Magnitude Kalido - Detailed Review
Data Tools
Magnitude Kalido - Product Overview
Magnitude Kalido MDM Overview
Magnitude Kalido MDM, a product from Magnitude Software (now part of insightsoftware), is a comprehensive Master Data Management (MDM) solution that helps enterprises manage and govern their data effectively.Primary Function
The primary function of Magnitude Kalido MDM is to integrate, harmonize, and govern both master data and reference data from multiple sources. This includes combining data into a single, accurate “golden copy” that can be used across various business processes, ensuring data consistency and accuracy.Target Audience
Magnitude Kalido MDM is targeted at enterprises of all sizes, including midmarket organizations, value-added resellers (VARs), and systems integrators. It is particularly beneficial for large and complex organizations that need to manage extensive amounts of data from various sources.Key Features
Data Modeling
Kalido MDM offers rich modeling constructs that support real-world business environments. It allows domain-agnostic modeling, matching, and mapping capabilities, reducing the need for manual stewardship. The platform can visually model common and obscure domains without requiring costly customizations.Collaboration and Governance
The solution provides audience-specific interfaces for active, role-based involvement. It includes sophisticated workflow and model-driven APIs that enable real-time collaboration among users. Policy-driven governance ensures executive involvement and control over data management processes.Universal Access and Management
Users can access the system from mobile devices, web browsers, analytical, and operational applications. The platform supports change management capabilities to manage the master data lifecycle, including audit, validation, and security features.Customization
Kalido MDM allows the creation of custom ‘MDM Apps’ to support specific business processes. This flexibility enables data stewards, data providers, and business users to perform customized tasks to manage master and reference data.Data Harmonization and Integration
The solution integrates and harmonizes external and internal reference data, such as industry codes, entity identifiers, and units of measure. It also visually manages and browses multiple views of data, handling re-organizations and creating a centralized master data authoring system. By providing these features, Magnitude Kalido MDM helps organizations achieve operational efficiencies, cost savings, and improved reporting and compliance, ultimately leading to better business outcomes. Magnitude Kalido - User Interface and Experience
User Interface
Model-Driven Interface
Hierarchy Management
Customization
Ease of Use
User-Friendly Design
Enhanced Usability
Overall User Experience
Universal Access
Collaboration and Workflow
Audit and Security
Conclusion
Magnitude Kalido - Key Features and Functionality
Magnitude Kalido MDM Overview
Magnitude Kalido MDM, a master data management solution offered by Magnitude Software, is packed with several key features and functionalities that help organizations manage and govern their data effectively. Here are the main features and how they work:
Data Modeling and Integration
Kalido MDM allows users to define and model critical business information across various domains such as customer, product, financial, vendor, or location. This domain-agnostic modeling capability enables the integration of data from multiple sources, reducing manual stewardship and accelerating data integration.
Data Harmonization
The solution combines multiple data sources into an integrated, unambiguous “golden copy” record. This harmonization ensures that the data is consistent and accurate, which can be fed to various business processes and systems such as CRM, ERP, and other enterprise applications.
Reference Data Management
Kalido MDM helps integrate and harmonize external and internal reference data, such as industry codes, entity identifiers, country codes, and units of measure. This ensures that information is categorized consistently across different systems.
Hierarchy Management
The tool allows for the visual management and browsing of multiple different views of data for different uses across systems. This is particularly useful for handling reorganizations and ensuring data remains organized and accessible.
Central Master Data Authoring
Kalido MDM provides a centralized master data authoring system where new records can be created, custom business rules can be applied, and then published to consuming operational systems. This ensures that data is governed and maintained centrally.
Data Lineage and Audit
The solution offers data lineage and activity reporting, providing comprehensive control over end-to-end data-driven processes. This feature helps in tracking the origin and movement of data, ensuring transparency and compliance.
User Interface and Customization
Kalido MDM features a model-driven interface where user interface screens are generated based on the model elements. It also supports the creation of custom ‘MDM Apps’ to enable data stewards, data providers, and business users to perform specific tasks tailored to their business processes.
Integration with Leading Systems
Magnitude Kalido MDM integrates with dozens of leading systems through the Scribe Online integration platform as a service (iPaaS). This includes systems like Microsoft Dynamics, NetSuite, Salesforce, and Oracle E-Business Suite, ensuring seamless data flow and consistency across various applications.
Data Matching and Validation
The solution includes a specialized data matching engine and an optional worldwide address validation component. These features help in ensuring that customer data is accurate and consistent, which is crucial for targeted marketing and customer service.
