The cloud is the past, present, and future of enterprise computing infrastructure. Technology professionals have observed the rapid rise of the cloud for the past several years. Most companies will be in the cloud in a big way within the next few years. Issues such as compliance, bandwidth, and cost are becoming less of a concern as providers and client organizations have brought the platforms up to enterprise standards. Use of the cloud allows organizations to be more agile and meet increasing customer demands. The cloud opens up a world of service possibilities and directly impacts business results.
Organizations of all sizes are accelerating the number of applications being spread across cloud ecosystems. The demand for data to power cloud apps, improve AI models, and deliver on digital business initiatives has never been higher. This report focuses on cloud Master Data Management (MDM) as a key enabler of those initiatives.
The cloud enables enterprises to differentiate and innovate with MDM at a much more rapid pace than was ever possible before. The cloud is a disruptive technology: when compared to on-premises deployments, cloud enables elastic scalability, faster times for server deployment and application development, and reduced costs for storage.