July 2007: Datactics Data Quality Tools Acclaimed By Gartner In 2007 Magic Quadrant
Confronting data quality issues, the powerful processing techniques delivered by Datactics are recognized by Gartner as being fast and cost effective to implement.
Datactics today announced that it has been recognized by Gartner Research and positioned within its June 2007 analytical report, Magic Quadrant for Data Quality Tools, 2007. Datactics technology is acknowledged as being fast to implement and cost effective while providing broad, integrated capabilities in profiling, matching/merging, cleansing and the monitoring of quality-related metrics.
“We are delighted that the innovative approach we have taken to achieve greater depth and accuracy in data matching through the use of fuzzy logic and parallel processing has been recognized and acknowledged by Gartner”, says Sarah Bearder, CEO, Datactics. “It’s great to see the Datactics name up there with some of the veterans of the industry.”
According to the Gartner report, companies are increasingly recognizing that data quality has a fundamental impact on their most strategic initiatives and are raising the visibility of data quality activity within their enterprise information management programs. While compliance and transparency remain top of the agenda, ensuring the realization of expected benefits from investments in business intelligence and master data management remain an important driver.
“Accurate data is a fundamental requirement of good information systems and data quality is still a major issue for most companies,” says Bearder. “High quality data adds accuracy and value to every business process and that’s the approach we have taken. Datactics technology assists organizations in understanding, resolving and managing the data issues that face them – it’s a product surrounded by processes and techniques to accommodate the foibles of both data and people. We will continue to enhance its features to address these needs."
Many of the databases that drive modern business have quality issues and not enough is being done about this. Corporations are still losing significant amounts of money through missing important opportunities because they operate on information derived from inaccurate data. Therefore, data quality needs to be managed as rigorously as any other corporate asset. Acknowledged to be one of the fastest and most flexible data matching solutions available, Datactics technology has been engineered to process vast datasets of any type, to the required accuracy using fuzzy matching. Thereby helping customers achieve greater productivity, better business efficiency and an improved bottom line.
About the Magic Quadrant
The Magic Quadrants are copyrighted 2007 by Gartner, Inc. and are reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About Datactics
Datactics data quality solutions equip the business user to build a unified, enhanced and accurate view of product, supplier, customer and financial data. Use of Datactics reduces manual data cleansing time and costs, creating faster time to market, driving revenue as well as reducing risk and costs. The company specializes in industries such as distribution, retail and manufacturing.
Datactics has over 10 years experience in the data quality industry. The company has gained industry recognition as a visionary within the Gartner Magic Quadrant for Data Quality Tools since 2007. Datactics has been recognized by Bloor Research and also by Information Difference in its Data Quality Landscape Report. Datactics has a strong portfolio of Fortune 500 customers and other leading organizations, and a worldwide partner network.