Operational Efficiency and Cost Savings
By automating data management processes, Kalido MDM reduces the time and effort required for manual or complex data management tasks. This leads to operational efficiencies, cost savings, and improved business outcomes such as higher revenue potential through better customer insights.
Advanced Technological Features
While the sources do not explicitly mention the integration of AI into the product, the automation capabilities and the specialized data matching engine suggest advanced technological features that streamline and improve data management processes. However, without specific information on AI integration, it is not possible to detail how AI is used in Kalido MDM beyond these automated functionalities.
Magnitude Kalido - Performance and Accuracy
Performance
Magnitude Kalido MDM is praised for its ability to integrate and harmonize data from multiple sources, creating a single, trusted “golden copy” of master data. This integration capability accelerates the process of combining data, reducing manual stewardship and the time required to support complex data management processes.
The solution allows businesses to model multiple data entities and domains, such as customer, product, financial vendor, supplier, or location, within a single platform. This flexibility and domain-agnostic modeling help in streamlining global reporting and providing accurate visibility into business performance.
Kalido MDM also enhances operational efficiencies by automating data governance processes, routing invalid data for correction, and enforcing workflow approval processes. This automation ensures that data is accurate, integrated, and governed, which is crucial for making informed business decisions.
Accuracy
One of the primary benefits of Kalido MDM is its ability to ensure data accuracy. By creating a centralized master data authoring system, it helps in applying custom business rules and publishing validated data to operational systems. This process minimizes the risk of using incorrect or outdated data, which can lead to significant financial losses.
The solution’s data harmonization capabilities are particularly effective in ensuring that data from various sources is consistent and reliable. It manages reference data such as industry codes, entity identifiers, and units of measure, which helps in categorizing information accurately across different systems.
Limitations or Areas for Improvement
While Kalido MDM offers significant advantages, there are a few areas where it might require additional consideration or improvement:
Implementation and Integration
While the solution is flexible and powerful, implementing it may require substantial effort and resources, especially in large and complex organizations. Ensuring seamless integration with existing systems and processes can be challenging.
User Adoption
As with any new system, there might be a learning curve for users. Ensuring that all stakeholders are trained and comfortable using the new MDM system is crucial for its successful adoption and to avoid resistance to change.
Cost
The pricing for Kalido MDM is available upon request, which might indicate that it could be a significant investment. This could be a barrier for smaller organizations or those with limited budgets.
In summary, Magnitude Kalido MDM is a strong performer in the data tools category, particularly in terms of integrating and harmonizing data, ensuring accuracy, and automating governance processes. However, it is important to consider the potential challenges related to implementation, user adoption, and cost.
Magnitude Kalido - Pricing and Plans
Pricing Structure of Magnitude Kalido
Overview
The available information regarding the pricing structure of Magnitude Kalido is limited, with no explicit details on different tiers or free options.
Pricing Details
- The pricing for Magnitude Kalido is not publicly disclosed. Instead, it is mentioned as “upon request,” indicating that potential customers need to contact the company directly to get a quote.
- There are no specified tiers or plans outlined in the available resources. The focus is more on the features and capabilities of the platform, such as multidomain modeling, automation of governance and control of master data objects, and the ability to customize workflow to control MDM business processes.
Recommendation
Given the lack of detailed pricing information, it is best to reach out to Magnitude Software directly for a customized quote that aligns with your specific business needs.
Magnitude Kalido - Integration and Compatibility
Magnitude Kalido Master Data Management (MDM)
Magnitude Kalido Master Data Management (MDM) is designed to integrate seamlessly with various tools and systems, ensuring compatibility across different platforms and devices. Here are some key points regarding its integration and compatibility:
Integration Capabilities
- Magnitude Kalido MDM can combine data from multiple sources, including external and internal reference data such as industry codes, entity identifiers, and units of measure. This data harmonization capability allows for the creation of a unified “golden copy” record that can be used by consuming systems to feed business processes.
- The platform supports model-driven automation, which extends to the business intelligence (BI) semantic layer for systems like IBM Cognos. This ensures that reports and BI applications are rapidly deployed and kept up to date as the data warehouse foundation evolves.
- Kalido MDM provides a REST API based on the OData standard, which enhances integration with middleware and systems that provide and consume master data. This API facilitates smoother interactions between different systems.
Compatibility Across Platforms and Devices
- Magnitude Kalido MDM is highly adaptable and does not constrain companies to a specific data domain. Instead, it allows companies to build custom models of information that reflect their unique business requirements. This flexibility ensures that the MDM solution can be integrated into various business environments.
