Denodo, a leading entity in the world of data management, has earned the recognition of the renowned Independent Analyst Firm, Forrester Research, Inc., for its exceptional support for enterprise data fabric with next-generation data management capabilities. In their latest report titled "The Forrester Wave™: Enterprise Data Fabric, Q1 2024," Denodo has been declared as a Leader. The evaluation based on 26 different criteria, including current offering, strategy, and market presence, involved a total of 15 vendors.
The report details that Denodo is a perfect match for customers who lay their focus on a wide data fabric strategy to boost real-time analytics, customer 360, data engineering, data science, IoT analytics, operational insights, and predictive analytics use cases. The trend in data fabric has shifted from focusing mainly on read-only analytical use cases to a transactional fabric that supports innovative applications such as microservices and real-time customer experience. Today's enterprises deploy data fabric to accelerate new and emergent business cases like customer experience, data science, IoT insights, global transactions, fraud prevention, business 360, and real-time insights.
Forrester's VP, Principal Analyst, and author of the report, Noel Yuhanna, acknowledged Denodo's effort by stating, “Denodo Technologies delivers a world-class data fabric solution. [They have] been a longtime player in data virtualization and now support enterprise data fabric with next-generation data management capabilities. Denodo’s superior data fabric roadmap suggests a focus on advanced data integration, GenAI/LLM, vector search, faster data ingestion, automation, and self-service capabilities.” Denodo was awarded the highest scores in eight criteria, including deployment options, data access and search, data delivery, data processing and persistence, data transformation and lineage, and data integration. Denodo's flexible platform, technical support, support for data mesh, data integration, and roadmap, were all allegedly lauded by reference customers.
Denodo's CEO and Founder Angel Via shared his thoughts on the recognition saying, "This Forrester Research recognition validates, in our opinion, the value of our enterprise data fabric deployments and cloud service. Our customers use the Denodo Platform to establish a common data foundation across the IT corporate infrastructure that enables data products to be created at the speed – and with the agility – required by business users." Via also added, "Through this Forrester report, our customers are telling us why Denodo is at the forefront of data management innovation: We simplify data integration through data virtualization technology, which eliminates unnecessary data movement; we accelerate data solutions because we create data ecosystems with true, unified semantics; we speed up time-to-production because we make it faster to access the data in distributed systems; we add self-service capabilities; and we enable new Generative AI applications by helping to create contextualized LLM models that learn from patterns in their own business data."
The Denodo Platform is the manifestation of some of the most recent and best-in-class innovations. It caters to IT organisations with the flexibility to evolve their data strategies, migrate to the cloud or logically unify data assets without disrupting the business. It also accelerates data provisioning without mandating costly data replication and ensuring consistent security and governance across multiple systems. Additionally, the platform empowers business users with self-service capabilities to discover, access, and prepare data independently.