Redwood City, Calif., June 16, 2014 (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 inaugural Magic Quadrant for Structured Data Archiving and Application Retirement report (published June 11, 2014), based on ability to execute and completeness of vision.
The complete report, including the quadrant graphic, is available at:
According to the Gartner report, structured data archiving addresses overall storage optimization, governance, cost optimization and compliance, and data scalability. "It can reduce the volume of data in production and maintain seamless data access," the report stated. "The benefits of using this technology include reduced capital and operating expenditures, improved information governance, lower risk, and access to secondary data for reporting and analysis."
Gartner projects in the report that, "By 2017, structured data archiving will represent one-fifth of the information governance efforts in enterprises. By 2016, 75% of structured data archiving applications will incorporate support for big data analytics."
The Gartner report notes that, "The growing use of Apache Hadoop, increasing data warehouse volume sizes and the accumulation of legacy systems in organizations are fostering structured data growth. These factors are leading enterprises to understand how to reuse, repurpose and gain critical insight from this data."
In addition, according to the Gartner report, "Organizational mergers and acquisitions, data center consolidation, and migration to cloud-based applications have accelerated the requirement to retire legacy and redundant applications. Application retirement presents numerous cost benefits and efficiencies that further fuel this trend."
Amit Walia, senior vice president and general manager, ILM, Informatica, said, "We believe our placement in the leaders' quadrant of Gartner's first-ever Magic Quadrant for Structured Data Archiving and Application Retirement further validates Informatica's leadership, dedication to innovation and delivery of high-value products for our customers. Application landscapes are constantly evolving, moving to the cloud, and becoming more data-centric. Yet, as enterprises cycle through applications and retire them, they want to be smart and cost-efficient about how they store, migrate, retain and ultimately dispose of data, while staying compliant with data retention regulations. We feel being recognized for 'Completeness of Vision' is testament to the fact that Informatica Data Archive is ahead of the curve when it comes to helping organizations optimize their investments throughout the data lifecycle."
Informatica Leadership in other recent Gartner Magic Quadrant reports:
About the Magic Quadrant
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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, Informatica Data Archive, 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 company and product names may be trade names or trademarks of their respective owners.
CONTACT: Steve Bauer Informatica Corporation +1 650 385 4159 +1 650 670 7135 firstname.lastname@example.org