Worldwide Master Data Management 2007-2011 Forecast

This IDC study tracks the growth of the worldwide market for varied forms of master data management (MDM) software in 2006 and provides a five-year forecast through 2011. The market for MDM software includes both applied MDM and MDM infrastructure categories.

"MDM is a growing discipline that requires a comprehensive architectural vision to pull together a variety of technologies. It impacts processes, both upstream and downstream, often requiring organizations to gain cross-departmental consensus and participation to forge ahead with MDM projects and maintain balance over the long term,"said Sandra Rogers, program director for SOA, Web Services, and Integration research at IDC."The market is beginning to accept and take action on building out foundational IT services, as witnessed by the interest and activity in SOA. Creating a more resilient information architecture not only to address semantic reconciliation between systems but to support the more dynamic information requirements of the burgeoning area of real-time collaborative Web-based systems is sure to spark more fire for MDM and related initiatives."