Why You Need a Cloud-Based Master Data Management Platform
Cloud-based MDM provides numerous benefits including increased efficiency, agility, and cost savings. Additionally, a cloud-based MDM platform enables organizations to quickly and effectively deliver analytics and operational data to drive superior business outcomes.
Fast time to value:
Cloud-native MDM can be deployed quickly and easily, without the need for complex on-premises infrastructure. This means that you can start using cloud-native MDM sooner and realize benefits more quickly.
Latest technology and better integration:
Organizations can take advantage of the latest technology with zero downtime and zero-effort upgrades that cloud-native MDM offers. It can also be deployed on all major cloud platforms including Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform (GCP), providing organizations the flexibility and scalability they need to manage their master data more effectively.
Automated backup and disaster recovery:
Cloud-based MDM solutions offer built-in redundancy and disaster recovery capabilities, ensuring that business data is always available when needed.
With a cloud-based MDM solution, businesses can give authorized users access to data from anywhere in the world, at any time.
Agility and Low TCO:
Cloud-native MDM is highly scalable and flexible, making it easy to adapt to changing business needs. This allows you to respond quickly to new opportunities and challenges. It is also more cost-effective than traditional on-premises solutions, due to the lower costs of infrastructure and maintenance.
Faster implementation and scalability:
Cloud-based MDM solutions provide operational agility by allowing seamless data integration into an existing setup and eliminating the need for on-premise server installations. With the ability to scale storage and processing capabilities and software licensing limits, cloud-based MDM is perfect for businesses that need to change their IT infrastructure quickly and easily.
Enhanced security and compliance:
Cloud-based MDM solutions offer zero-effort security and access permissions, 24/7 monitoring and threat protection, data encryption and compliance support, making them ideal for businesses in heavily regulated industries.