- The platform offers a user-friendly interface that can be accessed via web browsers or mobile devices, making it accessible to users across different departments and locations. This ensures that users can manage the data they are responsible for from any device.
- The Kalido MDM Workbench, an add-on module, includes pre-built, model-driven objects that enable developers to create custom interface screens for more process-driven MDM applications. This enhances the platform’s compatibility with various operational processes.
Usability and Efficiency
- The new hierarchy management interface with drag-and-drop editing and the trusted login capability for MDM Consumer interface users improve usability and efficiency. These enhancements make it easier for administrators to handle and manage subtypes in the MDM model, ensuring smoother integration and operation across different user groups.
Overall, Magnitude Kalido MDM is engineered to be highly integrative and compatible with a wide range of systems, platforms, and devices, making it a versatile solution for managing master data in diverse business environments.
Magnitude Kalido - Customer Support and Resources
Customer Support
Technical Support
For technical support, existing Kalido customers can reach out to the fully staffed support team. You can submit a request for support through the designated support portal or contact them directly.
Support Hours
- Americas: Typically from 8:30 AM to 5:00 PM (EDT/EST), Monday to Friday, excluding regional national holidays.
- EMEA: Usually from 8:30 AM to 5:00 PM (GMT/BST or CET), Monday to Friday, excluding regional national holidays.
Additional Resources
- Customer Support Community: Kalido customers have access to a customer support community where they can find answers to common questions, share experiences, and get help from other users and support staff.
- Product Documentation: Comprehensive product documentation is available for Kalido MDM and DIW solutions, providing detailed guides and manuals to help users get the most out of the software.
- Training Options: insightsoftware offers various training options to help users learn and master the Kalido products. These include online training sessions, webinars, and other educational resources.
- Software Downloads: Existing customers can download the latest releases of Kalido software via the Kalido Support Center.
Contact Information
For additional software licenses or other inquiries, you can contact the support team using the provided phone numbers or by submitting a form on the insightsoftware website. For example, you can call 1 (919) 872-7800 for licensing inquiries.
These resources are designed to provide comprehensive support and ensure that users can effectively manage and utilize the Kalido MDM and DIW solutions.
Magnitude Kalido - Pros and Cons
Advantages
Unified Data Governance and Management
Kalido MDM offers unified data governance, data quality, and MDM capabilities, allowing for the integration and harmonization of external and internal reference data across various systems.
Flexible and Adaptive Modeling
The solution provides domain-agnostic modeling, enabling companies to adapt the MDM to their specific business needs without being constrained to a particular data domain. This includes rich modeling constructs and the ability to visually model various domains without costly customizations.
Real-Time Collaboration and Workflow
Kalido MDM features sophisticated workflow and model-driven APIs that enable real-time collaboration among users. It also includes policy-driven governance, allowing for executive involvement and active, role-based user participation.
Universal Access and Change Management
Users can access the system from mobile devices, browsers, and other applications, with seamless change management capabilities to support the master data lifecycle. This includes audit, validation, and security features managed efficiently.
AI-Powered Functionality
The platform incorporates AI-powered features that work across hybrid and cloud environments, enhancing data stewardship and automation capabilities.
Cost Savings and Operational Efficiency
Kalido MDM helps in reducing operational costs and improving efficiency by streamlining data management processes, reducing manual stewardship, and providing a single, go-to resource for all departments.
Disadvantages
Steep Learning Curve
Users have reported that Kalido MDM can be difficult to set up and configure, with a steep learning curve due to the vast feature set and the user interface hiding many powerful options.
Limited Support Options
There have been reports of limited support options and lackluster customer service, which can be a significant drawback for some users.
User Interface Issues
The user interface has been described as lacking in some areas, with some features being difficult to fine-tune and use. Additionally, the interface can be seen as mediocre and not very intuitive.
Integration Challenges
Some users have found it challenging to integrate Kalido MDM with other tools, which can hinder the overall effectiveness of the solution.
Community Support
There is a noted lack of community support and quality documentation, which can make troubleshooting and optimization more difficult.
Summary
In summary, while Magnitude Kalido MDM offers significant advantages in terms of data governance, flexibility, and real-time collaboration, it also presents some challenges related to its learning curve, user interface, and support options.
Magnitude Kalido - Comparison with Competitors
Unique Features of Magnitude Kalido MDM
Domain-Agnostic Modeling
Magnitude Kalido MDM allows users to define and model critical business information across various domains such as customer, product, financial vendor, supplier, or location. This flexibility is a significant advantage, enabling the management of multiple data entities within a single solution.
