REDWOOD CITY, Calif., Sept. 19, 2017 (GLOBE NEWSWIRE) — Informatica®, the Enterprise Cloud Data Management leader accelerating data-driven digital transformation, today announced that research firm, The Information Difference Ltd., has positioned Informatica as the clear leader in the master data management (MDM) industry for the fourth consecutive year. The report, titled MDM Landscape Q2 2017, assesses the technology and market strengths of 45 MDM vendors.
According to The Information Difference report, “The master data management market in the past year showed continued growth, confirming it as one of the fastest growing enterprise software markets.” The report estimates that “the market for MDM software was worth $1.45 billion, with year on year growth of 6%.”
“Companies today need master data management solutions that can adapt to a growing number of data challenges, ranging from cloud data sources and hybrid IT architectures to big data and Hadoop implementations,” said Andy Hayler, president and chief executive officer, The Information Difference. “Informatica continues its MDM track record of innovation and comprehensiveness, enabling customers to address these and other challenges in the pursuit of authoritative data to power their business initiatives.”
Used by organizations around the world, Informatica MDM is the market’s only modular and end-to-end master data management solution, comprising flexible multidomain MDM along with master data fueled business applications (Customer 360, Product 360, Supplier 360, and Relate 360) that accelerate time to value from an MDM implementation. In addition, this versatile solution combines industry leading Data as a Service, data quality, business process management and data security capabilities and supports mastering big data in traditional and Hadoop environments.
“Whether you are looking to improve business decision making, power engaging customer experiences or increase business user productivity, effective master data management is critical to unleashing the disruptive power of data,” said Suresh Menon, senior vice president and general manager, Master Data Management, Informatica. “Informatica MDM is helping customers deliver trusted, governed and actionable data to power innovation and transform businesses. A flexible framework supports any type of data domain and relationships across them with master data-fueled apps to drive faster time to value for specific use cases.”
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Informatica is the only Enterprise Cloud Data Management leader that accelerates data-driven digital transformation. Informatica enables companies to unleash the power of data to fuel innovation, become more agile and realize new growth opportunities, resulting in intelligent market disruptions. With over 7,000 customers worldwide, Informatica is the trusted leader in Enterprise Cloud Data Management. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica on LinkedIn, Twitter and Facebook.
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