Incorta Recognized for the First Time in the 2022 Gartner® Magic Quadrant™ for Analytics and BI Platforms
Company recognized for its Ability to Execute and Completeness of Vision
Incorta announced it has been recognized by Gartner, Inc. in the 2022 Gartner® Magic Quadrant™ for Analytics and Business Intelligence Platforms.
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“Incorta is honored to be selected as one of only 20 vendors from a very large and diverse market,” said Scott Jones, CEO of Incorta. “We believe this is a validation of our unique approach to real-time operational analytics that sidesteps traditional bottlenecks, and unlocks the full potential of application data.”
Incorta is an end-to-end, unified data and analytics platform — spanning data acquisition, data management, and data visualization — which reduces setup time and requires minimal involvement from IT. Its unique Direct Data Mapping™ technology enables direct analysis against native application data, without the need for data reshaping or aggregation typical of other platforms. This means that Incorta users can slash the development time needed to prepare data, analyze all their usable data down to transaction-level detail, and enjoy unmatched performance even against billions of records.
“Uncertainty is definitely the new normal in business today, especially for CFOs, who are taking back data and analytics functions and demanding real-time access to operational data,” said Incorta co-founder and EVP of Product, Matthew Halliday. “Incorta delivers exactly that, and we believe this recognition by Gartner further validates the value our solution provides and why today’s most forward-thinking companies — from the world’s most valuable company, to the world’s largest coffee retailer, the global leader in entertainment streaming, and many others — leverage Incorta to enhance business visibility and performance.”
This recognition adds to recent and significant company momentum for Incorta, including record growth in revenue, with Q3 and Q4 2021 being the highest grossing quarters in the company’s history, and a $120 million Series D funding round in June 2021. Incorta also delivered continued product innovation in 2021, with ease-of-use features including the Data Wizard for first-time users, new security and performance enhancements, and Incorta Blueprints — analytic content accelerators for key enterprise applications, such as Oracle EBS, SAP, and Workday.
This report builds on Incorta’s recent recognition as a “Cool Vendor” by Gartner in the 2021 “Cool Vendors in Analytics and Data Science” report, which underscored the unique ability of Incorta’s unified data and analytics platform to address complex data and analytics challenges. We do this by eliminating the need for data modeling, cubes, extraction, transformation and loading (ETL) batch jobs, or optimization.
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