Denodo, a leader in data management, announced that Forrester Research, Inc. has ranked first in the Forrester Wave, Q1 2024: Enterprise Data Weaving. Denodo was named a leader in the report. “Denodo is ideally suited for customers focused on an enterprise-wide data weaving strategy and can be used to support use cases such as real-time analytics, customer panoramic analysis, data engineering, data science, IoT analytics, operational insights, and predictive analytics,” the report said. and 14 other vendors were evaluated using 26 criteria, including current products, strategy and market share.
Wave shows that while data weaving has traditionally focused on read-only analytics use cases, there is now a clear shift toward transactional fabrics that leverage bidirectional read and write capabilities to support modern applications such as microservices and real-time customer experiences. Today, enterprises are leveraging data weaving to accelerate emerging business applications such as customer experience, data science, IoT insights, global transactions, fraud prevention, business panoramic analytics, and real-time insights.
“Denodo Technologies provides world-class data weaving solutions,” said Noel Yuhanna, vice president, principal analyst at Forrester and author of the report. “[They] have long been committed to data virtualization and now support enterprise data with next-generation data management capabilities. Weaving. Denodo’s superior data weaving roadmap focuses on: advanced data integration, generative AI/big language models, vector search, faster data ingestion, automation and self-service capabilities.”
Also Read: Couchbase Announces New Features to Accelerate AI-Powered Adaptive Applications for Customers
Denodo received top scores in eight criteria including deployment options, data access and search, data delivery, data processing and persistence, data transformation and lineage, and data integration. The report states that interviewed customers like Denodo’s flexible platform, technical support, support for data grids, data integration and roadmap.
“We believe this recognition from Forrester Research validates the value of our enterprise data weaving deployments and cloud services,” said Angel Viña, CEO and founder of Denodo. “Our customers use the Denodo platform to build a common infrastructure across their IT enterprise infrastructure.” A data foundation that enables data products to be created with the speed and flexibility business users demand. With this Forrester report, our customers explain why Denodo is at the forefront of data management innovation: Simplifying data integration through data virtualization technology , eliminating unnecessary data movement; accelerating the production of data solutions because Denodo creates a data ecosystem with truly unified semantics; reducing production time, accessing data in distributed systems becomes faster with Denodo; increasing self-service Service function; enabling new generative AI applications by helping to create contextualized large language models that learn from their own business data patterns.”
Leveraging the latest innovations from the industry’s best, the Denodo Platform:
– Provide IT organizations with the flexibility to evolve their data strategy, migrate to the cloud, or logically unify data assets without disrupting the business.
– Accelerate data provisioning without expensive data replication.
– Support consistent security and governance across multiple systems.
– Enable self-service by enabling business users to discover, access and prepare data on their own.
SOURCE: BusinessWire