Talend Announces First Open Source Master Data Management Solution
Acquires Technology to Complement its Successful Open Source Data Integration and Data Quality Solutions; Speeds Open Source MDM Time to Market
By: Talend Press
Organizations of all sizes need to ensure that they have “a single version of the truth” in order to have a trusted and unified view of the data on their customers, partners and employees. Unfortunately, MDM continues to be beyond the reach of most organizations. The entry point for deployment of proprietary MDM products can range from the hundreds of thousands to millions of dollars. Talend is democratizing MDM for the masses in the exact way it has done with open and cost-optimized data quality and data integration technology. It will shortly offer a free version of its open source MDM solution under the GNU General Public License as well as a commercial subscription version with value-added features and services for enterprise deployment. The new Master Data Management solutions will be available in early 2010.
“Many of the Global 5000 size organizations we work with will be delighted to see a major open source player enter the fast growth MDM market, especially at a time when organizations are doing all they can to optimize the ROI of their projects,” said Aaron Zornes, chief research officer at The MDM Institute. “Talend has a proven track record in software technology domains closely related to MDM and will also bring their open source business acumen and track record to bear in the MDM market.”
Today, most enterprises have a heterogeneous application portfolio, with fragments of often inaccurate, incomplete and inconsistent data residing in various application silos. The problem for these organizations is to provide a consistent view of their customer base, product catalog, employees, or other master data shared and used by many applications and lines of business. In recent years, Master Data Management (which allows an organization to link all of its critical data to one “master file”) has emerged as the means to more efficiently manage shared data, eliminate redundancy and create the elusive “single version of the truth.”
“We have been analyzing the MDM market for some time and sought the right fit that would easily integrate with our existing technologies. We found Amalto's technology to be a perfect match at a time when the industry is in need of a flexible solution that offers fast time-to-value,”
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Talend, the recognized market leader in open source data integration, leverages the open source model to make data integration available to all types of organizations, regardless of their size, level of expertise or budgetary constraints.