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Informatica Positioned In Leaders Quadrant In Data Quality Tools  

From Informatica Press Release, this is an important win for Informatica.

Informatica Corporation (NASDAQ: INFA), the leading independent provider of data integration software and services, today announced that it has been positioned by Gartner, Inc. in the leaders’ quadrant in the 2008 Magic Quadrant for Data Quality Tools report.

Ted Friedman and Andreas Bitterer, authors of the report state, “leaders in the market demonstrate strength across a complete range of data quality functionality, including profiling, parsing, standardization, matching, validation and enrichment. They exhibit a clear understanding and vision of where the market is headed, including recognition of noncustomer data quality issues and the delivery of enterprise-level data quality implementations. Leaders have an established market presence, significant size and a multinational presence.”

According to the report, “growth, innovation and volatility (via mergers and acquisitions) continue to shape the market for data quality tools. Investment on the part of buyers and vendors is increasing as organizations recognize the value of these tools in master data management and information governance initiatives.” The complete report, including the quadrant graphic, is available on the Informatica web site at http://www.informatica.com/dq_mq/.

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Written by Guru Kirthigavasan

June 20th, 2008 at 6:01 am

Improving data quality without breaking the bank  

Interesting article on Data Quality from B To B Mag-

Today, most corporations are tightening the screws on their corporate cash drawers. In attempts to conserve funds yet still reach stated revenue goals, businesses are turning to their existing customer bases to generate incremental revenues. This is a logical step as the costs to cross-sell additional products and/or services to existing customers are far less than those required to attract new customers. Obviously, this puts tremendous pressure on the accuracy of databases.

As one-to-one relationship marketing becomes more the norm, databases are expanding at exponential rates. In fact, corporate databases double in size roughly every six to nine months. These two factors alone should be sufficient stimulus for businesses to get their databases in order in a cost-effective manner. The average business database contains a staggering amount—15% to 40%—of bad data. That means roughly one in four pieces of marketing material mailed is worthless.

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Written by Guru Kirthigavasan

May 29th, 2008 at 8:12 pm

Datactics Delivers Data Quality Management  

From the Press Release

“With unicode, data agnostic and grid enabled computing functionality embedded in its technology Datactics can resolve complex data quality issues emerging as a result of the global nature of businesses. “Being an innovator in the data quality management arena, Datactics’ applications have evolved to incorporate sophisticated functionality that exceeds the requirements of traditional data cleansing,” says Sarah Bearder, Cofounder of Datactics. “Datactics can effectively manage product data in multiple languages and metrics distributed across various computing resources to increase global purchasing leverage and optimize supply chain operations. Foremost the deployment of grid enabled computing means organizations can now manage highly intensive data quality processes by simply adding in-house commodity computers to increase processing speed, which provides a cost effective means of gaining super computing power.”

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Written by Guru Kirthigavasan

May 19th, 2008 at 5:22 am