Named a Leader in 2024 Gartner Magic Quadrant for Data Integration Tools for 19 Consecutive Years
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, today announced that Gartner, Inc. has once again recognized the company as a Leader in the 2024 Gartner Magic Quadrant for Data Integration Tools report. Additionally, Gartner positioned Informatica as the furthest on the Completeness of Vision axis and highest on the Ability to Execute axis. Informatica has been positioned furthest for vision and highest for execution for 11 consecutive years.
Gartner states, "By 2027, AI assistants and AI-enhanced workflows incorporated into data integration tools will reduce manual intervention by 60% and enable self-service data management."
"We are thrilled that Informatica has been recognized as a Leader in the 2024 Gartner Magic Quadrant for Data Integration Tools, positioned the furthest for vision and highest for execution. We believe this is a testament to our understanding of customer requirements and the need for data to be AI-ready. We view these results as evidence of our dedication and commitment to continuously innovating to maintain industry leadership," said Pratik Parekh, Senior Vice President and General Manager at Informatica. "Data integration is critical for the success of AI and GenAI projects. A comprehensive data integration solution should be able to discover, ingest, integrate, automate, cleanse, govern, master and share data for AI and GenAI consumption. This ensures that AI/GenAI models have access to the right data in the right format, enabling them to produce more accurate, reliable and relevant results."
According to Gartner, "Leaders exhibit significant market mind share and recognize the need for new and emerging market demands — often providing new functional capabilities in their products ahead of demand. They do this by identifying new types of business problems that data integration tools can significantly impact, thereby providing business value. Leaders have an established market presence, significant size and a multinational presence. Leaders effectively establish their data integration tools to support both traditional and new data integration patterns to capitalize on market demand. Many Leaders see continued loss of market share to CSPs or smaller vendors that offer more focused capabilities, attractive pricing or go-to-market strategies targeting business users."
Access a complimentary copy of the 2024 Gartner Magic Quadrant for Data Integration Tools report here.
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About Informatica
Informatica (NYSE: INFA), a leader in enterprise AI-powered cloud data management, brings data and AI to life by empowering businesses to realize the transformative power of their most critical assets. We have created a new category of software, the Informatica Intelligent Data Management Cloud (IDMC). IDMC is an end-to-end data management platform, powered by CLAIRE AI, that connects, manages and unifies data across any multi-cloud or hybrid system, democratizing data and enabling enterprises to modernize and advance their business strategies. Customers in approximately 100 countries, including over 80 of the Fortune 100, rely on Informatica to drive data-led digital transformation. Informatica. Where data and AI come to life.
Contacts
Media Contact:
Informatica Public Relations
pr@informatica.com
