Data management has gone through significant changes in the 20 years that I’ve been in this business. Data emerged out of the lockboxes of disparate legacy transactional systems, and data management came to be a separate and sophisticated discipline enabled by advanced software and hardware. Gone are the days when most people needed to be convinced that data is a valuable asset. Through three recessions (1990, 2001, 2008), the data management industry marched forward nearly unscathed; spending continues to increase faster than overall IT spending. Read more
It’s not surprising that to new comers, data governance seems very fuzzy and unwieldy. Terms like rules, policies, procedures, standards, process, data quality, security, decision rights, and accountability have been used commonly to describe various aspects of data governance. At first blush, they appear to be a collection of disconnected concepts. Read more
On Tuesday, we announced the Kalido Data Governance Director, a new product that will enable companies to operationalize their data governance programs. As is our heritage, we are taking a more strategic view, creating a “tops down” data policy driven system that will give companies the ability to manage data policies, operationalize data governance processes and measure and improve policy compliance. This new product does something no product in this market does; it considers data, systems and business processes in context so policies are comprehensive and meaningful. Read more
As we moved from our market prototype to design, we had to ask ourselves one critical thing up front; where should we focus our efforts? As we scanned the market, we saw what people were calling “data governance”. Typically MDM applications with a business user interface that would give them the ability to “see” master data. We know that governance is more about the intersection of data, process and systems- all in the context of organization. Without this level of context, wouldn’t you just be getting another way to manage data? Read more
The single biggest challenge for any software company is deciding what should go into their products. As we thought about the data governance, we considered the options; do we build on top of our existing MDM product or start from scratch? Most of the vendors we compete with in the MDM market were planning on extending MDM, but we felt this was a flawed strategy. Why? Because MDM is repository-centric and focused on managing master data only. We believed that in order to build an effective data governance product, we needed to consider ALL data, as well as business process and organizational context. Read more
In a conversation with a respected analyst last week, we concurred that as a business practice, data governance has just crossed the chasm and entered early mainstream adoption. Like exercising, flossing and recycling, most organizations have come to believe that data governance is a good thing. But it doesn’t mean every organization will do it. Read more
In the midst of one of the worst economic recessions in recent times, we were thinking about a new direction for Kalido. Why? Our core products have done a great job in solving some major customer problems, and our newest products were making it easier than ever to implement and deploy a Kalido environment. Even with this momentum, the data warehousing market was slowing and the MDM market was evolving to be a feature set in a broader stack. Read more
August 20, 2008. It started on this day. As I thought about the future of Kalido, I wrote down what I thought were it’s core assets; it’s people, it’s customers and our ability to support better data throughout the enterprise. I’d recently read some great things from Gwen Thomas at the Data Governance Institute, and as I learned more about data governance, I realized what a great fit it was for Kalido. We’ve always managed and tracked data at multiple levels; we understand the workflow necessary to support changes to data, and our business model makes us very business friendly. Read more
Magnitude Software is a leading provider of Enterprise Information Management software that is driving real business value for more than 600 active enterprise customers, with over 200,000 users in 100 countries. Our family of award-winning products enable customers to rapidly deliver business intelligence, data warehousing, master data management, reporting and analytics solutions.
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