Data Harmonization and Governance
The platform excels in integrating and harmonizing external and internal reference data, creating a “golden copy” of master data that can be used by consuming systems. It also enforces governance processes, ensuring accurate, integrated, and governed data.
Central Master Data Authoring
Kalido MDM provides a centralized master data authoring system where new records can be created, custom business rules applied, and data published to operational systems. This centralization streamlines data management and reduces manual stewardship.
Audit Lineage and Activity Reporting
The system offers comprehensive control over end-to-end data-driven processes through audit lineage and activity reporting, which is crucial for regulatory compliance and data integrity.
Competitors and Alternatives
Egnyte
While primarily known for content management, Egnyte can be considered an alternative in the broader context of data management. However, it lacks the specific MDM features of Kalido.
SAS Viya
This platform offers advanced analytics and data management capabilities but is more focused on analytics and data science rather than pure MDM. It integrates AI and machine learning to provide insights but may not offer the same level of domain-agnostic modeling as Kalido.
IBM Watson Master Data Management
IBM’s solution is another strong competitor in the MDM space. It provides advanced data governance and integration capabilities, similar to Kalido. However, IBM’s solution might be more integrated with other IBM analytics tools, which could be an advantage for users already in the IBM ecosystem.
Other Data Tools for Comparison
Tableau and Qlik
While these tools are more focused on business intelligence and data visualization, they do not offer the same level of master data management as Kalido. Tableau and Qlik are excellent for turning data into insights but are not direct competitors in the MDM category.
Databricks Unified Data Analytics Platform
This platform is more geared towards building, deploying, and maintaining enterprise-grade data, analytics, and AI solutions. It does not specifically address master data management but can be part of a broader data strategy that includes MDM solutions like Kalido.
Key Considerations
When choosing between Magnitude Kalido MDM and its competitors, consider the specific needs of your organization. If you require a solution that can model multiple data entities, harmonize data sources, and enforce strong governance, Kalido MDM is a strong candidate. However, if your needs are more aligned with advanced analytics and data visualization, tools like Tableau, Qlik, or SAS Viya might be more suitable.
In summary, Magnitude Kalido MDM stands out for its domain-agnostic modeling, data harmonization, and governance capabilities, making it a valuable choice for organizations needing a comprehensive MDM solution.
Magnitude Kalido - Frequently Asked Questions
Here are some frequently asked questions about Magnitude Kalido MDM, along with detailed responses to each:
What is Magnitude Kalido MDM?
Magnitude Kalido MDM is a Master Data Management (MDM) solution offered by Magnitude Software, which is now part of insightsoftware. It provides enterprises with the core capabilities to model multiple data entities, harmonize data sources, and manage governance processes for reference and master data. This helps in creating well-organized and purpose-fit data that various applications can use, leading to improved business outcomes.What are the key features of Magnitude Kalido MDM?
Key features of Kalido MDM include:- Data Modeling: Rich modeling constructs that support real-world business environments and domain-agnostic modeling, matching, and mapping capabilities.
- Audience-Specific Interfaces: Role-based involvement with different views for various roles.
- Workflow and Governance: Sophisticated workflow and model-driven API for real-time collaboration, and policy-driven governance.
- Reference Data Management: Integration and harmonization of external and internal reference data.
- Hierarchy Management: Visual management and browsing of multiple views of data.
- Data Harmonization: Combining multiple data sources into a single, integrated “golden copy” record.
- Central Master Data Authoring: Creating new records, applying custom business rules, and publishing data to operational systems.
How does Kalido MDM improve operational efficiency?
Kalido MDM improves operational efficiency by reducing the time and effort spent on manual or complex data management processes. It provides a centralized master data authoring system, automates data harmonization, and ensures that all departments have access to a single, accurate source of information. This streamlines global reporting, provides local autonomy for business units, and enhances visibility into business performance and regulatory compliance.What are the benefits of using Kalido MDM?
The benefits include:- Cost Savings: By reducing manual data management tasks.
- Operational Efficiency: Through automated data harmonization and centralized data management.
- IT Simplification: By integrating multiple data sources into a single, manageable system.
- Improved Reporting and Compliance: With accurate and consistent data, leading to better business insights and reduced risk of regulatory issues.
Is Kalido MDM suitable for multi-domain implementation?
Yes, Kalido MDM is built for unlimited multi-domain implementation in a single environment. It supports data modeling and governance across various domains, making it a versatile solution for enterprises with diverse data needs.How does Kalido MDM handle data governance and security?
