Redwood City, Calif., Oct. 30, 2017 (GLOBE NEWSWIRE) -- Informatica^®, the enterprise cloud data management leader, today announced that Gartner, Inc., a leading IT research and advisory firm, has positioned Informatica as a Leader in its 2017 Magic Quadrant for Data Quality Tools based on completeness of vision and ability to execute for the 11^th consecutive year.

The complete report, including the Magic Quadrant graphic, is available complimentary at https://www.informatica.com/data-quality-magic-quadrant.html.

The 2017 Magic Quadrant for Data Quality Tools, authored by Mei Yang Selvage, Saul Judah and Ankush Jain and published on Oct. 24, 2017, positions Informatica furthest and highest on the completeness of vision and ability to execute axes, respectively, for the fifth year in a row.

According to the Gartner report, “The accelerating pace of digital business is disrupting traditional approaches to data quality by creating a complex data landscape and generating new and urgent business requirements. Data quality vendors are competing by enhancing existing capabilities and introducing new capabilities, such as machine learning, interactive visualization and predictive/prescriptive analytics.”

The authors of the report note, “The data quality tools market remains vibrant, owing to greater adoption on the demand side and consequent growth in revenue on the supply side. We continue to see high demand for data quality tools from many industries and organization sizes, including midsize organizations (which traditionally tended not to buy them). This demand is driven both by organizations continuing to invest in digital business initiatives and by organizations seeking to cut costs, optimize business operations and monetize data assets. Therefore, we see data quality tools being applied to a wide range of use cases, including big data and analytics, data integration, data migrations, information governance and MDM.”

The report continues, “the data quality tools market has continued to show strong revenue growth — 7% in 2016 in constant currency, compared with 5.2% in 2015 (see ‘Market Share: Data Integration Tools and Data Quality Tools, Worldwide, 2016’); its revenue is estimated to have reached $1.37 billion in 2016, up from $1.28 billion in 2015. This market is still among the fastest-growing in the infrastructure software subsector of the enterprise software market (see ‘Market Share: All Software Markets, Worldwide, 2016’). We forecast compound annual revenue growth of 10% in this market for the period 2016 to 2021.”

Supporting Quote:
“We believe that Informatica’s clear leadership in data quality tools, as recognized by Gartner, is a result of our ability to align extensive data quality expertise and innovation with data quality challenges permeating today’s information environments and use cases—from big data and analytics to cloud integration, governance and compliance, master data management and operational data quality,” said Jitesh Ghai, senior vice president and general manager, Data Quality & Governance, Informatica. “With data quality now essential to driving intelligent disruption across companies and industries, Informatica provides organizations with the intelligent tools—from machine learning and AI to self-service data quality—that enable them to maximize and unleash the power of all their data, no matter how it is being used.”

About Informatica Data Quality Solutions

• The Informatica Data Quality & Governance portfolio is a core component of the Informatica Intelligent Data Platform™, powered by the CLAIRE™ engine, the industry’s most advanced metadata-driven AI technology.
• Informatica customers are able to leverage a full contingent of easy-to-use data quality and governance capabilities to increase and monitor the quality of all their data, whether on-premises, in the cloud, or in a hybrid environment, regardless of size, type, complexity, and platform.
• From departmental deployments to supporting the largest Hadoop-based big data projects, Informatica empowers IT and non-technical business users, such as information stewards as well as business, policy, finance, and marketing analysts, to collaborate on data quality and governance initiatives across the enterprise empowering executives down to the individual contributors.
• Key initiatives and processes fueled with trusted, secure and governed data help accelerate business outcomes.

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Informatica recognition in other recent Gartner reports:

• Named a Leader in Gartner’s Magic Quadrant for Metadata Management Solutions (Aug. 10, 2017)
• Named a Leader in Gartner’s Magic Quadrant for Data Integration Tools (Aug. 3, 2017)
• Listed in the Worldwide Market Share for Integration Platform as a Service (iPaaS) in the Application and Infrastructure Middleware Market in Gartner’s Market Share: All Software Markets, Worldwide, 2016 (April 14, 2017)
• Named a Leader in Gartner’s Magic Quadrant for Enterprise Integration Platform as a Service (Mar. 30, 2017)
• Named a Leader in Gartner’s Magic Quadrant for Master Data Management Solutions (Jan. 19, 2017)

About the Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Informatica
Informatica is the only Enterprise Cloud Data Management leader that accelerates data-driven digital transformation. Informatica enables companies to unleash the power of data to fuel innovation, become more agile and realize new growth opportunities, resulting in intelligent market disruptions. With over 7,000 customers worldwide, Informatica is the trusted leader in Enterprise Cloud Data Management. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica on LinkedIn, Twitter and Facebook.

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Note: Informatica, Intelligent Data Platform and CLAIRE are trademarks or registered trademarks of Informatica in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.