Information Value Management software


Information Value Management (IVM) from Datum is a data governance solution for businesses who want to make data-driven decisions.

IVM enables businesses to set up data governance operating models and data policies. Users can set rules, metrics, standards and process definitions among cross-functional teams to collaborate. The solution offers various methods to process data including top-down, bottom-up and middle outwards. IVM can be integrated with existing data tools, automation, metadata and workflow.

IVM allows users to optimize business and data processes by flowchart which provides visibility of data flow. Links between the processes provide information related documents and illustrations.

Content packages of IVM provide companies with use cases and best practices. It includes accelerators, templates and frameworks

The solution is HIPAA compliant, SSAE-16 and Safe Harbor certified.

Supported Operating System(s):
Windows 7 , Windows Vista , Windows XP , Mac OS , Web browser (OS agnostic) , Windows 2000 , Windows 8 , Windows 10

17 Reviews of Information Value Management

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  • Jim from Valvoline

    Number of employees: 1,001-5,000 employees

    May 2017

    I'm back with a very positive update...

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money
    Pros

    My first review was similar in that I believe this is a good tool for storing information. However, this review is WAY BETTER!

    After my first review, Datum called me and asked why I was so negative on their product. It was mainly their search engine. Less than 4 months later, problem solved. Before, the search functionality was almost useless.

    BUT NOW?? The search capabilities are 10 times better and IVM is now a very usable tool! They listened to the feedback and fixed what I considered to be their main flaw with IVM.

    Today, I would suggest that you would be foolish to not consider IVM for your needs.

    Datum, thanks for listening!

    Cons

    Datum still needs to fix the "remember me" login function and they need to add a filter to the search for data Domain. Very minor problems.

    Review Source: Capterra
  • Shabarish from Ashland

    February 2017

    This is a great application

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I am using this tool everyday but sometimes I wont get the information which I need even if its there don't know what's the reason.

    Review Source: Capterra
  • Lakshmi from Johnson and Johnson

    February 2017

    Data Standards and rules

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    Its a great tool and easy of use which is a big plus. Also it helps export all data into spread sheet for easy verification.

    Review Source: Capterra
  • Sumeet from Ashland Inc

    Number of employees: 10,000+ employees

    February 2017

    Best place to share your documents

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    DATUM is one of the finest tool I have used in past 8 months. All the necessary documents are shared throughout our company , and is easily accessible whenever required. Datum provides us all kind of customization needed on our requirement. Documents can be searched with different ways using common words or rule # if anyone knows it. Helps us in our daily basic job. All above this it is cost effective also. Keep up the good work team Datum. Loved it.

    Pros

    ease of use, can be customized according to our need, give you all sort of documents with single search.

    Cons

    nothing found in these many days

    Review Source: Capterra
  • Kirsten from JCI

    Number of employees: 10,000+ employees

    February 2017

    Great for Master Data and Metrics Management

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    IVM is a great tool to use for Master Data Management and Metrics Management. We are using it to documnet all rules, metrics, definitions. It shows easyly impact of changes of data and or metrics. However, we would like our IT and business teams to use the tool, but it's not easy to navigate for somebody who has viewing access to the tool, but doesn't use it on a rather regular basis. This tool is complex, because data is complex.....

    Pros

    complex data definitions and impacts are definable

    Cons

    not easy/straightforward to use for business to look up if field/metric is governed or not

    Review Source: Capterra
  • Bhaveshkumar from Abbott Labs

    February 2017

    Datum IVM Review

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    IVM is an excellent tool to help organize our data rules. The tool has tremendous potential especially for young data organization such as ours to create and demonstrate value to our stakeholders

    Review Source: Capterra
  • Jim from Valvoline

    Number of employees: 501-1,000 employees

    January 2017

    It's OK but isn't easy to use

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I really like the concept of IVM. It's a great tool for capturing and organizing your data about your data. However, the interface has 2 MAJOR flaws. 1st, the "Remember Me" function doesn't even work. I've written websites and I'd be embarrassed if the simplest function of "Remember me next time" doesn't work. 2nd, is the search function. It is horrible. There is no multi word pattern search. If your subject title is, for example, "Customer Name Requirements", you can NOT search on "Customer Requirements" and get this document returned. If you don't know what you are searching for, then IVM's search function is useless. When they specifically fix the search ability, the tool will be really good!

    Pros

    Good place to store information

    Cons

    Interface is bad. Search function is the worse.

    Review Source: Capterra
  • Bhavesh from Abbott Labs

    Number of employees: 10,000+ employees

    January 2017

    IVM review for MDM

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    IVM is an excellent tool to organize rules, standards, and data dictionary fields. It is hard to communicate value to Sr. Management with a foundational tool like IVM that helps in streamlining all the activities for MDM that takes place in silos. It would not have been possible without DATUM's ongoing support and partnership with Abbott to highlight these benefits to our Sr. Management.