Kalido MDM features policy-driven governance, which includes audit, validation, and security management. It ensures that data changes are tracked and approved through workflow processes, providing comprehensive control over data-driven processes. The solution also offers universal access from mobile devices and web browsers while maintaining security and audit lineage.What are the strengths and weaknesses of Kalido MDM?
Strengths:- Fast implementation time and time to value.
- Supports multi-entity MDM and deployments across multiple domains.
- Robust golden record management.
- Proven scalability and high performance.
- Audience-specific interfaces and visual modeling capabilities.
- Limited product information management (PIM) capabilities.
- Less developed reference data management compared to some other solutions.
- Steep learning curve for users.
- Minimal relationships with major system integrators.
- Limited customer references and reviews.
Can Kalido MDM be deployed in the cloud or on-premise?
Yes, Kalido MDM offers multiple deployment options, including on-premise and cloud environments. It integrates easily with both cloud and on-premise applications, providing flexibility based on the organization’s needs.How does Kalido MDM support data stewardship and collaboration?
Kalido MDM provides audience-specific interfaces that enable active, role-based involvement. It features sophisticated workflow and model-driven APIs that facilitate real-time collaboration among data stewards, data providers, and business users. Policy-driven governance ensures executive involvement and compliance with data management policies.Is Kalido MDM user-friendly, especially for non-technical users?
While Kalido MDM offers an easy-to-use interface for core capabilities, it has a steep learning curve for some users, particularly business users. The solution requires some technical expertise, especially for customization and advanced features.How does Kalido MDM handle data integration and harmonization?
Kalido MDM integrates and harmonizes external and internal reference data, such as industry codes, entity identifiers, and units of measure. It combines multiple data sources into an integrated, unambiguous “golden copy” record that can be used by consuming systems to feed business processes. Magnitude Kalido - Conclusion and Recommendation
Final Assessment of Magnitude Kalido MDM
Magnitude Kalido MDM, a product of Magnitude Software, is a comprehensive Master Data Management (MDM) solution that offers a wide range of benefits and features, making it a valuable tool for various types of organizations.
Key Features and Benefits
- Data Modeling and Governance: Kalido MDM allows users to model multiple data entities, harmonize data sources, and manage governance processes for both reference and master data. This results in well-organized and purpose-fit data that can be subscribed to by various applications, leading to improved business outcomes.
- Data Harmonization and Integration: The platform combines multiple data sources into a single, integrated “golden copy” record, which can be used by consuming systems to feed business processes. It also supports reference data management, hierarchy management, and centralized master data authoring.
- Operational Efficiency: By automating and centralizing data management, Kalido MDM reduces the time and effort required for manual or complex data management processes. This leads to operational efficiencies and cost savings.
- Enhanced Reporting and Compliance: The solution provides streamlined global reporting with local autonomy, ensuring accurate visibility into business performance and reducing the risk of regulatory compliance issues.
- User-Friendly Interface: Kalido MDM offers a model-driven interface and the ability to create customized ‘MDM Apps’ to support specific business processes. Users can access and manage data from either mobile devices or web browsers.
Who Would Benefit Most
- Large and Enterprise Organizations: These organizations can significantly benefit from Kalido MDM due to its ability to handle large-scale data management needs, integrate with multiple systems, and provide a single, go-to resource for all departments.
- Small to Medium Enterprises: Especially those transitioning to dynamic CRM systems, Kalido MDM helps maintain consistency of customer data across CRM, ERP, and other enterprise applications.
- Businesses with Multiple Data Sources: Any organization dealing with multiple data sources and needing to create a unified, accurate view of their data (e.g., customer data, product data) will find Kalido MDM highly beneficial.
Overall Recommendation
Magnitude Kalido MDM is a strong choice for organizations seeking to improve their data management practices. Here are some key points to consider:
- Implementation and Scalability: Kalido MDM offers fast implementation times and proven scalability, making it suitable for both small and large-scale deployments.
- Customization and Integration: The platform supports customized interfaces and integrates with a wide range of leading enterprise and SaaS applications, ensuring it can fit into various existing IT infrastructures.
- Data Quality and Governance: With its focus on data stewardship, policy-driven governance, and golden record management, Kalido MDM ensures high data quality and compliance.
In summary, Magnitude Kalido MDM is an excellent solution for any organization looking to centralize, harmonize, and govern their master and reference data effectively, leading to improved operational efficiency, better reporting, and enhanced compliance. Its flexibility, scalability, and integration capabilities make it a valuable asset for a wide range of business needs.