By Anne Widjaja
A recent Gartner report has positioned SAP as a market leader in data quality tools, recognised for its “ability to execute” and “completeness of vision”.
Alongside SAP, other leaders named in the report included Informatica, IBM, Trillium Software and SAS/DataFlux.
The report, titled Magic Quadrant for Data Quality Tools, examined the increasing demand for data quality tools and the role of vendors in the market.
With a forecasted market growth rate of 14 per cent over the next five years, the report found that “organizations of all sizes and in all industries are recognising the importance of high-quality data”, particularly the “critical role of data quality in information governance and stewardship, driven by broader EIM initiatives”.
The report evaluated SAP’s real-time data platform, which includes SAP Data Services and SAP Information Steward software.
SAP Data Services is a platform for the integration and management of information, specialising in “big data” sources, such as social media and geographic data. SAP Information Steward allows users to access metrics and dashboards that continuously monitor the composition and trustworthiness of data sources.
According to the report, leaders demonstrated “strength across a full range of data quality functions, including profiling, parsing, standardisation, matching, validation and enrichment”.
They were also shown to exhibit a “clear understanding and vision of where the market is headed, including recognition of non-customer data quality issues and delivery of enterprise-level data quality implementations”, and already had an established market presence in multinational markets.
On the increasing demand for data quality tools, Steve Lucas, global executive vice president and general manager, database and technology, SAP, said, “As businesses confront the challenges of managing massive volumes of big data in real-time, ensuring high quality information has emerged as one of the biggest inhibitors to providing trusted insights.”
Lucas stressed that SAP would continue to meet demand with high quality solution offerings.
“We believe providing data quality management solutions that seamlessly embed into every application, dashboard and data warehouse is the best way to help ensure that each employee, decision, and business interaction is powered by trusted information.”