Four years ago today, Hub Solution Designs, Inc. was incorporated in the Commonwealth of Massachusetts as “a management consulting firm which helps companies to improve performance through strategy development, application of best practices, change management, technology implementation and other operational improvements”. That’s what it says in our Articles of Incorporation, and it’s not too different from what we’re doing today, four years later.
We’ve served almost 30 clients on three continents (North America, Europe and Africa), in industries such as financial services, insurance, telecommunications, software, high tech, information services, payroll, life sciences, health insurance, and medical devices.
Although we’ve had our ups and downs, we’ve managed to grow even during the toughest economic times of the past eighty years. Over the last four quarters, revenue has grown an average of 100% per quarter. It hasn’t hurt that the master data management (MDM) space has been doing well even in the teeth of the turbulent economy.
We currently have two distinct practices:
Our Consulting & Systems Integration practice focuses on developing and delivering high value MDM and data governance strategies. We focus on:
- Readiness Assessment
- Strategic Roadmap Development
- Preliminary Software Selection
- Business Case Creation
- Data Governance Formation
Our unique approach allows clients to develop their MDM strategy and create their data governance organization in parallel.
Our Thought Leadership practice develops high quality content to help MDM software vendors reach their target audiences:
- Objective, well researched white papers
- Thought provoking, high attendance webinars
- Guest articles on other organizations’ blogs
- Keynotes at conferences and dinners
- Engagement through social media
- Distributing content through our specialized network
We also publish Hub Designs Magazine, an online magazine dedicated to master data management and data governance. Since recruiting some outstanding new writers, switching to a cleaner, more visually elegant look and launching the new format at the end of April, readership is up 28% over the January-August 2010 period.
The magazine is supported by a network of other sites: the Hub Designs corporate web site, our monthly newsletter which announces each new issue, our online network The MDM Community, and our strong social media presence on Twitter, LinkedIn and Facebook.
All this makes HubDesignsMagazine.com a great resource for MDM practitioners looking for the latest news, conference coverage, analyst briefings, research, professional positions, white papers, and best practices.
Hub Designs has a vendor-agnostic partnership strategy, placing the client’s needs first. By partnering with all of the major MDM vendors but not aligning specifically with any of them, we’re able to remain objective while maintaining relationships with all of the vendors.
We currently have partnerships in place with Oracle, IBM, SAP, Stibo Systems, Kalido, Trillium Software, Infoglide Software, D&B and Equifax, and are exploring partnerships with several other companies as well.
Another great development recently was the formation of the Hub Designs MDM Think Tank. This is a group of seven independent consultants and analysts that receives briefings from MDM and data governance vendors, and then collectively publishes our analysis on HubDesignsMagazine.com. I was getting so many briefing requests from vendors, it was getting a little overwhelming, so the Think Tank is a way of bringing other great people into the mix and spreading the process out a bit. So far, we’ve done briefings this way with Varonis (analysis by Rob DuMoulin), IBM and Orchestra Networks.
We were a sponsor of the Gartner MDM Summit for the third year in a row. This year’s Summit (held in Los Angeles in early May) had over 500 attendees, and there was a lot of enthusiasm in the exhibit halls and meeting rooms. I noticed a shift from the early adopters of years past to attendees from more mainstream industries such as media & entertainment, aerospace, retail, high tech, county government, consumer packaged goods, and hospitality.
Gartner is predicting market growth for MDM of 18% in 2011, and 21% for 2012-2013. Needless to say, I find this very reassuring. Traffic at our booth this year was way up over 2010, with the number of visitors almost doubling over last year.
So as we celebrate our fourth anniversary, let me say “thank you” to a few special people. First of all, to my family, especially my wife and sons, without whom none of this would be possible. Their patience with me, their support and love, their understanding and consideration – all of these things are appreciated more than they will ever know.
To Hub Designs’ team members, thank you for your contributions over the years, which have been tremendous. To our clients, many of whom have become good friends, thank you from the bottom of my heart. Your generosity and support is what keeps us going. To our partners, thank you for all of your contributions of knowledge, training, expertise and opportunities. We appreciate you all.
Working in this field, and specializing in MDM and data governance as I do, is a constant learning experience, which I cherish. Every day I learn something new, which I try to pass on to our readers here. Thank you for reading Hub Designs Magazine and for all of your support over the past four years and 327 articles. Please continue to read and support us – that’s what keeps us going! And please “like” Hub Designs new page on Facebook.