PITTSBURGH – November 2, 2022 – Innovative Systems, Inc. (Innovative), a global leader in the development and delivery of high-performance enterprise data management and risk management solutions, is pleased to again be recognized as a Challenger by Gartner in their 2022 Magic Quadrant for Data Quality Solutions report. According to the report, “Challengers have established presence, credibility and viability, along with robust product capabilities and solid sales and marketing execution.”
“We are proud to be acknowledged as a Challenger in the Magic Quadrant report,” stated David Schneider, Innovative’s head of data quality product marketing. “Innovative’s on-premise and cloud-based solutions have been relied on for decades by many of the world’s largest banks, insurance companies, retailers, utilities, and many other industries to ensure accurate and complete data to support their everyday operations and decision-making. We align our software offerings and expert, in-house professional services team with the individual needs of our customers to deliver solutions that solve their most difficult data problems.”
Companies today are experiencing higher data volumes flowing into and through their organizations than ever before, and the difficulty in managing this data grows exponentially. Mergers and acquisitions, global expansion, data-as-a-service, and data democratization are just some factors that contribute to ongoing data quality decline.
“The need to ensure that data remains of the highest quality possible is paramount to the successful growth of an organization,” said Schneider. “According to Gartner, ‘By 2024, 90% of data quality technology buying decisions will focus on ease of use, automation, operational efficiency and interoperability as the critical decision factors.’
“Companies that have not had data quality problems in the past are finding that as they acquire more and more data, their data issues are growing as well, but they don’t always have the resources to keep up. Our SaaS offerings allow customers to augment their on-premise software with cloud-based services – a hybrid solution – or even to go 100% cloud-based, with Innovative managing their data quality processing for them. This is an effective solution for data migrations, keeping CRM systems clean and within compliance, or simply for ongoing enterprise data management.”
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Vice President, Marketing Communications