Redwood City, Calif., Oct. 9, 2013 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today announced that Gartner, Inc., a leading IT research and advisory firm, has positioned Informatica as a leader in its 2013 Magic Quadrant for Data Quality Tools report.
The complete report, including the quadrant graphic, is available at http://www.informatica.com/us/data-quality-magic-quadrant.
Ted Friedman, VP and Distinguished Analyst at Gartner, and author of the report, wrote, "As more organizations seek to capitalize on the value of their information assets, the importance of the data quality discipline continues to grow. Demand for innovative approaches to data quality strategy, organizational issues and tactics has never been higher."
Friedman notes in the report that, "Data quality tools provide automation for activities that would
otherwise be difficult, if not impossible, to accomplish given the volumes of data and complexity of the technology landscape (multiple platforms, storage mechanisms and diversity of formats and semantics) common in modern enterprises.
"Specifically," he wrote, "data quality tools enable improvement and management goals by providing infrastructure for measuring data quality levels, identifying data quality flaws of various types, applying business rules for remediation, and tracking data quality issues through the resolution process."
According to the Gartner report, "Across the landscape of enterprise software, [the data quality] market is among the fastest-growing. Gartner estimates that this market reached $960 million in software revenue at the end of 2012. This translates to growth of 12.3% in constant-dollar terms over 2011 (a standout year in which this market grew by 17.5%). Gartner forecasts that the growth of this market will accelerate during the next few years, to approach 16% by 2017 and bring the market to nearly $2 billion in constant-dollar software revenue."
Informatica Data Quality delivers authoritative and pervasive data quality to all stakeholders, projects, and data domains for all projects and applications - on premise or in the cloud - using a single, unified platform. Powered by the Informatica Vibe embeddable virtual data machine (VDM), it enables users to proactively monitor and cleanse their data in a consistent and reusable manner regardless of the underlying platform and technologies, empowering the business to share in the responsibility for data quality and governance.
Ash Kulkarni, senior vice president and general manager, Data Integration, Informatica, said, "We believe Informatica's leadership position in the Gartner Data Quality Tools Magic Quadrant is testament to the fact that we continue to innovate our best-in-class platform for data integration and data quality. We remain focused on helping businesses realize their full information potential by increasing business agility through improving the quality and trustworthiness of data."
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Informatica Leadership in other recent Gartner Magic Quadrant reports:
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. 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.
Informatica Corporation (Nasdaq:INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica to realize their information potential and drive top business imperatives. Informatica Vibe, the industry's first and only embeddable virtual data machine (VDM), powers the unique "Map Once. Deploy Anywhere." capabilities of the Informatica Platform. Worldwide, over 5,000 enterprises depend on Informatica to fully leverage their information assets from devices to mobile to social to big data residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
Note: Informatica, the Informatica Platform and Informatica Vibe are trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other product and service names mentioned are the trademarks of their respective companies.
CONTACT: Steve Bauer Informatica Corporation +1 650 385 4159 +1 650 670 7135 email@example.com