By 2023, organizations with shared ontology, semantics,
governance and stewardship processes to enable interenterprise data sharing
will outperform those that don’t.
Gartner defines master data management (MDM) as a
technology-enabled business discipline in which business and IT work together
to ensure the uniformity, accuracy, stewardship, governance, semantic
consistency and accountability of an enterprise’s official shared master data
assets.
Informatica , TIBCO, Riversand and Semarchy are the leaders in
“Magic Quadrant for Master Data Management Solutions 2021”.