MDM covers more data than just products, but PIM creates a dedicated repository specifically for product information. While PIM focuses only on products, MDM also includes customer, vendor, and other business data. ERP systems are not designed for data governance, workflow, or providing real-time data in the way that PIM and MDM are. MDM and PIM require an ongoing business philosophy and must adapt to new processes and requirements over time, not just be a one-time implementation. Single domain MDMs focus on only one type of data like products or customers, whereas multi-domain MDMs can handle multiple different data types.

1. The 5
most popular
misconceptions
PIM MDMVS

2. 1
MDM covers
product data,
so no need for PIM.
Yes, MDM covers product data,
but not like the way PIM does,
by making a golden repository
exclusively for product data.

3. 1 2
If You have a PIM,
You don‘t need
a MDM.
MDM has a different role to play
than PIM. While PIM is solely for
product information, MDM’s scope
covers customers, vendors,
distributors, partners, products,
suppliers, locations as well as
employees’ data.

4. 2 3
If You have ERP,
why need a
PIM or MDM?
ERPs are not designed for
enterprise master data governance,
data workflow, data enrichment
or providing updated data at all
times. They cannot store digital
assets too.

5. 3 4
MDM Implementation
is a one-time thing.
MDM and even PIM must be
understood as a business philosophy.
It thrives on accommodating new
processes, business requirements,
mergers and acquisitions.

6. 4 5
Every MDM is
multi-domain,
multi-vector.
Single domain MDM platforms
emphasize on product or customer
data and are programmed to collect
data for one domain only.
They have predefined data model
templates and other domain-specific
aspects.

7. 5The Revolution in
Data and Experience
Management.