Precisely Named a Leader in IDC MarketScape: Worldwide Data Intelligence Platform Software, 2024

News provided by

Nov 14, 2024, 11:19 ET

Industry recognition based on demonstrated capabilities and alignment of strategies with customer requirements in data intelligence

BURLINGTON, Mass. , Nov. 14, 2024 /PRNewswire/ -- Precisely, the global leader in data integrity, today announced it was named a leader in the IDC MarketScape: Worldwide Data Intelligence Platform Software, 2024* report. The in-depth assessment highlights the strengths of the Precisely Data Integrity Suite in meeting data intelligence needs with accurate, consistent, and contextual data.

To receive a complimentary excerpt of the report, download it here.

According to the IDC MarketScape, "Precisely's data intelligence platform is built on a shared data catalog that natively harvests metadata from all services in the Data Integrity Suite. This enables greater data intelligence without expensive or time-consuming data integration configurations." The report also noted, "The suite's modular design allows customers to select needed capabilities, offering customers flexibility and scale in their data intelligence platform. One of the key differentiators for Precisely is its geospatial data management capabilities, covering address cleansing and standardization as well as location-based data enrichment and analytics." The report also noted, "Precisely utilizes AI to automatically assess and enhance data quality throughout the platform, employing machine learning algorithms for anomaly detection, data cleansing, and data integrity scoring."

IDC defines a data intelligence software platform as one product that includes data definition, profiling, quality, lineage, cataloging, and stewardship (governance) capabilities. The IDC MarketScape evaluated 13 vendors based on capabilities and strategies that align with customer requirements.

"As data demands and regulations continue to evolve, Precisely is enabling organizations to gain comprehensive control over their data landscape and have confidence in the outcomes of their advanced analytics and AI initiatives," said Chris Hall, Chief Product Officer, Precisely. "We believe this recognition from the IDC MarketScape confirms the value our single platform approach brings, providing unmatched flexibility and expertise to fit the needs of any company's data journey."

The Precisely Data Integrity Suite, which relies on the Data Integrity Foundation to drive its interoperable set of SaaS services, provides comprehensive visibility into data intelligence, AI-enhanced data governance and quality, scalable support of hybrid environments, and unique geospatial capabilities.

To learn more about the Data Integrity Suite, visit here.

*IDC MarketScape: Worldwide Data Intelligence Platform Software 2024 Vendor Assessment, doc #US51467224, November 2024

About IDC MarketScape

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Precisely
As a global leader in data integrity, Precisely ensures that your data is accurate, consistent, and contextual. Our portfolio, including the Precisely Data Integrity Suite, helps integrate your data, improve data quality, govern data usage, geocode and analyze location data, and enrich with complementary datasets for confident business decisions. Over 12,000 organizations in more than 100 countries, including 93 of the Fortune 100, trust Precisely software, data, and strategy services to power AI, automation, and analytics initiatives. Learn more at www.precisely.com.

Logo - https://mma.prnewswire.com/media/2408758/5024108/Precisely_Logo.jpg

SOURCE Precisely