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Oracle Corporation: Leading Analyst Firm Positions Oracle in the Leaders Quadrant for Master Data Management of Product Data


Published on 2009-07-24 05:15:39, Last Modified on 2009-07-24 05:15:50 - Market Wire
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REDWOOD SHORES, CA--(Marketwire - July 24, 2009) - Oracle (NASDAQ: [ ORCL ])

News Facts

  • Gartner's Magic Quadrant for Master Data Management (MDM) of Product Data positions Oracle in the Leaders quadrant.(1)
  • The Gartner Magic Quadrant positions vendors within a particular market segment based on their completeness of vision and their ability to execute on that vision.
  • According to Gartner, Vendors in the Leaders quadrant "have strong results and delivery capabilities and will continue to have them. They typically possess a large and satisfied customer base (relative to the size of the market) and enjoy high visibility in the market. The size and financial strength of leaders enable them to remain viable in a challenging economy. Leaders have mature offerings and a track record of successful deployments, even in the most-challenging environments, across all geographies and in many vertical industries. Leaders have the strategic vision to address evolving client requirements. However, they're not necessarily the best choice in all cases."

About Oracle Product Hub

  • Oracle Product Information Management Data Hub is an enterprise data management solution that enables enterprises to centralize all product information from heterogeneous systems, creating a single view of product information that can be leveraged across all functional departments.

Supporting Quotes

  • "Enterprises that struggle to ensure a 'single view' of product and associated product data across the enterprise in heterogeneous environments are increasing their spending on MDM initiatives, and MDM tools are seen as a primary enabler of such practices," wrote Andrew White, Research Vice President, Gartner, in the report. "MDM of product data is helping users meet their requirements for cost optimization, as well as acting as part of a platform to enable longer-term business growth strategies."
  • "Accurately managing product data across the enterprise is a key business driver for many strategic initiatives across the organization in most industries. To achieve a consistent, complete and accurate view of products and services, organizations are seeking best-in-class Master Data Management solutions with out of box data models, services, processes and integrations," said Hardeep Gulati, Vice President, PLM & PIM Product Strategy, Oracle. "In my opinion, Gartner's positioning of Oracle in the Leaders quadrant of the Magic Quadrant for Master Data Management of Product Data is a testament to Oracle's momentum. We also feel this reflects references from industry-leading companies leveraging our strong vertical product master data management capabilities."

Supporting Resources

Oracle Innovation Showcase

For more than 32 years, Oracle has been a technology innovator, transforming the way business is conducted. To learn about Oracle's latest technologies, visit the [ Innovation Showcase ] during the 100 days before Oracle OpenWorld. See [ oracle.com/innovation ] for more information.

About Oracle

Oracle (NASDAQ: [ ORCL ]) is the world's largest business software company. For more information about Oracle, please visit our Web site at [ http://www.oracle.com ].

About the Magic Quadrant

The Magic Quadrant is copyrighted 2009 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor; product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

(1) Gartner, Inc. "Magic Quadrant for Master Data Management of Product Data" by Andrew White, July 9, 2009.

Trademark

Oracle is a registered trademark of Oracle Corporation and/or its affiliates. Other names may be trademarks of their respective owners.

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