Gartner Positions Oracle in Leaders Quadrant for Master Data Management of Product Data Solutions

Wed Jan 16, 2013 8:00am EST

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  REDWOOD SHORES, CA, Jan 16 (Marketwire) -- 

    News Facts

--  For the fourth consecutive year, Gartner, Inc. has named Oracle as a
    Leader in its "Magic Quadrant for Master Data Management of Product
    Data Solutions." (1)
--  Gartner's Magic Quadrant reports position vendors within a particular
    quadrant based on their completeness of vision and ability to execute.
--  According to Gartner, "Leaders demonstrate strong results and delivery
    capabilities. They typically possess a large, satisfied customer base
    (relative to the size of the market) and enjoy high visibility in the
    market. Their size and financial strength enable them to remain viable
    in a challenging economy. Leaders have mature offerings and track
    records of successful deployments, even in the most challenging
    environments, across all geographies and in many industries. Leaders
    have the strategic vision to address evolving client requirements;
    however, they are not always the best choice."
--  "MDM is a technology-enabled discipline in which business and IT staff
    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, such as customers, prospects, citizens,
    suppliers, sites, hierarchies and chart of accounts," according to
--  Gartner continued, "Gartner's Magic Quadrant for MDM of Product Data
    Solutions provides insight into the portion of the constantly evolving
    packaged MDM systems market that focuses on managing product data to
    support customer and product oriented strategies spanning supply chain
    management (SCM), enterprise resource planning (ERP), e-Commerce,
    Procurement and product life cycle management (PLM) applications."
--  By enabling organizations to consolidate product information from
    heterogeneous systems, Oracle Product Hub creates a single view of
    product information that can be leveraged and shared across functional
    departments in the enterprise, as well as externally with trading
--  The Oracle Product Hub leverages Oracle Enterprise Data Quality to arm
    organizations with high quality, trusted data for any enterprise
    application that drives better business decision-making and enables
    companies to bring new products to market faster, manage product
    information efficiently and provide a consolidated view across the
--  Oracle Product Hub is part of Oracle Master Data Management that also
    includes Oracle Customer Hub, Oracle Supplier Hub, Oracle Site Hub,
    Oracle Data Relationship Management, Oracle Enterprise Data Quality
    and their vertical variants. It is the most complete, best-in-class,
    MDM offering on the market, and helps customers consolidate and
    maintain complete, accurate, and authoritative master data across the
    entire enterprise.


Supporting Quote

--  "In any product company, accurate product information is a foundation
    for all major business initiatives, and this requires a robust,
    comprehensive and flexible product MDM solution," said Jon Chorley,
    vice president, supply chain management product strategy, Oracle. "We
    believe Oracle's position in Gartner's Magic Quadrant for Master Data
    Management of Product Data Solutions highlights our ability to provide
    best-in-class functionality across the industry's most complete MDM
    portfolio. By using Oracle MDM solutions, companies can obtain a
    high-quality, common enterprise product record and are better able to
    support their key business initiatives."


Supporting Resources

--  Magic Quadrant for Master Data Management of Product Data Solutions
--  Oracle Master Data Management
--  Join the Oracle Master Data Management online community: MDM Blog


(1) Gartner, Inc., "Magic Quadrant for Master Data Management of
Product Data Solutions," by Andrew White, Bill O'Kane, November 21, 2012

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