19 Years of Leadership: Informatica Named in the 2024 Gartner Magic Quadrant for Data Integration Tools
AI and generative AI (GenAI) are emerging as game-changers. These technologies are driving innovation and transformation within organizations by promising rapid advancements and delivering value-driven results. Considered essential for organizations to stay competitive across every industry, GenAI is making a huge impact by reshaping workflows, enhancing human creativity and pushing the boundaries of automation. Executives are prioritizing AI and GenAI initiatives more than ever — Boston Consulting Group reports that 89% of executives rank AI and GenAI among their top three technology priorities for 2024.1
However, while companies are ready for AI their data is not AI-ready. According to Harvard Business Review, 93% of Chief Data Officers (CDOs) believe a comprehensive data strategy is essential to unlocking generative AI’s value.2 Additionally, success in GenAI demands not only highly skilled resources but also the ability to rapidly scale applications to production — factors that depend heavily on having data that is well-organized, accessible and AI-ready.
Data Integration: Fueling AI with Better Data
Enter data integration which 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. It 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 while addressing data integration challenges related to managing diverse data sources and ensuring real-time analytics.
We are thrilled to announce that, for a 19th consecutive year, Gartner has recognized Informatica as a Leader in the 2024 Gartner® Magic Quadrant™ for Data Integration Tools, retaining the furthest in Completeness of Vision and Highest in Ability to Execute for 11 consecutive years. Gartner delivers actionable, objective insight to executives and their teams. Its expert guidance and tools enable faster, smarter decisions and stronger performance on an organization’s mission-critical priorities. Gartner analysts evaluate providers on the quality and efficacy of the processes, systems, methods or procedures that enable IT provider performance to be competitive, efficient and effective, and to positively impact revenue, retention and reputation within Gartner’s view of the market. As shown in Figure 1, Gartner positioned Informatica farthest on the “Completeness of Vision” axis and highest on the “Ability to Execute” axis.
How Is Informatica Helping Enterprises Get Their Data Ready for AI?
Informatica has consistently raised the bar for 30 years in data integration with unprecedented product innovations. With the Informatica Intelligent Data Management Cloud (IDMC), we are helping our customers get their data AI-ready by focusing on three key principles: relevant AI, responsible AI, and robust AI.
Here’s how Informatica applies each of these pillars to help organizations prepare their data for AI initiatives:
Relevant AI: Informatica democratizes data access with comprehensive, high-quality and contextually relevant data for AI consumption through its data integration, data catalog, data governance and data quality tools.
Responsible AI: Informatica helps customers use AI responsibly by integrating comprehensive data governance, privacy, security and compliance measures into their data ecosystems through its data governance and privacy solutions.
Robust AI: Informatica empowers organizations to establish a scalable and resilient data foundation that can support large-scale AI applications through its open, embeddable and extensible data management platform.
Next Steps
Find out more about our strengths. Download your complimentary copy of the 2024 Gartner® Magic Quadrant™ for Data Integration Tools now.