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Denodo achieves leadership position in Forrester enterprise data fabric evaluation

Denodo achieves leadership position in Forrester enterprise data fabric evaluation

According to a recent announcement from Denodo, a data management firm, the company has been acknowledged as a Leader in The Forrester Wave: Enterprise Data Fabric, Q1 2024.

Denodo focuses on an enterprise-wide data fabric strategy, meeting diverse analytics requirements such as real-time analytics, customer 360, data engineering, data science, IoT analytics, operational insights and predictive analytics.

Denodo and 14 other vendors were assessed across 26 criteria, encompassing their current offerings, strategy and market presence.

Noel Yuhanna, the author of the report and a principal analyst at Forrester, believes that Denodo Technologies offers an exceptional data fabric solution. With a strong history in data virtualization, they now support enterprise data fabric featuring advanced data management capabilities, Yuhanna states.

“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,” adds Yuhanna.

Denodo excels in eight criteria, including deployment options, data access and data integration. According to the report, reference customers appreciate Denodo’s flexible platform, technical support and roadmap.

Forrester Research’s acknowledgment confirms the importance of enterprise data fabric implementations and cloud services, notes Angel Viña, the CEO and founder of Denodo.

“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,” says Viña.

Customers highlight Denodo’s leadership in data management innovation in the Forrester report. Key points include simplified data integration with virtualization tech, accelerated data solutions through unified semantics and faster time-to-production by accessing data in distributed systems.

Other points include adding self-service capabilities and facilitating generative AI applications with contextualized LLM models learning from business data patterns.

Last year, Denodo announced a $336 million investment in the company by TPG via TPG Growth’s equity platform.

Read more:

Denodo rolls out latest data management platform upgrades

Living on the edge: the new horizon for analytics

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