MDM versus Data Microservices
MDM solutions focus on providing a single source of truth to serve as a back-office for the data processes and on taking care of the data quality and consistency. They however do not always deliver that data to areas where it can support real-time business decisions and help companies respond to customer needs as these monolithic processes are difficult to change without impacting many existing systems.
Data Microservices, such as Hivity Core® Microservices, focus on delivering data to where it’s needed, when it’s needed, helping you leverage data as a strategic asset and create a competitive advantage. Data Microservices allow to break down the traditional, monolithic application into components and run them securely, and independently from each other. This provides a much more agile framework because you can quickly, and inexpensively make adjustments to your suite of services in response to changing business requirements.