Business data originates, lives, and is updated in multiple systems. This introduces a slew of potential problems: duplicate, inaccurate, or outdated data; failed cross-system communication; confusion over which system’s data should have priority; and more.
Master data resolves these problems by providing an accurate, complete, and consistent picture of the entities in your business. Using master data, you can provide the most effective service to your customers and perform the most meaningful analytics for decision-making.
To achieve master data management, you must:
Effective Master Data Management includes components of data quality, matching, integration, and sometimes more.
MIOsoft’s MDM brings these pieces together smoothly into your solution. Get MDM delivered with a streamlined solution that doesn’t add a dozen additional moving parts to the systems you’re trying to get under control.
During an MDM project, it’s not uncommon to discover that source systems have key data that is unreliable, or missing altogether. Worse, any given pair of systems might have very limited or no data in common.
But that doesn't mean the entities the systems describe are unrelated. Even a common, relatively straightforward situation like a car insurance policy can involve many entities: a vehicle, a policyholder, a policy payer, additional drivers, and more. And each entity can be involved with multiple policies.
Many solutions claim to match a pair of entities together, but you need more than that. You need to be able to identify and deduplicate entities, and then to match each entity to many others.
MIOsoft uses machine learning to deliver powerful match, merge, and relationship discovery features for entity resolution in all dimensions.
An MDM solution that’s designed for a specific domain sounds nice, until you discover that your business’s data isn’t quite what the model designer expected. Suddenly your MDM project is either incomplete, or it stalls while you undertake expensive custom development to extend the data model.
A MIOsoft MDM project is a safe bet to handle whatever data you have, even if you don't know exactly what you have yet.
MIOsoft’s domain-agnostic software can be configured in whatever ways your company needs. We expect and welcome that—we make it as easy as possible to create a solution that meets all of your needs and handles all your data, no matter how esoteric.
FOR THE SECOND CONSECUTIVE YEAR...
MIOsoft received the highest score for Master Data Management in Gartner's 2016 Critical Capabilities for Data Quality Tools report.
Gartner DisclaimerThis graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from MIOsoft.
Gartner Critical Capabilities for Data Quality Tools: Mei Yang Selvage, Saul Judah, Ankush Jain. 8 December 2016.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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At MIOsoft, we measure success by how much our customers succeed. Period.
Customers drive the development of our technology. That's why our software is head and shoulders above the rest: we did things the way that would maximize customer benefit, not the way that was easiest for us. When it became clear that "the way things are done" wasn't producing the results our customers needed, we cleared our own road.
The results speak for themselves. All the way back to our founding in 1998, our customers have implemented successful big data projects that empowered them to get better business results.
When you choose MIOsoft, you're joining eighteen years' worth of satisfied customers and bringing top-flight technology to your data.