One of the outcomes of the recession has been that a lot of
companies have cut back on long-term projects, especially where
ROI may not be clear. And talking to various people it is clear
that one of the areas so hit has been large hub-based MDM
projects. That is because these typically take 18 months to 2
years to implement, require a lot of investment in time and
money, and the benefits are a long way in the future.
However, that doesn’t mean that people
aren’t still interested in MDM. But what it has
meant is an increased focus on quick wins that can be attained
either through adopting a registry-based MDM solution, which
perhaps takes as little as a couple of months to implement, or by
focusing on data quality in the first instance.
This isn’t to say that these companies
aren’t still interested in moving to a hub-based
approach at a later stage, they may well be. But, equally, they
may not. Or it may have slipped down their priority list.
Perhaps more interesting is what will happen next. My guess is
that a lot of companies are going to continue to be careful about
their commitments for some time to come. A double-dip recession
is still not out of the question. So, while IT budgets may be
growing I would expect many companies to continue to look askance
at long-term projects.
By the time we are well and truly out of recession it will
probably be around three years total. The question is: will the
mindset around MDM have been permanently changed during that
time? Personally, I hope so. I have always felt that vendors were
too eager to push the hub-based message and that too few users
were taking a more incremental approach by starting at the
registry level.
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