One of the questions that are likely to come up when considering master data management software solutions is going to be, how can we implement any solution that will address our master data management challenges?
There are of course myriad ways of implementing systems, depending on the technology stacks, age, and priority of the software product or solution vendor that you are working with.
I say this because historically the oldest master data management solution vendors started out with either mainframe or client-server implementations of their products. The plumbing of that solution therefore may be very old.
This is not to say that on-premise or an older and established MDM software solution is bad, it is simply to say that the technology stack and the existing investment that an older vendor has made in their platform, supports packaging it up into an installer or image that you can implement on-premise.
Pretectum is a SaaS product
The Pretectum CMDM is built with the latest shared infrastructure technologies, this has been done to ensure that we can keep the price of the solution low, the versions in use, up to date, and consistent across all customers, and the varieties of supported implementation styles to a minimum.
This means, unfortunately, that while your data may be on-premise in your other systems of record, the only way that you could use the Pretectum CMDM is by connecting it to your other systems across the internet.
While the prospect of having your customer master data contained in a repository that is not on-premise may be a scary prospect, you can rest assured that we’ve made every effort to secure the data in a number of ways that makes it probably more secure than the customer data that you have on-premise!
Pretectum’s CMDM also supports the four most common master data management software solution implementation styles, namely: Consolidated, Registry, Coexistent and Centralized. You can learn more about the different approaches from a previous post.
If you’re a small-to-midsize business that is budget conscious and looking for a less hands-on approach, you might consider cloud-based.
Daniel Munk President at FenceCore IT Solutions
5 reasons SaaS is better than on-premise
Consider how much it costs your business to source hardware either through outright purchase or lease, and build out or maintain a data center or server room with uninterruptible power and redundant network connectivity. With SaaS, you pay a monthly fee which includes the provisioning and the availability of the platform.
What do you do when the hardware that you have is now inadequate because you’ve outgrown the initial implementation or the latest version of the software needs more resources?
That’s a good problem to have on face value, it means your business is growing or that the software vendor is producing new versions of their software.
Nonetheless, who will do the backups and restores and the upgrade migration to the new platform and how do you accommodate the budget and investment in the new hardware and the supporting the migration?
With SaaS, there isn’t a backup and restore or scaling issue.
The SaaS platform is continuously operational and backed up and the implementation of new versions is done with regression testing at the forefront of any changes done to the platform. The need for full data recovery is a very rare event. Even when recovery is required, the SaaS vendor is responsible for making that happen.
As for scaling, modern SaaS platforms like the Pretectum CMDM are designed to scale to thousands of different customer implementations with hundreds of millions of customer records in each customer implementation. No need to worry about database administration on this front either, since that’s a task for the SaaS development and operations team.
Additional Reading
I thought that the following articles might prove to be valuable for you in exploring more about why a SaaS platform is different and might be better for your requirements.
- cloud-based-vs-on-premise-servers from Daniel Munk President at FenceCore IT Solutions on the Forbes Tech Council.
- SaaS vs On-Premises: Choosing the Right Enterprise Solutions by Victor Maia
CMO as a Service @Hack4Change, Head of Community @SaaSholic, and Community Manager for Team GaryVee Brazil. - SaaS vs On-Premise By Priya Pedamkar with a nice Infographic!
- Cloud Vs SaaS Vs On-Premise Deployment: Pros & Cons by Technology Evaluation
Contact us today to learn more about why we think the Pretectum CMDM platform for Customer master data management may be the best choice for your business.