable asset. At Reltio, we call this approach modern MDM, which we pioneered back in 2011 with the launch of the industry’s first cloud-native SaaS platform.

MDM 98
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Turning Data Initiatives into Business Value: A Guide for Data Leaders

Reltio

Many organizations have recognized this, investing heavily in data management initiatives such as master data management (MDM). However, in 2021, Gartner reported, “Through 2025, more than 75% of MDM programs will fail to meet business expectations because of a failure to connect MDM value to business value.

MDM 52
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Reltio Named a Leader in the 2021 Forrester Wave™ Report for MDM

Reltio

The report helps businesses that are considering MDM solutions by evaluating 15 of the top MDM vendors across 24 key criteria. As the founder of Reltio, I am honored to see Reltio named a leader in MDM. Reltio scored well in matching, context, governance, business templates, deployment, security, and scalability.

MDM 98
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Freemium Offerings Accelerate Technology Adoption and Innovation

Reltio

That’s in large part because a new generation of IT leaders are making strategy and purchasing decisions. Traditionally, master data management (MDM) product evaluation and implementation would take more than a year, on average. Reltio first demolished that model with a cloud-native MDM SaaS platform that is ready on day one.

MDM 52
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Master Data Governance: Comprehensive Guide

Reltio

That’s called master data governance. . What is master data governance? Master data governance creates a system of rules and the policies and procedures enforcing them to ensure data quality and consistency. . Why is master data governance important? . What is the difference between MDM and Data Governance? .

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Master? ?Data? ?Management? ?Trends? ?to? ?Get? ?Ahead? ?With?

Reltio

MDM technology has advanced leaps and bounds in the last five to 10 years to keep up with business trends and digital transformation. Organizations that think mastering governance in legacy MDM systems must precede any leap to using machine learning and AI in more modern MDM platforms are falling behind the curve. .

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