Multidomain Master Data Management

Different types of master data are traditionally managed by different departments using function-specific applications for specific business needs. This often results in a siloed technology landscape, where data is hard to share and not used in the same way.

Stibo Systems Platform unifies different master data domains on a single platform, creating end-to-end transparency across the enterprise. This level of transparency enables traceability, compliance with regulatory standards and leads to greater consumer trust.

Master data management platforms that can manage multiple domains tend to have unique governance functionality relative to each domain being managed. A true multidomain platform, however, provides identical governance functionality uniformly across all data domains.

With Stibo Systems Platform, you can establish relationships between different data domains and bring governance across these relationships.

Stibo Systems Platform enables you to generate 360° views across multiple data domains accurately. For instance, master data management leverages superior profiling, cleansing and enrichment capabilities to drive a 360° customer view (both B2C and B2B customers) that can fuel CRM, CDP, ERP, ecommerce and other systems.

Additionally, a 360° view of suppliers can help you gain a full understanding of relationships between suppliers, parent companies, sub-suppliers and subsidiaries, so you can negotiate better pricing and payment terms.

With Stibo Systems Platform, these 360° views can be blended with different data sets and domains to gain unique insights. This can lead to many benefits: more accurate decision making, improved business processes, and the delivery of innovative, customer-centric experiences.

Stibo Systems Platform supports data-driven decision making by enabling insights across multiple domains. For example, combining location data and supplier data can provide insights into your direct-to-consumer logistics. Likewise, aggregating product data and supplier data can provide insights into market performance.

Similarly, combining multiple domains such as location, supplier and product can provide insights into localized product offerings. This type of data collection and management capabilities enable you to move beyond personalization to hyper-personalization, so you can deliver the ultimate customer experience.

As a multivector master data management platform, Stibo Systems Platform supports different implementation styles and use cases at the same time, ensuring that data is managed to suit the needs of different scenarios across industries and market segments.

For companies looking to solve just a single domain requirement, it is always judicious to consider how your data governance ambition (not just the technology) might evolve in the future.