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Can “Agentic MDM” Be the Game Changer? New Era for Master Data Management
Editor’s note: Agentic Master Data Management or Agentic MDM is the process of integrating Agentic AI in Data practices and principles. In this article, we aim to cover what, how, and why’s of this process. Though the current state of this is nascent, we see the growth potential to be tremendous.
You already know that Master data management (MDM) is the process of maintaining a single source of truth for your master data. What you might not know is that Master data management’s market size is estimated to grow up to USD 18.23 billion in 2025, and it’s expected to reach USD 43.38 billion by 2030 at a CAGR of 18.93% (2025–2030).
P.S. North America is leading with a 39% share of master data management in 2024.
What Are the Key Limitations of Traditional MDM?
The main problems or limitations for traditional MDM are: -
- Heavily dependent on humans for defining the rules and reviewing/ looking out for mistakes, or checking data quality
- Secondly, because it works on a rules-based model, if any rule breaks or a new rule pops up or is invented, then again, humans must fix this.
- Thirdly, AI and automation only need clean data to rely on, which…
