NEW YORK, NY--(Marketwired - Nov 23, 2015) - Information Builders, a leader in business intelligence (BI) and analytics, information integrity , and integration solutions, today announced that it is positioned in the Leaders Quadrant of Gartner Inc.'s "Magic Quadrant for Data Quality Tools, 2015."(1) The recognition is based on the evaluation of the company's iWay Data Quality Suite.
The ability to make effective business decisions and drive progress is dependent on the availability of clean, accurate, reliable information. In a world awash in data, businesses must be able to ensure impeccable data quality to avoid making detrimental decisions based on inaccurate or "dirty" data. Information Builders' iWay Data Quality Suite is a comprehensive, unified toolset designed to profile, cleanse, and enrich data to drive better planning and decision-making by ensuring the consistency, accuracy, and completeness of enterprise information.
The increased focus on data quality is evidenced in the market's growth. According to the report, "Gartner estimates that it reached $1.4 billion in software revenue at the end of 2014." Looking forward, "Gartner forecasts that this market's growth will accelerate during the next few years, to 14.4 percent by 2017, bringing the total to $2.1 billion." The data quality tools market is in fact one of the fastest-growing in the enterprise software space, which speaks to the increasing focus on data management and the need to ensure clean, accurate data sets.
The iWay Data Quality Suite of tools enables users to better control transactional and analytical applications, enhance system migration or software integration projects, improve customer identification processes, and validate inputs in self-service applications.
"Across industries, data is the fuel that drives progress for companies, and in today's data saturated environment, ensuring the quality of that fuel has never been more important," said Gerald Cohen, president and CEO, Information Builders. "Information Builders is dedicated to helping our customers glean true value from their data sets, and the first step in that process is ensuring that data is clean, complete, consistent, and reliable. This is our commitment to our clients, a commitment that we feel is reflected in our recognition as a leader in Gartner's Data Quality quadrant."
Access the Gartner Magic Quadrant for Data Quality Tools 2015 report in its entirety.
About the Magic Quadrant Gartner does not endorse any vendor, product, or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Information Builders Information Builders helps organizations transform data into business value. Our software solutions for business intelligence and analytics, integration, and data integrity empower people to make smarter decisions, strengthen customer relationships, and drive growth. Our dedication to customer success is unmatched in the industry. That's why tens of thousands of leading organizations rely on Information Builders to be their trusted partner. Founded in 1975, Information Builders is headquartered in New York, NY, with offices around the world, and remains one of the largest independent, privately held companies in the industry. Visit us at informationbuilders.com , follow us on Twitter at @infobldrs , like us on Facebook , and visit our LinkedIn page.
(1) Gartner, Magic Quadrant for Data Quality Tools, Saul Judah, Ted Friedman, 18 November 2015.
Press Contacts Kathleen Moran Information Builders (917) 339-6313 kathleen_moran@ibi.com Lillian Dunlap LEWIS PR (781) 761-4500 informationbuilders@lewispr.com
