The 2023 Gartner® Magic Quadrant™ for Data Integration is out today and Fivetran has continued to grow in the data integration discipline. This is Fivetran’s fourth time being named in the Gartner Magic Quadrant, and we are pleased to be recognized as a Challenger in this year’s Gartner® Magic Quadrant™ report.
Last year, we were placed as a Niche Player in the same report. We believe this advancement in our position reflects the strength of our product and improved features and functionality — demonstrating years of dedicated work to build the most performant and reliable data integration platform on the market.
We are especially proud that Fivetran is also mentioned in the Critical Capabilities for Data Integration Tools report. You will need to read the report to see the details. HVR's multidirectional, high-volume, low-latency integration capabilities are very relevant for cloud data integration and operational data integration use cases, which has been a big focus for us.
Becoming the standard for enterprise data integration
Fivetran has experienced rapid growth over the past few years, especially in the enterprise. Our obsessive focus on supporting more enterprise-scale use cases has enabled us to help more than 8,000 organizations unlock access to real-time, reliable data to drive faster time to insights, innovate ahead of the competition and discover new opportunities for business growth all while delivering cost savings and productivity benefits.
With Fivetran, customers can leverage the broadest and most secure set of fully-managed connectors in the industry (400+), CDC capabilities and world-class database replication to move their most business-critical data for their analytical and operational use cases — whether deployed on-premises, in the cloud or in a hybrid environment. Our commitment to data sources is only growing with a third-party SDK and a By Request program.
Departments across organizations have increased their productivity by automating, replicating and moving data at speed using the Fivetran platform. An independent study found Fivetran customers achieved benefits worth an average of $3.6 million per organization over three years through more productive staff performance and business enablement. Organizations saw an average of $177,400 in annual operational cost savings.
With so many companies — like Dropbox relying on Fivetran to drive better departmental insights — or JetBlue partnering with Fivetran to unlock data-driven plane maintenance — and La-Z-Boy using Fivetran to improve inventory visibility while saving millions of dollars — we are excited to help enterprises take their business to the next level of innovation. You can read more about how our unique approach to data movement helps organizations achieve cost savings, especially on compute, in this blog.