“Data science and machine learning is top of mind within every organization. Even traditional, hundred-years old companies are trying to become high-tech companies to keep a competitive advantage over data-driven startups. In order to be successful, organizations require one cohesive platform for data teams to collaborate on business intelligence and machine learning,” said Ali Ghodsi, cofounder and CEO at Databricks. “We see this placement as a Leader in the Gartner Magic Quadrant, along with our other recognition this year, as a clear sign of the growing massive demand for unified data analytics.”

Databricks has contributed significant innovations to the open source community. In addition to being the original creators of Apache Spark, Databricks leads the development of Delta Lake, MLflow and Koalas, which has earned the company a reputation as an innovator within the open source community.

Marketing Technology News: Valassis Research Identifies Factors That Influence Consumer Shopping

Databricks continued its momentum by closing its Series F funding, which raised the company’s total funding amount to $900 million. The capital is intended to accelerate innovation and scale across the globe, and values Databricks at $6.2 billion. Thousands of global organizations such as Nielsen, Hotels.com, Overstock, Bechtel, Shell and HP are leveraging Databricks to unify data science and data engineering teams across the end-to-end data and machine learning lifecycle.

Gartner’s report evaluated 16 vendors based on their ability to execute and the completeness of their vision for its Magic Quadrant for Data Science and Machine Learning Platforms. Gartner’s completeness of vision axis comprised eight evaluation criteria: market understanding, marketing strategy, sales strategy, offering (product) strategy, business model, vertical/industry strategy, innovation, and geographic strategy. The ability to execute axis comprised seven criteria: product or service, overall viability, sales execution/pricing, market responsiveness/record, marketing execution, customer experience, and operations.

Databricks will showcase its Unified Data Analytics Platform as an exhibitor at upcoming Gartner Data & Analytics Summits taking place in Sydney Australia (February 17 – 18), London, England (March 9 – 11) and Dallas, Texas (March 23 – 26).

Marketing Technology News: Punchh Doubles Down on Privacy Protections with New Compliance Achievements