The company improved its position from a Visionary to a Leader based on its completeness of vision and ability to execute. For a complimentary copy of Gartner’s complete report click here.
Mike Tuchen, Talend CEO says, “We believe our advancement into the Leaders Quadrant speaks not only to the depth and breadth of our solutions but also our vision and approach to data quality.
“There is a ‘changing of the guard’ taking place in the market today, brought about by evolving market dynamics and new customer needs,” he says.
“Talend’s unique approach to collaborative data quality and governance coupled with our innovative solutions, give us the ability to address the currently unmet needs of large enterprises and help make them more data-driven.”
Most companies recognize that poor quality data wastes time, increases costs, weakens decision making, and makes it more difficult to apply data insights to the business successfully. Yet, according to a recent Harvard Business Review survey, on average, 47 percent of newly-created data records contain at least one critical error.
According to Gartner, “Leaders demonstrate strength in depth across the full range of data quality functions, including core functions (parsing, standardization and cleansing), profiling, interactive visualisation, matching, multidomain support and business-driven workflow.”
Gartner also says Leaders must exhibit a clear understanding of dynamic trends in the data quality market, and explore thought-leading and differentiating ideas, delivering innovations based on the market’s demands.
Talend says its data quality helps customers profile, cleanse, and mask data, while monitoring data quality over time, in any format or size.
It also says its approach to data quality also involves self-service tools to enable a more collaborative standard, wherein both IT and line-of-business users are collectively responsible for ongoing quality monitoring and maintenance.
In regards to how companies are assessed, the report states, “Gartner analysts evaluate vendors on their ability to convincingly articulate logical statements. The evaluation covers current and future market direction, innovation, customer needs and competitive forces, and how well they correspond to Gartner’s view of the market.”
Similarly, in terms of ability to execute, the report states,“Gartner analysts evaluate technology vendors on the quality and efficacy of the processes, systems, methods and procedures that enable their performance to be competitive, efficient and effective, and to positively affect their revenue, retention and reputation.”
Talend’s open, native, and unified data integration platform enables organizations to take advantage of the very latest big data and cloud technologies, including Apache Spark, Hadoop, Flink and Beam to connect and process data at speed and scale from a wide range of sources, to meet the constantly evolving demands of modern business.
Talend (NASDAQ: TLND) is a next-generation leader in cloud and big data integration software that helps companies turn data into a strategic asset that delivers real-time, organization-wide insight into customers, partners, and operations. Through its open, native, and unified integration platform, Talend delivers the data agility required for companies to meet the constantly evolving demands of modern business. With Talend, companies can easily scale their data infrastructure and rapidly adopt the latest technology innovations in cloud and big data. Talend’s solutions support over 1500 global enterprise customers including Air France, GE, and Lenovo, across a range of industries. Talend has also been recognized as a leader in its field multiple times by leading analyst firms, as well as several industry and data trade publications including InfoWorld and SD Times.
Don’t forget to join Talend and iZeno, for the upcoming Executive Breakfast on Data Stewardship!