Informatica Places Furthest on the Completeness of Vision and Highest on the Ability to Execute Axes
Informatica, the enterprise cloud data management leader, announced that Gartner, Inc., a leading IT research and advisory firm, has positioned Informatica as a Leader in its 2019 Magic Quadrant for Data Quality Tools based on completeness of vision and ability to execute for the twelfth time.
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The 2019 Magic Quadrant for Data Quality Tools, authored by Melody Chien and Ankush Jain and published on March 27, 2019, positions Informatica furthest and highest on the completeness of vision and ability to execute axes, respectively. According to the Gartner report, “Digital transformation initiatives are putting new strain on data quality efforts as the data landscape becomes more complex and as new, urgent business requirements emerge. This strain is disrupting the market for data quality tools and increasing data quality requirements for buyers and sellers.”
The authors of the report note, “Gartner sees end-user demand shifting toward broader capabilities spanning data management and information governance. As a result, the data quality tool market continues to interact closely with the markets for data integration tools and for master data management (MDM) products. Users expect effective integration of, and interoperability between, these products, but not convergence.”
The report also states, “The market for data quality software tools reached $1.61 billion in 2017 (the most recent year for which Gartner has data), an increase of 11.6% over 2016 (see ‘Market Share: Data Quality Tools, Worldwide, 2017’). Gartner’s interactions with clients also indicate that demand remains high.”