21 Dec 2021
/ Key word(s): Miscellaneous
Exasol Positioned in 2021 Gartner(R) Magic Quadrant(TM) for Cloud Database Management Systems
"We consider our positioning in this Magic Quadrant report by Gartner as confirmation of our mission to be the analytics platform trusted by the world's most ambitious organizations," said Mathias Golombek, CTO of Exasol. "In an increasingly data-driven environment, we are, and continue to be, completely focused on our customers. We believe this recognition reflects our unique position to deliver a platform to our customers that enables them to access exceptionally fast data analytics so they can make better informed decisions which help to improve overall business performance."
Exasol is a new entrant to this Magic Quadrant report which evaluated 20 vendors in two main categories: completeness of vision and ability to execute. The Gartner Magic Quadrant 'ability to execute' axis included the following criteria: product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations. The 'completeness of vision' axis comprises of the following criteria: market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy.
At the same time, Exasol received a Product Score of 3.43 out of 5 in Logical Data Warehouse Use Case and a Product Score of 3.45 out to 5 in Operational Intelligence Use Case in the Gartner Critical Capabilities for Cloud Database Management Systems for Analytics Use Cases. The company was recognized among 18 vendors for analytical Use Cases in the 2021 report.
"Exasol's journey has been an exciting one - moving from being a very successful small organization to a hypergrowth ambition - and we are very proud of these recognitions. To seize the opportunities ahead of us, we are in the process of strengthening collaborations with key partners to enhance our products and services for customers," said Helena Schwenk, VP of CDAO, Exasol.
Gartner does not endorse any vendor, product or service depicted in our 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.
Isabella Alder, EMEA PR Manager at Exasol
21.12.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
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