NUREMBERG, Germany, March 3, 2016 /PRNewswire/ --
The growth and momentum of EXASOL has once again been recognized by leading analyst firm, Gartner Inc, by placing the company in the 2016 Magic Quadrant for Data Warehouse and Data Management Solutions for Analytics*, authored by analysts Mark A. Beyer and Roxane Edjlali.
EXASOL, the company behind the world's fastest and most cost-effective in-memory analytic database, has been given what EXASOL believes is its most improved positioning yet based on its completeness of vision and ability to execute. The positioning is also based on a weighting by the analyst firm that includes feedback from EXASOL customers. Over the past 12 months, EXASOL has witnessed a growth in the adoption of its in-memory database, which has now been recognized via its improved positioning in the report. In 2015 alone, customer adoption rate grew by 41% YOY and the company now serves over 100 customers in 16 countries.
Aaron Auld, EXASOL's CEO, comments: "It's the fifth time that EXASOL has been included in the Magic Quadrant for Data Warehouse and Data Management Solutions for Analytics report, and we are delighted we have been given this recognition by what we feel is our most improved positioning. We believe our vision and our execution are valued with increasing positivity, and customer feedback tells us that we are the right track for even further growth. We put our customers at the heart of everything we do and we ensure that they benefit accordingly from an analytic database that helps them to protect their investment, allows them to build new services and also become innovators in their organizations. We are immensely proud that our efforts have been recognized in such a positive way."
One of the few independent vendors left in the analytic database market, EXASOL continues to build solid strategic partnerships with hardware, data visualization, BI and cloud providers including Tableau, Birst and Microsoft Azure.
For more information on how to get started with EXASOL, go to http://www.exasol.com
*Gartner, Inc., Magic Quadrant for Data Warehouse and Data Management Solutions for Analytics, Analysts Mark A. Beyer and Roxane Edjlali, published 25 February 2016, is available for purchase at http://www.gartner.com/document/3225818
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About The Magic Quadrant
EXASOL is passionate about helping companies to run their businesses smarter and drive profit by analyzing data and information at unprecedented speeds. The company develops the world's fastest database for analytics and data warehousing and offers first-class know-how and expertise in data insight and analytics. The in-memory analytic database is the first database to combine in-memory, columnar compression and massively parallel processing, and is proven to be the world's FASTEST, topping the list in the TPC-H Benchmark tests for performance. Companies that depend on EXASOL to analyze their data in real-time include Adidas Group, GfK, IMS Health, King, Olympus, MyThings, Sony Music and Xing. Follow EXASOL on Twitter at @EXASOLAG