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Paxata Named Cool Vendor for Data Integration and Data Quality by Gartner
|By Business Wire
|May 14, 2014 07:05 AM EDT
Paxata, pioneers of the first Adaptive
Data Preparation™ platform that rapidly connects, explores,
transforms and combines data, today announced that it has been
recognized by Gartner as one of three Cool Vendors in Data Integration
and Data Quality. Each year, Gartner publishes a series of research
reports in key technology areas that highlight interesting, new and
innovative vendors, products and services. Paxata delivers a
cloud-based, self-service environment for data integration,
transformation, quality, enrichment and governance, purpose-built for
"We're honored to be recognized as a Cool Vendor by Gartner,” said
Prakash Nanduri, Co-Founder and CEO of Paxata. “From our earliest days
as a company, we have focused on transforming the lives of business
analysts with a self-service, business-and-IT friendly solution
that reduces the time and friction it takes to get varied data sets
ready for ANY analytics exercise, be it an ad-hoc exercise in a tool
like Tableau, a packaged analytical application such as Anaplan, or a
custom predictive analytics model.”
Before Paxata, 60 percent or more of a business analyst’s time in any
analytic exercise was wasted on manual and mundane data preparation.
Business Intelligence teams lacked a collaborative solution that allowed
them to rapidly explore, clean, enrich, harmonize and combine data,
while also giving IT the necessary capability to provision data and
track how the data gets prepared and by whom, avoiding the legacy
spreadmarts that have created data compliance issues for years.
The Paxata vision is driven by extensive market validation that the next
generation enterprise analytics architecture requires a completely new
unified data preparation platform: one that is built from the ground-up
to supersede the purely relational model by representing the full
spectrum between structured and unstructured data types so users can
automatically detect, clean, combine and enrich multiple data types in
real-time leveraging semantic learning algorithms. In addition,
security, data lineage, and granular usage tracking must be fundamental
services built-in to enable true collaboration with governance. Finally,
this platform must be a cloud native architecture that can elastically
scale with variable enterprise workloads, offering a high degree of
flexibility and much lower cost of ownership than traditional
“As the pioneers of the Adaptive Data Preparation category, everyone at
Paxata is relentless about delivering this next-generation platform.
Data preparation – built from the ground up for business – cannot be an
afterthought, nor can it be achieved by retrofitting legacy platforms,”
said Nanduri. “We are thrilled that Gartner has recognized our efforts
to date, in the first year of commercial availability of our solution.
On behalf of the entire Paxata team, I thank all our customers and
partners for their invaluable support in making this a reality.”
Featuring sophisticated algorithms and a highly interactive,
business-friendly user experience, Paxata delivers pre-built data
preparation services powered by IntelliFusion™, automated by proprietary
machine learning, semantic indexing, statistical pattern recognition and
other text analytics techniques. The elastic, in-memory data preparation
engine is completely model-free and operates over a large variety and
volumes of structured and unstructured data in real-time, enabled by a
vector query processor with columnar data storage. Paxata is setting the
new standard for data preparation that lets users adapt and enrich data
sets on the fly, give peers visibility and collaboration controls as
needed, and lets everyone, including IT, retain historical context of
how data is shaped and prepared over time.
This report follows a number of recent accomplishments for the company,
including its recognition as Red
Herring’s Top 100 North America finalist, Best
Business Analytics Startup by the GigaOm Structure Data Conference,
as well as being named one of the Bay
Area’s Best Places to Work by the San Francisco Business Times.
For the full report, click here.
For a demo or a free PaxFormation: call 1-855-972-9282 or visit http://www.paxata.com
Pax Personal annual licenses are $3500 per analyst – under $300 a month.
For additional pricing details, visit: http://www.paxata.com/pricing
About Gartner's Cool Vendor Selection Process:
Gartner, Inc., Cool Vendors in Data Integration and Data Quality, 2014,
Authors Eric Thoo, Ted Friedman, Saul Judah, Rita L. Sallam, and Roxane
Edjlali, Published: April 2014. 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. 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.
Paxata is the first Adaptive Data Preparation™ platform built for the
business analyst. Now everyone has the ability to rapidly turn all raw
data into ready data for analytics—in minutes, not months – accelerating
the time to right insights and action.
Our customers, Pax Pros, now have the freedom to prepare data on their
own or work with peers in a shared, transparent environment as they
shape data for analytics. Paxata’s seamless connection with BI tools
like Tableau, Qlik and Excel gives business people total flexibility to
use the visualization and discovery solutions they prefer to use. Paxata
is a cloud-based, self-service solution powered by breakthrough
technologies including semantic algorithms, distributed computing
techniques and a highly interactive visual experience.
Paxata dramatically reduces the most painful and manual steps of any
analytic exercise, empowering analysts at market-leading companies like
Dannon, Box and UBS to drive greater value for the business. In
partnership with Cloudera, Tableau and Qlik, Paxata unlocks even greater
potential from Big Data and Business
Intelligence investments. Founded in January 2012, Paxata is
headquartered in Redwood City, California. Visit http://www.paxata.com,
connect on linkedin.com/company/paxata,
follow us at http://www.facebook.com/paxata
and watch us on http://www.Youtube.com/PaxataTV.
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