In a recent interview with yours truly on the Fliptop blog I had the chance to answer a question about how Social MDM is different from traditional MDM (Master Data Management). Check out the interview here.
As said in the interview I think that:
“The main difference between MDM as it has been practiced until now and Social MDM is that traditional MDM has been around handling internal master data and Social MDM will be more around exploiting external reference data and sharing those data.”
This is in line with a take away from the MDM Summit Europe 2013 as reported in the post Adding 180 Degrees to MDM.
But, as asked by a member of the Social MDM group on LinkedIn:
“What is the industry or analysts’ consensus on the meaning of Social MDM? Is it just gathering Master Data from social sources? Not really MDM…