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Summary
Market Overview: Master data management (MDM) software is a tool that manages the sensitive data of an organisation. It automates the process of master data management, meaning it manages the data from a broader aspect. Master data management software is used primarily for maintaining the integrity of data and for removing duplicated data and data inconsistencies across the data domain. MDM software is integrated in an IT infrastructure and scans master data elements during data creation, processing and storage of resources. It creates a repository of master data and categorizes data (such as people, processes, places and other categories and related data) according to business norms and objectives.
Market Dynamics
Market Trend
Bridging of technologies for Big Data and Bi With the cloud
Market Drivers
Increasing global need for compliance and verification and the growing size of centrally accumulated data management
Enables enterprises to collate and manage master data and utilise it for effective decision making and data analytics
Challenges
Diversified data regulations and legislation present across different verticals and regions
Expansive master data management solutions face inflexibility
Opportunities
MDM increases operational efficiency of enterprises along with improved decision-making capabilities
Self-service access to trusted data, consent management, and optimisation of master data environments
Incorporation of integrated vendor offerings
Major Market Developments
EnterWorks, Inc., a market leader in solutions for acquiring, managing and transforming a company’s product information into persuasive content for multi-channel sales, announced that the company has been acquired by Black Dragon Capital, LLC, a growth-oriented venture fund. Black Dragon Capital focuses on investment opportunities in e-commerce, financial technologies and related industries
IDEA (Industry Data Exchange Association, Inc.), the official technology service provider and eBusiness standards body of the electrical industry, announced its strategic partnership with EnterWorks, whose Multi-Domain MDM platform will become an integral component of IDEA’s mission to be the single source of complete, high-quality data that allows businesses to make the best decisions possible
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Geographical Analysis: South America (Brazil, Argentina, Rest of South America) , Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific) , Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe) , MEA (Middle East, Africa) , North America (United States, Canada, Mexico).
Key Players:
Some of the key players profiled in the study are EnterWorks (United States) , Informatica (United States) , IBM (United States) , Magnitude Software (United States) , Talend (United States) , Riversand Technologies (United States) , Information Builders (United States) , Oracle (United States) , Profisee Group (United States) , SAS Institute (United States) , Innovative Systems (United States) , TIBCO Software (United States) and Semarchy (United States).
Target Audience
Master Data Management Companies , Software solution providers , Network Providers , System Integrators , Retail distributor , Government, financial, and research institutions as well as investment communities , Analysts and strategic business planners , Research and consulting firms , Industries , System integrators , Resellers , Managed service providers , Cybersecurity consulting firms , Government agencies and Application developers
While framing the research framework, major and emerging players operating in the Master Data Management Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.
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Key Questions Answered in the Report
What will the Master Data Management Software Market size and the growth rate be in Future?
What are the key factors driving the Master Data Management Software Market?
What are the key market trends and macro-economic impacting the growth of the Master Data Management Software Market?
What are the challenges to market growth?
Who are the key vendors in the Master Data Management Software Market?
What are the market opportunities and threats faced by the vendors in the Master Data Management Software Market?
Trending factors influencing the market shares of the Players.
What are the key outcomes of the five forces analysis of the Master Data Management Software Market?
Table of Contents
1 Market Overview
1.1 Master Data Management Software Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.4 Market Analysis by Regions
1.5 Market Dynamics
1.5.1 Market Opportunities
1.5.2 Market Risk
1.5.3 Market Driving Force
2 Manufacturers Profiles
2.1.1 Business Overview
2.1.2 Master Data Management Software Type and Applications
2.1.3 Master Data Management Software Sales, Price, Revenue, Gross Margin and Market Share (2016-2017)
3 Global Master Data Management Software Market Competition, by Manufacturer
4 Global Master Data Management Software Market Analysis by Regions
5 North America Master Data Management Software by Countries, Type, Application and Manufacturers
6 Europe Master Data Management Software by Countries, Type, Application and Manufacturers
7 Asia-Pacific Master Data Management Software by Countries, Type, Application and Manufacturers
8 South America Master Data Management Software by Countries, Type, Application and Manufacturers
9 Middle East and Africa Master Data Management Software by Countries, Type, Application and Manufacturers
10 Global Master Data Management Software Market Segment by Type
11 Global Master Data Management Software Market Segment by Application
12 Master Data Management Software Market Forecast (2018-2023)
13 Sales Channel, Distributors, Traders and Dealers
14 Research Findings and Conclusion
15 Appendix
….Continued
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