Leading Analyst Firm Positions Oracle in the Leaders Quadrant for Master Data Management of Product Data
Redwood Shores, Calif. – July 24, 2009
Gartner’s Magic Quadrant for Master Data Management (MDM) of Product Data positions Oracle in the Leaders quadrant.(1)
The Gartner Magic Quadrant positions vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.
According to Gartner, Vendors in the Leaders quadrant "have strong results and delivery capabilities and will continue to have them. They typically possess a large and satisfied customer base (relative to the size of the market) and enjoy high visibility in the market. The size and financial strength of leaders enable them to remain viable in a challenging economy. Leaders have mature offerings and a track record of successful deployments, even in the most-challenging environments, across all geographies and in many vertical industries. Leaders have the strategic vision to address evolving client requirements. However, they're not necessarily the best choice in all cases.”
About Oracle Product Hub
Oracle Product Information Management Data Hub is an enterprise data management solution that enables enterprises to centralize all product information from heterogeneous systems, creating a single view of product information that can be leveraged across all functional departments.
“Enterprises that struggle to ensure a ‘single view’ of product and associated product data across the enterprise in heterogeneous environments are increasing their spending on MDM initiatives, and MDM tools are seen as a primary enabler of such practices,” wrote Andrew White, Research Vice President, Gartner, in the report. “MDM of product data is helping users meet their requirements for cost optimization, as well as acting as part of a platform to enable longer-term business growth strategies.”
“Accurately managing product data across the enterprise is a key business driver for many strategic initiatives across the organization in most industries. To achieve a consistent, complete and accurate view of products and services, organizations are seeking best-in-class Master Data Management solutions with out of box data models, services, processes and integrations” said Hardeep Gulati, Vice President, PLM & PIM Product Strategy, Oracle. “In my opinion, Gartner’s positioning of Oracle in the Leaders quadrant of the Magic Quadrant for Master Data Management of Product Data is a testament to Oracle’s momentum. We also feel this reflects references from industry-leading companies leveraging our strong vertical product master data management capabilities.”
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