Denodo, the data management company, has been recognised as a Leader in The Forrester Wave: Enterprise Data Fabric, Q1 2024. This commendation from the analyst firm Forrester Research highlights Denodo's innovative support for enterprise-wide data fabric strategies encompassing real-time analytics, customer 360, data engineering, data science, IoT analytics, operational insights, and predictive analytics use cases.
The Forrester report evaluated Denodo alongside 14 other vendors across 26 criteria which included current offering, strategy, and market presence. As part of its evaluation, the report noted an industry shift from data fabric usage being traditionally focused on read-only analytical use cases to a more versatile, transactional fabric. This change allows for bidirectional read-and-write capabilities needed for modern applications like microservices and real-time customer experience. As per the report, data fabric's expanded capabilities are now being utilised by businesses to expedite emerging use cases such as customer experience, data science, global transactions, fraud prevention, and real-time insights.
Noel Yuhanna, Forrester VP, Principal Analyst and author of the report, acclaimed Denodo's performance saying, "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."
The Forrester report specifically commended Denodo's strong showing in eight criteria, including deployment options, data access and search, data delivery, data processing and persistence, data transformation and lineage, and data integration. Furthermore, the report highlighted commendations by reference customers for Denodo's flexible platform, technical support, support for data mesh, data integration, and roadmap.
In response to the recognition, Angel Via, CEO and Founder at Denodo, said, "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." He emphasised Denodo's commitment to innovation, emphasising how the platform "simplifies data integration through data virtualization technology, which eliminates unnecessary data movement; accelerates data solutions; speeds up time-to-production; adds self-service capabilities; and enables new Generative AI applications by helping to create contextualized LLM models that learn from patterns in their own business data."
The Denodo Platform offers pioneering services to the IT domain by granting organizations the flexibility to develop their data strategies, migrate to the cloud or logically unify data assets without business disruption. It also fast-tracks data provisioning without the need for costly data replication. The platform underscores the importance of security and governance across multiple systems and empowers business users by enabling self-service for data discovery, access, and preparation.