Two success stories have been brought to my attention I would like to share. Master Data Management (MDM) software vendors Profisee and Reltio both announced strong growth. This is great news and further supports Gartner’s observations that the number of implementations of MDM continues to increase rapidly, and the number of client inquiries about MDM that Gartner has received has increased throughout 2016.
- Profisee announced license fee growth approaching nearly 100% year-on-year for the fiscal year ending 2017.
- Reltio in 2016 saw a 125% growth in year-on-year product revenues and doubled employee headcount over 2015.
Congratulations to both vendors on their continued success.