Today, Dell Software launched its next-generation Dell Boomi Master Data Management (MDM) that delivers a comprehensive set of features and capabilities in a single cloud-managed solution. This marks a fundamental shift: now mid-sized companies can take advantage of an MDM solution that simplifies data management, data integration and assurance of data quality—at a fraction of the traditional big-vendor cost.
Dell Boomi MDM offers significant realization of next-generation MDM as defined by The Data Warehouse Institute (TDWI) Best Practices Research 1, and it is a 100 percent cloud-based offering with multi-domain support, near real-time synchronization, bi-directional data flow and includes web service calls that support enriching and validating data.
“MDM tools based on software as a service (SaaS) and/or clouds are still relatively new,” said Philip Russom, research director for data management, The Data Warehousing Institute (TDWI). “Even so, there is a growing demand for and trust in cloud-based MDM tools and solutions. For example, a TDWI survey run in 2012 showed that 25 percent of organizations are planning to adopt cloud-based MDM within three years. This amounts to a potential growth rate of 20 percent, which is quite healthy given the current economy. So we can expect cloud-based MDM solutions to be in use by more organizations soon.”
Dell Boomi MDM is focused on four core steps:
- Define – Rapidly model master data entities through a visual experience with no coding necessary; use Dell Boomi Suggest, for crowd-sourced data models that can dynamically improve as the contributor community grows
- Deploy – Deploy models into the MDM repository and identify which source systems will interact with them
- Synchronize – Leverage Dell Boomi AtomSphere® to orchestrate data synchronization and design process flows designed to ensure data quality
- Govern – Govern data as it flows into the MDM system to resolve duplicates, fix data entry issues as well as identify and correct erroneous data