To thrive in the hyper-connected economy, you need connected and holistic data in real-time. This is accelerating the revolution of master data management (MDM) and reshaping how organizations collect, unify, manage, and use data.
What is Master Data Management?
Gartner defines Master Data Management (MDM) as a "technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise's official shared master data assets. Master data is the consistent and uniform set of identifiers and extended attributes that describes the core entities of the enterprise including customers, prospects, citizens, suppliers, sites, hierarchies, and chart of accounts."
The digital economy requires organizations to be responsive and have a master data management platform that is connected, scalable, and supports real-time operations. This requires more advanced data management strategies and tools, that traditional MDM solutions fall short.
Reltio is next-generation MDM. It offers best in class Master Data Management capabilities, including Identity Resolution, Data quality, Dynamic Survivorship for contextual profiles, Universal ID across all your operational applications, Hierarchies, and Graph to manage relationships, Progressive stitching to create richer profiles, and Governance capabilities.
By making Reltio next-generation MDM the cornerstone of digital transformation initiatives, Innovative Global 2000 companies are leveraging data to unlock new opportunities, including support for new business models, hyper-personalized customer engagement, and using artificial intelligence for actionable insights.
Download our checklist to compare the capabilities of Legacy MDM vs. Reltio next-generation Master Data Management platform. Learn how you can improve your Data Management strategy and boost business growth today.