Informatica Positioned as Highest on Ability to Execute and Farthest to the Right for Completeness of Vision for its Cloud-Native Enterprise iPaaS
Informatica®, the enterprise cloud data management leader, today announced that Gartner, Inc., a leading IT research and advisory firm, has, for the seventh consecutive year, positioned Informatica as a Leader in its Magic Quadrant for Enterprise Integration Platform as a Service1. In the 2020 report, Informatica is positioned the highest on the ability to execute and farthest to the right on completeness of vision. The complete report, including the Magic Quadrant graphic, was published on September 21.
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Gartner estimates that “the iPaaS market was $2.5 billion in revenue during 2019 and grew by approximately 48%, compared with 2018.” In addition, it estimates that “the iPaaS market will reach $4.8 billion in revenue by 2024.”
According to the Gartner Magic Quadrant for EiPaaS report: “There is emphasis on the need to automate processes, accelerate digital transformation, respond to drastic business changes, and accelerate plans to adopt the cloud in order to contain costs and increase flexibility. Providers will strive to further improve EiPaaS developers’ productivity, reduce the time to value and shorten the learning curve to ease deployments and expand their reach to potential buyers. Enhanced product development, with a focus on the use of AI, such as ML and NLP, to assist development and operation, will enrich packaged integration process portfolios, enable CI/CD and DevOps, and extend the range of supported use cases (including in hybrid, multicloud scenarios).”
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Informatica Intelligent Cloud Services (IICS), the industry’s leading enterprise iPaaS (EiPaaS), is the most modern, cloud-native, microservices-based, API-driven and AI-powered platform, offering the highest level of enterprise scalability and trust. IICS is built on a comprehensive microservices-based architecture that allows companies to address data integration, application and data management initiatives – both on premises and in any part of a multi-cloud environment. A single user experience across various integration and data management patterns facilitates user productivity across the platform, and the AI and machine learning capabilities of Informatica’s CLAIREâ„¢ engine enable companies to automate and accelerate data management and governance processes for digital transformation. Today the Informatica Intelligent Cloud Services platform supports 18 trillion transactions per month and is built from the ground up with data security at its core.
“To us, Informatica’s recognition as a Leader in the Gartner Magic Quadrant for Enterprise Integration Platform as a Service for seven straight years is a testament to our commitment to simplify the complex data integration journey for our customers,” said Jitesh Ghai, SVP and GM, Data Management, Informatica. “IICS is reimagined for modern multi-cloud and hybrid integration challenges across application, API, and data integration, as well as modern data management patterns supporting master data management, data quality, governance, and privacy.”
In addition to being positioned highest on the ability to execute and farthest to the right on completeness of vision in the Gartner 2020 Magic Quadrant for Enterprise Integration Platform as a Service, Gartner has named Informatica a Leader in four other markets – in four Gartner Magic Quadrants.