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Returning to our EDM Roots in 2020: Kalido Name Re-Emerges

The Kalido Comeback: Magnitude Reintroduces Kalido Name for Award-Winning Data Management Suite

At the edge of a new decade where data and its management (and governance) is more important than ever, we’ve heard the call of our customers to return the Kalido name to our Magnitude Data Management Suite. Kalido products, capabilities – and the moniker itself – remained firmly entrenched as a trusted name in the market, including earning top scores for technology and customer satisfaction in the Information Difference MDM Landscape 2019 Report.  All that, plus a “Strong Performer” position in The Forrester Wave™: Master Data Management Solutions, Q1 2019 convinced us to return to our solutions’ brand roots, refreshed with an updated logo.

Let’s rewind 15 years to the beginning of Kalido. The name stems from Kaleidoscope, which describes consistently changing patterns. The genesis of Kalido was in the desire to solve data management problems for large global companies. Our early customers, such as Royal Dutch Shell and Unilever, were dealing with an evolving application landscape; they needed a technology solution to keep up with the dynamic change. In fact, the first Kalido implementation was a data warehouse automation solution for tracking sales in Shell’s convenience stores. Shell has since relied on Kalido for a shared product master data management (MDM) system.

According to Royal Dutch Shell:

“Kalido gives us fast access to vital, global product master data, ensuring maximum efficiency in R&D.”

Today, this trend has only been exacerbated with the growth in SaaS technologies and the complexity of managing more and more data sources. This issue is no longer confined to very large enterprises as many small and large businesses are grappling with managing the unbundling of monolithic ERP applications and the corresponding data fragmentation with the transition to cloud-based apps. As such, there’s a heightened need to meet the continuous change in achieving a single view of data for reporting and to uncover critical insights across an increasingly fragmented application landscape. This vast data management opportunity is further fueling the growing customer demand for our Kalido solutions.

Our customer-centric approach to helping businesses manage data – including metadata – as a strategic enterprise asset sets us apart. We recently launched Kalido MDM 11 with industry-leading innovations with one goal in mind – to provide the best value to our customers. We’re working on more enhancements for our next version to be released this year. Stay tuned!

To see Kalido MDM in action, watch our videos that show off the new functionality and UI.

The Role of MDM in the Developing IT Landscape

I recently read an article from Bob Violino about The Growing Complexity of Data Integration. The article is in regard to organization’s deprecating functionality traditionally supported by monolithic ERP systems in favor of best-of-breed, cloud and SaaS based applications. This fracturing of core ERP functionality will create an even more complicated IT landscape fraught with data integration challenges.  Read more

Announcing Magnitude ONE

As readers of this blog are aware, we have frequently discussed a variety of topics related to master data management. Over the course of the last decade we’ve enabled a good number of companies to deliver better reference and master data, across all domains (customer, product, financial, supplier, employee, etc.), and for operational as well as analytical systems. You can read about a few of them here. Read more

MDM Architectural Styles: Domains Matter

In a previous blog I discussed the four primary MDM architectural styles: consolidated, registry, coexistence, and transactional. In case you missed it, read it here: MDM Architecture Styles – Do you have the right mix? Each has their individual strengths and weaknesses, but no single MDM architectural style is ideal for every application.  Read more

Data Quality & User Overrides: Shut Up and Take My Money!

Last Tuesday a data quality vendor put out a blog post “Companies need to be educated on data quality” that essentially said that companies need to be educated in data management.    Read more

Event: Kalido Customer & Partner Meeting

This week, we look forward to hosting a Customer & Partner Event for the EMEA region at the Hempel Hotel in London. Read more

Single Versions of the Truths

I just finished reading a blog by Forrester’s Connie Moore, “Do You Have a Single Version of Process?” on the Information Management website.  Read more

Why some Data Quality and MDM tools undermine Data Governance

If you ask most people involved with information management and data governance if they understand data quality you would get a resounding “yes!”  However, the true definition of what constitutes quality data is a very complex and subtle one.  Data that is “high quality” for the purpose of, say, operations may be nearly useless for the purpose of invoicing.  In other words, data quality really is relative to the business process that will use the data. Read more

Great American Insurance and the journey to MDM

We’ll be at the 2012 MDM & Data Governance Summit in NYC next week presenting not once, but twice on Monday. First up will be our resident data governance expert Mike Wheeler discussing how to use MDM to speed data-centric decision making. Read more

Data Management is a Business Process

I’ve been in and around the data space for over 15 years now, first with Hyperion Software helping finance departments consolidate their financial data. Hyperion understood that Consolidation was a process, not just a set of numbers. We needed to do currency conversions, inter-company eliminations, etc. to deliver a set of financials that could pass regulatory scrutiny. Read more