Reltio Delivers Real-time Data Quality Management

Reltio, a cloud-native, SaaS multidomain (MDM) company that accelerates the value of data for businesses, announced capabilities within its Connected Data platform that delivers timely, accurate and trusted data for users to fuel real-time operations and analytics. The announcement includes key updates to the platform which provides organizations added capabilities to drive business decisions, increase business agility and improve the customer experience.

Lack of clean, connected data impedes timely and high-quality business decisions, resulting in poor customer service and loss of revenue and efficiency. Furthermore, bad data are more than an inconvenience, they can impact the bottom line. According to Gartner, “every year poor data quality costs organizations an average of $12.9 million.”

As part of its core capabilities, Reltio offers comprehensive real-time data quality capabilities enabling a proactive approach to working with timely trusted data. Unlike some MDM solutions, which provide point-in-time insights, Reltio provides increased visibility with continuous and automated monitoring in one place. New features include an interactive dashboard for real-time insights, including data characteristics, patterns and trends for entities and relationships. Reltio enables businesses to use high-quality data, including reference data, on an ongoing basis by validating data quality, standardizing and matching using machine learning.

“Our research shows that nearly two-thirds of organizations struggle with data quality, often preventing them from operating at the speed of their business,” said David Menninger, SVP and Research Director, Ventana Research. “With its latest updates, Reltio is introducing advanced data quality management capabilities that provide real-time visibility and automated monitoring that will help organizations address these issues.”

Industry legacy platforms can take weeks, or months to implement and integrate their applications, which can create additional delays and cost implications.

Built into its cloud-native SaaS MDM offering, Reltio Integration Hub delivers the ability to innovate faster, reduce costs and complexity. Using a low-code/no-code approach and pre-built connectors, Reltio Integration Hub provides organizations with business agility, enabling them to integrate their trusted data with upstream and downstream applications and data stores within hours. Updates to the hub include optimizations for faster development for application integration and data enrichment.

Reltio’s modern user interface delivers simplified navigation, enhanced visualizations and improved transparency providing a more intuitive experience. It allows users to increase productivity, identify process issues, get real-time insights, and achieve a clear 360-degree view of customers, products, suppliers, locations, and more.

To learn more about Reltio, visit www.reltio.com.