SPARK Matrix™: Data Governance Solutions, Q2 2023

Data governance is a collaborative practice that allows businesses to discover and manage their data, ensuring that it is secure, accurate, and usable. Data governance solutions increase corporate visibility by defining processes, roles, and policies that enable organizations to achieve their objectives. The solution typically performs functions such as master data management, data quality, data catalogs, and data privacy and protection to assist businesses in their decision making.

Data governance is becoming more prevalent as it plays a crucial role in expediting an organizations digital transformation journey. The major driver that pushed organizations to adopt a data governance framework for the protection of their data was the global regulations such as General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA). Organizations can leverage data governance solutions to improve their business initiatives by making their data responsible, ethical, compliant, and accountable.

Quadrant Knowledge Solutions’ data governance solutions market research includes a detailed analysis of the global market regarding short-term and long-term growth opportunities, emerging technology trends, market trends, and future market outlook. The study provides a comprehensive market forecast analysis of the global market and the overall market adoption rate as well. This research provides the strategic information for technology vendors to better understand the existing market and supporting their growth strategies, and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.

The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes ranking and positioning of the leading data governance solutions vendors with a global impact including – Aim, Alation, Ataccama, BigID, Cloudera, Collibra, Congruity360, data.world, erwin by Quest, GhangorCloud, Global IDs, Hitachi Vantara, Informatica, Immuta, MEGA International, Okera, OneTrust, Precisely, Privacera, Privitar, Solix, Syniti, and Talend.

According to Manish Chand Thakur, Analyst at Quadrant Knowledge Solutions, “Leading vendors are providing functions to assist ongoing data governance, which will aid in the organizations data management initiatives. These may support the creation of data stewardship, increase analytics accuracy, data quality rules, data security, and transparency to augment further the benefit of adopting data governance solutions. The leading data governance solutions vendors are also increasingly adding the features like automated data integration, self-service application, detailed lineage and analysis, and metadata management. These solutions are also increasingly being used for emerging use cases, including the inclusion of AI to enhance the implementation of security and compliance.”

Q2 2023,SPARK Matrix™: Data Governance Solutions
Source: Quadrant Knowledge Solutions

Table of Contents                                         

Executive Overview

Market Definition and Overview

Competitive Landscape and Analysis

Key Competitive Factors and Technology Differentiators

SPARK Matrix™: Data Governance Solutions, Q2, 2023

Vendor Profile

Research Methodologies

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