BOSTON, MA, November 18, 2015 -- Orchestra Networks, the Master & Reference Data Management vendor, today announced it has been positioned by Gartner, Inc in the “Challengers” quadrant in the Magic Quadrant for Master Data Management of Product Data Solutions report, published November 12, 2015 by Andrew White, Bill O'Kane, Terilyn Palanca and Michael Patrick Moran. This magic quadrant assesses the market for Master Data Management solutions for product data and positions vendors according to their ‘Ability to Execute’ and ‘Completeness of Vision’. Gartner defines Master data management (MDM) as the “technology-enabled discipline in which business and IT work together to ensure the uniformity, accuracy, stewardship, semantic consistency and accountability of the enterprise’s official shared master data assets. Master data is the consistent and uniform set of identifiers and extended attributes that describes the core entities of the enterprise including customers, prospects, citizens, suppliers, sites, hierarchies and chart of accounts.” MDM of product data solutions are software products that:
- Support the global identification, linking and synchronization of product information across heterogeneous data sources through semantic reconciliation of master data
- Create and manage a central, persisted system of record or index of record for master data
- Enable delivery of a single product view to all stakeholders, in support of various business benefits
- Support ongoing master data stewardship and governance requirements through workflow- based monitoring and corrective action techniques
“Master data management is the only organizational focus for Orchestra Networks that’s why it’s an honor to be positioned as the only other Challenger in the Gartner Magic Quadrant for Master Data Management of Product Data Solutions.” said Christophe Barriolade, President and CEO of Orchestra Networks. “It’s great to see our solution (EBX5) ranked in both Gartner Magic Quadrants for Master Data Management--we’re the only visionary in Customer MDM--and positioned higher than some of the mega-vendor offerings.”
About Orchestra Networks
Orchestra Networks (www.orchestranetworks.com) is a leading pure-play, independent master and reference data management software solution provider. The software, EBX5, enables business and technology users to model, master, govern and connect master data as diverse as customer, product, supplier, finance, HR, reference data, and more in a single end-to-end solution.
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