The Gartner Magic Quadrant for Business Intelligence and Analytics Platforms is a graphical representation of the market for business intelligence (BI) and analytics platforms. It positions vendors based on their ability to execute and completeness of vision.
The 2019 Gartner Magic Quadrant for Business Intelligence and Analytics Platforms was released on February 13, 2019. It includes 20 vendors and is based on a rigorous evaluation process that considers a variety of factors, including product capabilities, market share, customer satisfaction, and financial performance.
The Gartner Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. It can help businesses understand the strengths and weaknesses of different vendors and make informed decisions about which platform is right for their needs.
gartner magic quadrant 2019 business intelligence
The Gartner Magic Quadrant for Business Intelligence and Analytics Platforms is an important tool for businesses that are evaluating BI and analytics platforms. It can help businesses understand the strengths and weaknesses of different vendors and make informed decisions about which platform is right for their needs.
- Vendor evaluation: The Magic Quadrant evaluates vendors based on their ability to execute and completeness of vision.
- Market share: The Magic Quadrant takes into account the market share of different vendors.
- Customer satisfaction: The Magic Quadrant considers customer satisfaction levels when evaluating vendors.
- Financial performance: The Magic Quadrant also considers the financial performance of different vendors.
- Product capabilities: The Magic Quadrant evaluates the product capabilities of different vendors.
- Industry trends: The Magic Quadrant takes into account industry trends when evaluating vendors.
These are just a few of the key aspects that businesses should consider when evaluating the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms. By understanding these aspects, businesses can make informed decisions about which BI and analytics platform is right for their needs.
Vendor evaluation
Vendor evaluation is a critical component of the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms. The Magic Quadrant evaluates vendors based on their ability to execute and completeness of vision. This means that the Magic Quadrant takes into account both a vendor’s current capabilities and its future potential.
- Ability to execute: The Magic Quadrant evaluates a vendor’s ability to execute based on factors such as market share, customer satisfaction, and financial performance.
- Completeness of vision: The Magic Quadrant evaluates a vendor’s completeness of vision based on factors such as product capabilities, innovation, and market understanding.
The Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding a vendor’s ability to execute and completeness of vision, businesses can make informed decisions about which platform is right for their needs.
Market share
Market share is an important factor that the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms takes into account when evaluating vendors. Market share is a measure of the percentage of the total market that a vendor controls. It is an indicator of a vendor’s popularity and success.
- Vendor popularity: Market share can be an indicator of a vendor’s popularity. Vendors with a high market share are typically well-known and have a strong reputation in the industry.
- Vendor success: Market share can also be an indicator of a vendor’s success. Vendors with a high market share are typically financially successful and have a large customer base.
The Magic Quadrant considers market share when evaluating vendors because it is an important indicator of a vendor’s ability to execute. Vendors with a high market share are typically able to execute well because they have a large customer base and a strong understanding of the market.
Customer satisfaction
Customer satisfaction is an important factor that the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms takes into account when evaluating vendors. Customer satisfaction is a measure of how satisfied customers are with a vendor’s products and services. It is an indicator of a vendor’s ability to meet the needs of its customers.
The Magic Quadrant considers customer satisfaction because it is an important indicator of a vendor’s ability to execute. Vendors with high customer satisfaction are typically able to execute well because they have a strong understanding of their customers’ needs and are able to meet those needs.
For example, a vendor with high customer satisfaction is likely to have a low churn rate. This means that customers are less likely to switch to a different vendor. A low churn rate is an indicator of a vendor’s ability to retain customers and grow its market share.
The Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding a vendor’s customer satisfaction levels, businesses can make informed decisions about which platform is right for their needs.
Financial performance
Financial performance is an important factor that the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms takes into account when evaluating vendors. Financial performance is a measure of a vendor’s financial health and stability. It is an indicator of a vendor’s ability to invest in research and development, marketing, and customer support.
The Magic Quadrant considers financial performance because it is an important indicator of a vendor’s ability to execute. Vendors with strong financial performance are typically able to execute well because they have the resources to invest in their products and services.
For example, a vendor with strong financial performance is likely to be able to invest in research and development. This investment can lead to new and innovative products and features that can benefit customers.
The Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding a vendor’s financial performance, businesses can make informed decisions about which platform is right for their needs.
Product capabilities
Product capabilities are an important factor that the Gartner Magic Quadrant for Business Intelligence and Analytics Platforms takes into account when evaluating vendors. Product capabilities refer to the features and functionality of a vendor’s products. They are an indicator of a vendor’s ability to meet the needs of its customers.
The Magic Quadrant considers product capabilities because they are an important indicator of a vendor’s ability to execute. Vendors with strong product capabilities are typically able to execute well because they have a deep understanding of their customers’ needs and are able to develop products that meet those needs.
For example, a vendor with strong product capabilities is likely to have a product that is easy to use, scalable, and reliable. These features are important for businesses that are looking for a BI and analytics platform that can help them make better decisions.
The Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding a vendor’s product capabilities, businesses can make informed decisions about which platform is right for their needs.
Industry trends
The Gartner Magic Quadrant for Business Intelligence and Analytics Platforms takes into account industry trends when evaluating vendors. This is because industry trends can have a significant impact on the success of a BI and analytics platform.
For example, the increasing popularity of cloud computing has led to a growing demand for cloud-based BI and analytics platforms. Vendors that are able to offer cloud-based platforms are more likely to be successful in the long run.
Another important industry trend is the growing adoption of artificial intelligence (AI) and machine learning (ML). AI and ML can be used to improve the accuracy and efficiency of BI and analytics platforms. Vendors that are able to incorporate AI and ML into their platforms are more likely to be successful in the long run.
The Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding industry trends, businesses can make informed decisions about which platform is right for their needs.
FAQs on Gartner Magic Quadrant 2019 for Business Intelligence
This section addresses frequently asked questions (FAQs) about the Gartner Magic Quadrant 2019 for Business Intelligence and Analytics Platforms.
Question 1: What is the Gartner Magic Quadrant?
The Gartner Magic Quadrant is a graphical representation of the market for business intelligence (BI) and analytics platforms. It positions vendors based on their ability to execute and completeness of vision.
Question 2: What factors are considered in the Gartner Magic Quadrant?
The Gartner Magic Quadrant considers a variety of factors when evaluating vendors, including product capabilities, market share, customer satisfaction, financial performance, and industry trends.
Question 3: What is the difference between ability to execute and completeness of vision?
Ability to execute measures a vendor’s current capabilities, while completeness of vision measures a vendor’s future potential. The Gartner Magic Quadrant evaluates vendors based on both their ability to execute and completeness of vision.
Question 4: How can businesses use the Gartner Magic Quadrant?
Businesses can use the Gartner Magic Quadrant to understand the strengths and weaknesses of different BI and analytics platforms. This information can help businesses make informed decisions about which platform is right for their needs.
Question 5: What are some of the key takeaways from the Gartner Magic Quadrant 2019 for Business Intelligence?
Some of the key takeaways from the Gartner Magic Quadrant 2019 for Business Intelligence include the growing importance of cloud-based BI and analytics platforms and the increasing adoption of AI and ML in BI and analytics platforms.
Question 6: How can businesses stay up-to-date on the latest trends in the BI and analytics market?
Businesses can stay up-to-date on the latest trends in the BI and analytics market by reading industry reports, attending conferences, and talking to vendors.
The Gartner Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By understanding the factors that are considered in the Magic Quadrant, businesses can make informed decisions about which platform is right for their needs.
Tips for Using the Gartner Magic Quadrant 2019 for Business Intelligence
The Gartner Magic Quadrant for Business Intelligence and Analytics Platforms is an important tool for businesses that are evaluating BI and analytics platforms. By following these tips, businesses can get the most out of the Magic Quadrant and make informed decisions about which platform is right for their needs.
Tip 1: Understand the evaluation criteriaThe Magic Quadrant evaluates vendors based on a variety of factors, including product capabilities, market share, customer satisfaction, financial performance, and industry trends. It is important to understand these criteria and how they are weighted in order to make informed decisions about which vendors to consider.Tip 2: Consider your specific needsThe Magic Quadrant is a general overview of the BI and analytics market. It is important to consider your specific needs and requirements when evaluating vendors. For example, if you need a cloud-based platform, you should focus on vendors that offer cloud-based solutions.Tip 3: Read the vendor profilesThe Magic Quadrant provides detailed profiles of each vendor. These profiles include information about the vendor’s products, services, and financial performance. It is important to read these profiles carefully to get a better understanding of each vendor.Tip 4: Talk to vendorsOnce you have identified a few vendors that you are interested in, it is important to talk to them directly. This will give you an opportunity to ask questions and get more information about their products and services.Tip 5: Get a demoIf you are serious about purchasing a BI and analytics platform, it is important to get a demo. This will give you an opportunity to see the platform in action and get a better understanding of its capabilities.SummaryThe Gartner Magic Quadrant is an important tool for businesses that are evaluating BI and analytics platforms. By following these tips, businesses can get the most out of the Magic Quadrant and make informed decisions about which platform is right for their needs.
Conclusion
The Gartner Magic Quadrant for Business Intelligence and Analytics Platforms is an important tool for businesses that are evaluating BI and analytics platforms. It provides a comprehensive overview of the market and can help businesses make informed decisions about which platform is right for their needs.
The key takeaways from the 2019 Gartner Magic Quadrant for Business Intelligence and Analytics Platforms include the growing importance of cloud-based BI and analytics platforms and the increasing adoption of AI and ML in BI and analytics platforms. Businesses that are looking for a BI and analytics platform should consider these trends when making their decisions.
The Gartner Magic Quadrant is a valuable resource for businesses that are evaluating BI and analytics platforms. By understanding the factors that are considered in the Magic Quadrant, businesses can make informed decisions about which platform is right for their needs.
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