Alation Positioned as Data Catalog Leader in 2022 IDC MarketScape Vendor Assessment
REDWOOD CITY, Calif., Aug. 16, 2022 (GLOBE NEWSWIRE) -- Alation Inc., the leader in enterprise data intelligence solutions, has been named a Leader in the IDC MarketScape: Worldwide Data Catalog Software 2022 Vendor Assessment (IDC #US48395622, August 2022) for the second consecutive report. According to the report, “Alation helped usher in the modern data catalog era and remains one of the few data intelligence pure-play vendors.”
“Building a data-driven culture, improving data governance, and speeding up trusted analytics and decision-making is critical for today’s organizations,” said Stewart Bond, research vice president, Data Integration and Data Intelligence Software research at IDC. “Alation has built an enterprise-scale data catalog that addresses these needs for organizations of all sizes, including Global 2000 companies.”
According to the IDC MarketScape Alation has the following strengths:
“We are thrilled to be named a Leader in the data catalog software market by IDC MarketScape in 2022 for the second time,” said Raj Gossain, Chief Product Officer. “As pioneers of the data catalog used by 25 percent of Fortune 100 companies, we understand the power of data intelligence and its importance in creating a data culture within a business. As we continue to expand in this exciting and growing industry, we look forward to working with companies of all sizes, from mid-size to Global 2000 and beyond, to transform their analytics and AI/ML solutions through behavioral intelligence.”
As reported in the Worldwide Data Integration and Intelligence Software Market Shares, 2021: Accelerated Growth in a Digital-First World (IDC #US47920522, June 2022), the Worldwide Data Integration and Intelligence Software Market, 2021 grew by 10.4% over the past year, reaching a total value of $7.8 billion. The report highlights that a digital-first world is emerging and that in order to be digital-first, organizations need to prioritize data. Data intelligence software, IDC says, helps organizations harness the power of their data to improve trust, share data more efficiently, and make better data-driven decisions. According to Stewart Bond, Vice President, Data Integration and Intelligence Software research at IDC, "Growth in the data integration and intelligence software market is continuing to be driven by the need to activate intelligence about data to gain control of the modern data environment and help organizations compete in a digital-first world."
The IDC MarketScape report defines the data catalog software market as a submarket of the data intelligence software market. Vendors included in this report are expected to offer a solution that captures intelligence about multiple disparate data sources and repositories, either as a standalone or as a core capability within a data intelligence platform and which is used across multiple global regions. More information on how IDC defines data intelligence can be found here.
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