Precisely Shines as a Leader in Data Intelligence Software

Recognized Leadership in Data Intelligence Software

Industry recognition based on demonstrated capabilities and alignment of strategies with customer requirements in data intelligence.

Today, Precisely, a pioneer in data integrity, announced its designation as a leader in the IDC MarketScape report on Worldwide Data Intelligence Platform Software for 2024. This accolade highlights the robust strengths of the Precisely Data Integrity Suite in effectively fulfilling data intelligence needs with dependable, contextual, and consistent data.

According to the IDC MarketScape, Precisely's data intelligence platform stands out due to its innovative shared data catalog, which seamlessly harvests metadata from every service within the Data Integrity Suite. This intelligent design simplifies data intelligence processes without resorting to expensive or protracted data integration setups. The suite's modular approach allows businesses to select the specific capabilities they need, granting remarkable flexibility and scalability tailored to meet unique data intelligence requirements. One of the standout features of Precisely is its top-tier geospatial data management. This covers essential processes such as address cleansing, standardization, and enriches analytics through location-based insights.

Moreover, the report emphasizes Precisely's utilization of artificial intelligence, which automates the assessment and enhancement of data quality across the platform. Utilizing machine learning algorithms, Precisely efficiently tackles anomaly detection, data cleansing, and assigns data integrity scores, further setting itself apart in the market.

The IDC MarketScape defines a data intelligence software platform as one comprehensive product that encompasses key functionalities, including data definition, profiling, quality assurance, lineage tracking, cataloging, and governance. The evaluation involved 13 industry vendors, scrutinizing their capabilities and strategies to ensure alignment with consumer needs.

Chris Hall, Chief Product Officer of Precisely, commented, "With evolving data demands and regulations, Precisely is empowering organizations to achieve comprehensive control over their data landscapes, boosting their confidence in the results of analytics and AI initiatives." He emphasized that this recognition from IDC validates the value of their singular platform approach, delivering unmatched flexibility and expertise tailored to any enterprise's data journey.

The Precisely Data Integrity Suite integrates the Data Integrity Foundation, enhancing its interoperable SaaS offerings, which provide organizations with extensive visibility into data intelligence, AI-powered data quality management, scalable support for hybrid data environments, and specialized geospatial capabilities.

To explore more about the Data Integrity Suite, interested parties can visit the Precise company's website for further insights into its offerings.

Understanding IDC MarketScape

The IDC MarketScape is a vendor assessment tool designed to give an overview of the competitive landscape of technology and service suppliers. This research employs a robust scoring framework that includes both qualitative and quantitative factors, providing a single graphical representation of each vendor's standing within their respective markets. It offers technology purchasers a comprehensive assessment of the strengths and weaknesses of current and potential suppliers.

About Precisely

Precisely stands as a global leader in data integrity, committed to ensuring that data remains accurate, consistent, and contextual. The portfolio includes the Precisely Data Integrity Suite, which aids in data integration, quality improvement, governance, geographic coding, location data analysis, and providing enriched complementary datasets for informed business decisions. Over 12,000 organizations across 100 nations, including 93 of the Fortune 100 companies, rely on Precisely's software, data consultancy, and strategic services to enable advancements in AI, automation, and analytics.

Frequently Asked Questions

What recognition did Precisely receive in 2024?

Precisely was named a leader in the IDC MarketScape report on Worldwide Data Intelligence Platform Software for 2024, showcasing its strengths in data integrity.

What is the focus of the Precisely Data Integrity Suite?

The Precisely Data Integrity Suite focuses on providing accurate, consistent, and contextual data to support various data intelligence needs seamlessly.

How does Precisely utilize AI in its platform?

Precisely employs artificial intelligence to automate data quality assessments and enhancements, utilizing machine learning for anomaly detection and data cleansing.

What differentiates Precisely in the market?

Precisely's modular approach and exceptional geospatial data management capabilities, along with its combined platforms through data catalogs, set it apart from competitors.

How many organizations trust Precisely's services?

Over 12,000 organizations in more than 100 countries trust Precisely, demonstrating its wide acceptance of quality and reliable data solutions.

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