SAP: named leader in “Master Data Management” by an independent research firm
WALLDORF – SAP SE (NYSE: SAP) announced today that it has positioned itself as a leader in “The Forrester Wave â¢: Master Data Management, Q4 2021. ”
Forrester Research Inc., one of the world’s leading research and consulting firms, researched, analyzed and rated 15 vendors and named SAP a leader. The report analyzed the SAP master data governance and noted its “good large-scale multidomain MDM capabilities” as well as its “predefined data models, business rules, workflows and user interfaces to support MDM deployments.” The 24 scoring criteria used by Forrester Research covered three categories: current offering, strategy and market presence.
The report states that SAP “supports a multidomain MDM solution for on-premises, private and public cloud deployment with quality, management and governance capabilities” and “focuses on expanding cloud services, increased automation and intelligence, and more integrated data delivery. management solutions. ”
The Forrester report points out that “the main customers of reference have had positive feedback on SAP [Master Data Governance]”, a customer noting that” SAP [Master Data Governance] implementation has given us better government control and streamlined efficiency. ”
âIn our digital economy, having correct, complete and timely views of data is paramount for success,â said Dr Andreas Doehrn, head of master data management engineering, SAP. âSAP Master Data Governance improves the quality and consistency of information by centrally consolidating and governing the master data lifecycle. We believe that Forrester’s recognition of SAP as a leader in this assessment is a testament to our robust data solutions and the benefits we bring to our customers. ”
Within the framework of SAP business technology platform, SAP Master Data Governance enables organizations to create a single source of truth by uniting SAP and third-party data sources and mass processing additional mass updates on large volumes of data. Customers can establish a consistent and harmonized master data management strategy across all areas to simplify business data management, increase data accuracy, and reduce total cost of ownership.
To learn more about the SAP ranking, Read the full report here.
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