Orchestra Networks a Visionary in 2014 Gartner Magic Quadrant for Master Data Management
BOSTON, MA, October 31, 2014 — Orchestra Networks, a leading multidomain Master and Reference Data Management (MDM/RDM) solution provider, today announced it has been positioned by Gartner, Inc. in the "Visionaries" quadrant in the "Magic Quadrant for Master Data Management of Customer Data Solutions" report, published October 30, 2014 by Bill O'Kane and Saul Judah. This magic quadrant assesses the market for Master Data Management solutions for customer 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 customer data solutions are software products that:
Support the global identification, linking and synchronization of customer 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 customer 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
Over the past year Orchestra Networks has expanded upon its strong vision for data governance, stewardship and business-user accessibility with the introduction of new information governance and visualization features. "We are honored to be positioned as a visionary in the Gartner Magic Quadrant for Master Data Management of Customer Data Solutions," said Christophe Barriolade, President and CEO of Orchestra Networks. "While our solution, EBX5, enables organizations to model, manage and govern any domain of master and reference data, our customers are increasingly applying EBX5 to the management of complex parties such as customers, counterparties, legal entities, suppliers, employees and their hierarchies."
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.
About the Magic Quadrant Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.