Informatica® (NYSE: INFA), an enterprise cloud data management leader, announced that Gartner, Inc. has recognized the company as a Leader in the 2024 Gartner® Magic Quadrant™ for Integration Platform as a Service, Worldwide (iPaaS). In the latest iPaaS Magic Quadrant, Gartner evaluated 17 vendors and positioned Informatica in the Leaders’ Quadrant based on its Completeness of Vision and Ability to Execute. Vendors were evaluated on several criteria such as innovation, market understanding, customer experience, and more.
“We at Informatica believe that the recognition is a strong testament to our focus on innovating integration capabilities to adapt to changing market needs,” said Jitesh S Ghai, Chief Product Officer at Informatica. “Today enterprises are actively seeking integration solutions to automate complex business processes, API based integration and accommodate diverse integration patterns while maintaining cost-effectiveness and compliance. This requires no-code/low-code capabilities, with powerful AI-driven automation to make integration simpler and more accessible to all. Our vision to enable a unified AI-powered platform that facilitates various integration services makes Informatica a trusted choice for iPaaS.”
iPaaS customers are looking for their custom needs assembled into a cloud-based tool set, designed to handle the increased data volume associated with cloud environments, sprawl of APIs, explosion of SaaS apps, mobile device support, accelerated application development cycles and complex B2B transactions. This often includes real-time & event driven integration, where the goal is to minimize disruptions caused by application interaction incompatibilities and diverse data formats. To meet these needs, Informatica has organically developed robust integration capabilities, enabling the seamless integration of all its iPaaS services. The organic approach has allowed Informatica to build a cohesive ecosystem, ensuring that all Informatica iPaaS services are tightly integrated with one another. Additionally, Informatica’s consumption-based pricing model ensures simplicity, flexibility, cost-effectiveness and transparency for our customers.
According to Gartner, “Leaders have a deep understanding of the iPaaS market. They have a record of strong execution and an ability to influence the market’s direction. Leaders have a clear product roadmap to solidify the product’s position and to help buyers protect their investments. Leaders continuously expand their capabilities to deliver functionally rich platforms that bring significant value to customers. They support numerous integration use cases and address new business problems. They have a large network of partners that provide localized support and services to customers across most geographic regions. Leaders are well-positioned to remain dominant as the iPaaS market evolves.”
Download your complimentary copy of the 2024 Gartner® Magic Quadrant™ for iPaaS here.
Gartner, Magic Quadrant for Integration Platform as a Service, Keith Guttridge, Andrew Comes, Shrey Pasricha, Max van den Berk, Andrew Humphreys, February 19, 2024.
GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, and MAGIC QUADRANT is a registered trademark of Gartner, Inc. and/or its affiliates and are used herein with permission. All rights reserved. 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.
For more such updates, follow us on Google News Martech News