    Pros

    Saas Solution takes the system maintenance concerns out of the equation.
    Easy to use Apps.

    Cons

    Lack / minimal integration with MDM tools
    Workflow capability not by domain.

    Review Source: Capterra
  • Amanda from Johnson Controls

    Number of employees: 10,000+ employees

    January 2017

    Key Tool for an Enterprise Governance Program!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    IVM has been a critical component of our overall Data Governance program. We now have a simple way to capture and share key information about our data elements and processes. It has also helped us kick start our Data Stewardship program to ensure we are building a strong dynamic framework for managing all facets of our enterprise data. How we can get away from static sharing of data via Excel or PowerPoint!

    Pros

    Ease of use, User Interface, Linking capabilities,

    Cons

    Upload templates can be a struggle, but once you are past the initial set up, mass upload isn't a big challenge.

    Review Source: Capterra
  • Vivek from Ashland

    January 2017

    Easy to access

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    It has good features and easy to use. Sometimes I do face login issues may be due to server problems but overall it's SUPERB.

    Review Source: Capterra
  • Christin from Valvoline

    January 2017

    Value to manage our information!

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    When first introduced to this product I knew right away it would be of benefit to our Master Data team, with a future goal to rollout to or business and IT groups. Having the information organized in a format that has benefit for both the technical and business user.

    Review Source: Capterra
  • Ronce from Mars Chocolate North America

    January 2017

    Ronce Caponigro's Review

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I will be using IVM in 2017 to house data dictionary and gain overall experience in the tool and use it for larger scale projects eventually.

    Review Source: Capterra
  • Carrie from Valvoline Inc.

    January 2017

    Useful organization

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I am new to IVM, having only been using it for a couple of months, but find it to be a useful tool our company has enlisted to help us organize our data governance efforts. Having a central location for me to identify and learn our data processes has been extremely beneficial and time-saving.

    Review Source: Capterra
  • Tammy from Johnson Controls, Inc.

    January 2017

    Information Value Management Review

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I find Information Value Management tool to be very user-friendly. This tool is easy to use. The overall quality is excellent.

    Review Source: Capterra
  • Rob from Johnson & Johnson

    Number of employees: 10,000+ employees

    December 2016

    Big Fan of IVM

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    I use the Rules Composer and Standards Composer extensively. These two composers interact intuitively and quickly launches me into Standard definition with a link to the possible rules that I can leverage for data quality scorecards. I always know if the Business Rule is in progress or approved based on the built-in workflow. I can also open attachments to view the actual data that is deemed to be in-scope for each rule. I also love the Processes and data dictionary components with the end to end view of the entire process (e.g. source to pay, order to cash).

    Pros

    Some additional things I like about IVM:
    The relation diagram because it generates a dynamic view of the relationships so users can quickly identify their business's most critical data.
    The interface/design because you don't need to be a developer or technical person to use it. It is easy and intuitive, and even fun to use.
    Valuation because there is no other platform on the market that allows you to tie your efforts to top line business outcomes.

    Review Source: Capterra
  • Colleen from Edgewell

    December 2016

    My Data Dictionary on Steriods

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    We chose DATUM to build out the consistent and global data management components necessary to support our evolving corporation. It's rare to find a company that speaks the data management language. Many will give you the sales pitch, but we immediately saw that DATUM knew this world inside and out and could speak to the downstream impacts on systems, processes, and people. We used DATUM's Information Value Management® (IVM) platform to crowd-source the existing and new rules and standards across all systems and countries. IVM captured all of the data attributes, functionality, downstream impacts, team ownership, and prioritization all within one user-friendly platform. IVM was my data dictionary on steroids. It took my separate Excel data dictionary and Word documents and turned them into one glamorous in-hand solution.

    Review Source: Capterra
  • Greg from Ashland

    Number of employees: 5,001-10,000 employees

    December 2016

    Huge Increase in Efficiency

    Ease-of-use
    Functionality
    Quality
    Support
    Value for Money

    We had lots of business rules well documented but they were in a format that was only consumable by the master data team. They were full of acronyms and techy terms and lacked context around the business reason to have this rule. IVM helped us define the business context of data and make it accessible across the organization. Now that we have the business context of our information, we can use IVM to search within definitions to quickly find anything we need. Not only that, but we can search on the field. This comes in handy for a new resource who doesn't know what the process is, therefore isn't even sure what to search for to find what they are looking for. They can simply use the search feature to reverse search and it brings them directly to the rule. Before IVM, they would have to find someone who knew or dig through spreadsheets, and at the end of the day, they may not have been able to find it at all. This has been a huge increase in efficiency.

    Pros

    Usability & Interface

    Review Source: Capterra
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