Redwood City, Calif., Jan. 30, 2014 (GLOBE NEWSWIRE) -- Informatica Corporation (Nasdaq:INFA), the world's number one independent provider of data integration software, today announced that Gartner, Inc., a leading IT research and advisory firm, has positioned Informatica as a leader in its January 2014 Magic Quadrant for Enterprise Integration Platform-as-a-Service (iPaaS) report, based on ability to execute and completeness of vision.
The complete report, including the quadrant graphic, is available at: www.informatica.com/us/ipaas-magic-quadrant
According to the Gartner iPaaS report, an iPaaS enables subscribers to "implement integration projects involving any combination of cloud-resident and on-premise endpoints - data sources, applications, services (in the service-oriented architecture sense of the word), APIs and processes."
Gartner analysts wrote that "the iPaaS market is poised to dramatically grow over the next five years," and Gartner projects a compound annual growth rate (CAGR) of "almost 30% between 2012 and 2017."
According to the report, iPaaS growth drivers include "the explosion of CSI, MAI, API and Internet of Things," and "the emergence of the agile integration approach and citizen integrators." Gartner also projects iPaaS growth being driven by adoption by small or midsize businesses (SMBs) due to the low entry costs and ease of use.
"We believe our leadership position in the Gartner Magic Quadrant for Enterprise iPaaS showcases our strengths in providing a comprehensive iPaaS solution that is trusted by our global customers to securely process billions of transactions every day from a broad spectrum of information assets, including software-as-a-service applications, on-premises applications, databases, files, mobile and social data sources," said Ash Kulkarni, senior vice president and general manager, Data Integration, Informatica. "As customers aggressively adopt Hybrid IT strategies with a combination of Cloud and on-premises investments, our iPaaS solution helps customers create unified business processes through real-time data, service or process integration - and unlock the full potential of their cloud applications."
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Informatica Leadership in other recent Gartner Magic Quadrant reports:
· Gartner 2013 Magic Quadrant for Data Masking Technology (December 12, 2013)
· Gartner 2013 Magic Quadrant for Master Data Management of Product Data Solutions (November 19, 2013)
· Gartner 2013 Magic Quadrant for Master Data Management of Customer Data Solutions (October 21, 2013)
· Gartner 2013 Magic Quadrant for Data Quality Tools (October 9, 2013)
· Gartner 2013 Magic Quadrant for Data Integration Tools (July 17, 2013)
About the Magic Quadrant
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. 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.
About Informatica
Informatica Corporation (Nasdaq:INFA) is the world's number one independent provider of data integration software. Organizations around the world rely on Informatica to realize their information potential and drive top business imperatives. Informatica Vibe, the industry's first and only embeddable virtual data machine (VDM), powers the unique "Map Once. Deploy Anywhere." capabilities of the Informatica Platform. Worldwide, over 5,000 enterprises depend on Informatica to fully leverage their information assets from devices to mobile to social to big data residing on-premise, in the Cloud and across social networks. For more information, call +1 650-385-5000 (1-800-653-3871 in the U.S.), or visit www.informatica.com. Connect with Informatica at http://www.facebook.com/InformaticaCorporation, http://www.linkedin.com/company/informatica and http://twitter.com/InformaticaCorp.
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Informatica, Informatica Cloud, the Informatica Platform and Informatica Vibe are trademarks or registered trademarks of Informatica Corporation in the United States and in jurisdictions throughout the world. All other company and product names may be trade names or trademarks of their respective owners.