The Only Open Source Software Vendor Moves Up in the Leaders Quadrant
REDWOOD CITY, Calif.--(BUSINESS WIRE)--Aug. 9, 2017--
Talend
(NASDAQ:
TLND), a leader in cloud
and big
data integration solutions, today announced it has once again been
recognized by Gartner, Inc. as a Leader in data integration as reported
in the 2017 “Magic Quadrant for Data Integration Tools” report1.
Talend improved its position in the Leaders Quadrant over 2016 moving up
based on its ability to execute. For a complimentary copy of Gartner’s
complete report visit link.
According to Gartner, Inc., “Leaders in the data integration tool market
are front-runners in the capability to support a full range of data
delivery styles. They have also recognized the growing affinity between
data and application integration and are haltingly approaching
location-agnostic deployments (those that are not limited to cloud or
on-premises, but can be deployed beyond a specific location). They are
strong in establishing data integration infrastructure as an enterprise
standard and as a critical component of modern information
infrastructure. They support both traditional and new data integration
patterns in order to capitalize on market demand.
Gartner’s quadrant description continues, “Leaders have significant mind
share in the market, and resources skilled in their tools are readily
available. These vendors recognize, and design to deploy for, emerging
and new market demands — often providing new functional capabilities in
their products ahead of demand, and by identifying new types of business
problem to which data integration tools can bring significant value.
Examples of deployments that span multiple projects and types of use
cases are common among Leaders' customers. Leaders have an established
market presence, significant size and a multinational presence (directly
or through a parent company).”1
“We believe improving our position in the Leaders Quadrant speaks to the
depth and breadth of our solutions and ability to deliver for large
enterprise customers,” said Mike Tuchen, CEO, Talend. “Talend offers
something distinctly different from the other providers in the Leaders
Quadrant. As the only open source-based solutions provider with an agile
integration platform purpose-built for modern cloud and big data
environments, we believe Talend is uniquely positioned to help companies
embrace new market innovations to turn data into a competitive strength.”
In the market overview of the Magic Quadrant, Gartner notes: “Adoption
of a hybrid approach is increasing in the wake of the cloud-first focus
of some digital business strategies, which emphasizes the use of
more-lightweight technologies that are user oriented and adaptable to
change.”
Talend’s data integration platform, Talend
Data Fabric, combines all Talend products into a common set of
easy-to-use tools for any integration style: real-time, batch, big data
or master data management, both on-premises and in the cloud. Optimized
for cloud and multi-cloud data environments, the Talend
Summer ’17 release of Talend Data Fabric delivers comprehensive
support for all major cloud platforms including AWS, Google, and
Microsoft Azure. Additionally, Talend’s open, native, and unified
platform enables organizations to take advantage of the very latest big
data and cloud technologies, including Apache Spark, Hadoop, Flink and
Apache Beam to connect and process data at speed and scale from a wide
range of sources, in order to meet the constantly evolving demands of
modern business.
Gartner estimates that the data integration tools market generated more
than $2.7 billion in software revenue (in constant currency) at the end
of 2016. A projected five-year compound annual growth rate of 6.32% will
bring the total market revenue to around $4 billion in 2021.2
As reported in Talend’s
Q2 Earnings, the company’s cloud and big data solutions each grew at
100% year-over-year for an impressive tenth consecutive quarter.
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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 Talend
Talend (NASDAQ: TLND) is a next-generation leader in cloud and big data
integration software that helps companies make data a strategic asset
that provides realtime, organization-wide insight into customers,
partners, and operations. Through its open, adaptive, and unified
integration platform, Talend delivers the data agility required for
companies to rapidly adopt the latest technology innovations and scale
to meet the constantly evolving demands of modern business. A leader in
the 2017 Gartner Magic Quadrant for Data Integration Tools report and
the Forrester Wave: Big Data Fabric Q4 2016, Talend’s solutions support
over 1500 global enterprise customers including Air France, GE, and
Lenovo, across a range of industries. For more information, please visit www.talend.com
and follow us on Twitter: @Talend.
1Gartner, Inc., “Magic Quadrant for Data Integration
Tools,” Mark A. Beyer, Eric Thoo, Mei Yang Selvage, Ehtisham Zaidi,
August 3, 2017.
2Gartner, Inc., Forecast: Enterprise Software Markets,
Worldwide, 2014-2021, 2Q17 Update, Hai Hong Swinehart et al, June 27,
2017
View source version on businesswire.com: http://www.businesswire.com/news/home/20170809005344/en/
Source: Talend
Talend
Siobhan Lyons, 202-431-9411
slyons@talend.com
or
Chris
Taylor, 408-674-1238
ctaylor@talend.com
