What is the Gartner Magic Quadrant?
With data integration being critical to the success of data driven companies, understanding how data integration solutions work for your organization needs is crucial for your company’s future.
Various solutions present themselves as essential needs to your business, but the Garner Magic Quadrant helps decipher which data integration tool lives up to their promises.
How The Gartner Magic Quadrant Works
While using a proprietary methodology that Gartner does not disclose, Gartner rates vendors upon two criteria: completeness of vision and their ability to execute. Scores of these components place vendors into one of the four quadrants below:
Leaders. These are the highest composite scorers of all the quadrants. They have the market share and the credibility to drive acceptance of cutting edge technology. They grasp the complete knowledge of market needs and possess well-articulated plans their customers could use when setting up their unique strategies.
Visionaries. Although delivering innovative products that provide solutions to the end user, they do not have the ability to capture market share or consistent profitability. Additionally, visionaries are at risk of being acquired which makes companies skeptical of changes after integration.
Niche Players. These vendors have a narrow vision that helps those companies within their niche. While some of these vendors are adapting their solutions for broader scale consideration, they have difficulty in executing their vision.
Challengers. They compete well in the market to give the leaders a run for their money. Financial visibility isn’t a concern, and they have strong products to serve the market. They just lack the influence the leaders possess.
Final Thoughts
Determining which data integration software allows your company data a gateway into a profitable future could be difficult without in-depth knowledge of software solutions.
The Gartner Magic Quadrant takes away some of the guesswork and provides an initial understanding of data integration software solutions.
Don’t leave your business intelligence solution provider to chance.
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