Talend, a cloud and big data integration solutions provider, has once again been recognised by Gartner as a leader in data integration as reported in the 2017 “Magic Quadrant for Data Integration Tools” report. Talend improved its position in the Leaders Quadrant over 2016, moving up based on its ability to execute.
“We believe improving our position in the Leaders Quadrant speaks to the depth and breadth of our solutions and ability to deliver for large enterprise customers,” said Mike Tuchen, CEO, Talend. “Talend offers something distinctly different from the other providers in the Leaders Quadrant. As the only open source-based solutions provider with an agile integration platform purpose-built for modern cloud and big data environments, we believe Talend is uniquely positioned to help companies embrace new market innovations to turn data into a competitive strength.”
In the market overview of the Magic Quadrant, Gartner noted: “Adoption of a hybrid approach is increasing in the wake of the cloud-first focus of some digital business strategies, which emphasises the use of more-lightweight technologies that are user-oriented and adaptable to change.”
Talend’s data integration platform, Talend Data Fabric, combines all Talend products into a common set of tools for any integration style: real-time, batch, big data or master data management, both on-premises and in the cloud. Optimised for cloud and multi-cloud data environments, the Talend Summer ’17 release of Talend Data Fabric delivers comprehensive support for all major cloud platforms including AWS, Google, and Microsoft Azure. Additionally, Talend’s open, native, and unified platform enables organisations to take advantage of the very latest big data and cloud technologies, including Apache Spark, Hadoop, Flink and Apache Beam to connect and process data at speed and scale from a wide range of sources, to meet the constantly evolving demands of modern business.
Gartner estimates that the data integration tools market generated more than $2.7bn in software revenue (in constant currency) at the end of 2016. A projected five-year compound annual growth rate of 6.32% will bring the total market revenue to around $4bn in 2021.
As reported in Talend’s Q2 Earnings, the company’s cloud and big data solutions each grew at 100% year-on-year for the 10th consecutive quarter.