NextGen Solutions: The future of MDM and PIM

Upen Varanasi discusses the changing dynamics in Master Data Management and Product Information Management solutions. B2B customers want to gain insights and be able to measure the impact of the technology solutions they choose for their business. Data Management is the foundation of leaders who have pivoted to lead their company with a data-centric strategy. 

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Riversand Raises $35 Million in Series A Funding

Riversand believes that in the digital economy, the companies that will succeed are those that can transform their raw data into an engine of growth. In June 2017, we received the funding necessary to achieve our mission - building a transformative data management platform that empowers businesses to make sense of their data, understand their customers and make smarter business decisions.

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Riversand Launches a Cloud-Based Data Management Tool

In 2016, Riversand launched cloud versions of our MDM and PIM tools, allowing for unprecedented levels of speed and scale in data processing. This enables our customers to run their businesses faster, while simultaneously decreasing start-up costs and lowering the overall cost of ownership.

Riversand Creates a Highly Integrated MDM Platform

By 2014, Riversand had spent 5 years building a top-notch Master Data Management Platform and was being recognized as an innovative leader by analysts, customers and partners. We then completed our platform by layering in significant integrations with data providers, data syndicators, ERPs, e-commerce providers and marketplaces.

Riversand Expands Globally

By 2009, Riversand had expanded into Europe and into the fields of pharma, life sciences, media and entertainment and food services. Riversand also opened new offices in India and Europe to support local customers and widened its engineering and services teams.

Riversand expands in Retail, CPG and Distribution

Riversand continued to grow in North America between 2001-2005, entering into the retail, CPG, and distribution industries. It began to focus on Product Information Management as a key solution and added several marquee logos to its customer base.

Riversand was founded in 2001

In 2001, Riversand built the industry’s first web-based Product Information Management solution, achieving its initial success in the manufacturing and energy industries. The team also piloted a domain-specific Spare Parts Management Solution (SPMS) that continues to be widely used today.