The science of managing information about products has existed for decades, although, Product Information Management (PIM) is a relatively new branch of Data Management. Historically, the solutions required to manage product content have been complex, since that data has multiple touch-points and affects the 3 pillars – People, Process and Technology. With a shift in the industry to promote business-focused, data-driven organizations, PIM was invented with a purpose to ease the collection, management and syndication of data, in a simple, easy and concise manner. However, there are still some myths from its past. Read more
Running your business and analyzing results with accurate and consistent data is mission critical, yet most organizations struggle with bad data. An IBM study estimates that $3.1 Trillion of America’s GDP is lost due to bad data and 1 in 3 business leaders don’t trust their own data.
Now that the initial GDPR deadline has passed, what are companies doing to ensure that they have the steps in place to operationalize compliance?
A recent Gartner report, 2018 Strategic Roadmap for Postmodern ERP, describes how today’s organizations tend to focus on monolithic, vendor-first Enterprise Resource Planning (ERP) strategies that do not support their digital business initiatives. The report further recommends a postmodern ERP strategy that includes the integration of differentiated and innovative capabilities that are beyond the core strengths of the common ERP platforms. Read more
Magnitude was founded on a base of strong ERP knowledge (Noetix), acquired more (Datalytics Technologies), and has recently been accelerating investment in the SAP ecosystem (SourceConnect product) and the purchase of Innowera and Every Angle. With that in mind, I finally got around to reading the Gartner report 2018 Strategic Roadmap for Postmodern ERP by Paul Saunders, Denise Ganly, and Mike Guay. This report states that organizations tend to focus on monolithic, vendor-first ERP strategies that do not support digital business initiatives and recommends a postmodern ERP strategy that includes the integration of differentiated and innovative capabilities that are beyond the core strengths of the common ERP platforms. Read more
At this year’s Strata Data Conference, Magnitude unveiled its breakthrough data connectivity solution, Magnitude Gateway with customers and partners. We caught up with data analytics thought leader and TreeHive Strategy principal, Donald Farmer on his perspective on data connectivity and Magnitude’s new offering. Read more
I’ve worked with the Kalido heritage products since the late nineties. Sometimes I’m asked how being part of Magnitude has helped our products like Magnitude DIW and Magnitude MDM. One of the first examples was using the Noetix METL connectors to automatically build the semantic layer for some of the business intelligence tools. We used to use another method to do this that we had to pay extra for and didn’t fully control. If a customer asked us to change something, we had to raise the issue with the provider we used and then were at the mercy of their schedule to implement it (and in the worst case, sometimes denied the request). Fast forward to using METL, we now control the end to end process and could take advantage of other BI tools that METL supports in the future. Read more
Businesses are creating data at an explosive rate. Accessing that data from countless sources – in the cloud, on premises, from IoT devices and apps – or via hybrid environments in and of itself, is difficult at best. And the ease of putting that data to good use within popular business applications is practically impossible. Both these challenges require reliable and efficient data connectivity … a struggle for almost every organization. In part, and quite frankly, this is due to the fact that managing connectivity solutions takes useful resources away from other business, IT and product development requirements. Read more
Keeping your content up to date is table stakes for delivering a good customer experience for any commerce business. As such, leading brands rely on dynamic content to power their commerce sites to deliver pages to users. Without it, they would need to dedicate enormous resources to pre-generate all of their unique content.
Today, the ability to integrate dynamic content into your website can be easily achieved, whether you’re a small business or a global commerce brand. Using dynamic content in Agility means you can be confident that your copy is right whenever it’s published. Read more
Some of the most frequently asked questions we hear from our customers are:
- Why do I need another MDM application?
- What are the differences between MDM and PIM?
- Do I really need an MDM and a PIM solution?
In many ways, these questions are based upon a faulty assumption, namely that product data management (PIM) and Master Data Management (MDM) are the same thing. While are closely related, but they are most certainly not the same – at least if you subscribe to our definitions of PIM and MDM. In our view MDM has several goals: Read more