Precisely Named a Leader in Gartner Magic Quadrant for Data Quality Solutions
Evaluation Based on Completeness of Vision and Ability to Execute
Precisely, the global leader in data integrity, announced it has been positioned by Gartner in the Leaders quadrant of the Magic Quadrant for Data Quality Solutions1. Precisely, which rebranded from Syncsort earlier this year following its acquisition of the Pitney Bowes software & data business, has been positioned as a Leader in this Magic Quadrant every year since its inception in 2006.
“Data and analytics leaders are facing intensive pressure to provide ‘trusted’ data that can help business operations to run more efficiently and making business decisions faster and with greater confidence,” Gartner notes in the Magic Quadrant. “Data quality initiatives have traditionally been mandated to fulfill compliance requirements and to reduce operational risks and costs. Increasingly, data quality is also a necessity when amplifying analytics for better insights and making trusted, data-driven decisions.”
“As organizations attempt to leverage more data for competitive insight and address the challenges of regulatory compliance and data protection, increasing issues of understanding, data quality, and trust are creating barriers for success,” said Eric Yau, COO of Precisely. “Data is most effective when it is fit-for-purpose and of the right quality for the use case regardless of where it is stored. Whether in traditional operational systems and data warehouses, in a data lake, or in the cloud, organizations must put capabilities in place to ensure compliance and trust and gain new insights through reporting, advanced analytics, or AI and machine learning.”