Fivetran Recognized For Highest Growth in Data Integration Sector in Gartner® Market Share Analysis Report
OAKLAND, Calif., September 8, 2022 – Fivetran, the global leader in modern data integration, today announced that Gartner has recognized the company for highest growth for Data Integration Sector in its new report, Market Share Analysis: Data Integration Software, Worldwide, 2021.¹ The report found Fivetran had the highest growth in 2021.
According to the report, “Fivetran grew its revenue 141.2% to reach $83 million in data integration revenue. This is the highest growth in 2021.
“Our single focus at Fivetran is delighting our customers by providing the very best solutions to accelerate data movement and analysis to render accurate business-critical decisions,” said George Fraser, CEO of Fivetran. “We’re proud to see our industry impact acknowledged by Gartner. We believe this recognition further validates our leading market position in modern data integration.”
Over the past year, Fivetran has made major advancements in supporting enterprises’ movement and integration of data, which includes the acquisition of HVR, the leader in real-time database replication. In addition, Fivetran introduced Fivetran Business Critical, delivering key security-related features and offering enterprises the highest level of protection for sensitive data. During the same time period, Fivetran increased its customer base by 75 percent. The company continues to achieve high ratings from customers in Gartner Peer Insights, and it was recognized as a 2022 Gartner® Peer Insights™ Customers’ Choice for Data Integration Tools.
Fivetran’s position as the global modern data integration leader is bolstered by strong partnerships across the modern data stack. Fivetran works closely with data cloud leaders across the ecosystem to offer integrations for customers, including with Google Cloud, Databricks and Snowflake. In 2022, Fivetran was awarded the Google Cloud Global Technology Partner of the Year for its achievements helping joint customers easily move data into BigQuery. In addition, Snowflake named Fivetran its Data Integration Partner of the Year and Databricks awarded the company its Data Ingestion Partner of the Year for 2022.
Fivetran has also been recognized by Gartner in the Magic Quadrant™ for Data Integration Tools² for the third year in a row. The evaluation was based on specific criteria that analyzed the company’s product features, overall execution, and customer experience. Fivetran was recognized based on its Ability to Execute and Completeness of Vision.
Thousands of global brands and large enterprises rely on Fivetran to help them make critical business decisions. Its customer roster includes leading companies across retail, financial services, and software such as: Conagra Brands, Coke One North America, Condé Nast, Databricks, JetBlue, Pitney Bowes, Saks and Square.
In addition to its impressive business growth, Fivetran is consistently lauded for its strong company culture. 2022 workplace accolades include Best Companies for Millennials and Best Workplaces in the Bay Area by Great Place to Work and Fortune; Built In 2022 100 Best Places to Work in the Bay Area and Colorado and Comparably Awards for Best Leadership Teams, Best Companies for Career Growth, Best Global Culture and more.
Gartner Peer Insights ‘Voice of the Customer’: Data Integration Tools, Peer Contributors, 28th January 2022
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Fivetran is the new standard in cloud data movement. Our mission is to make access to data as simple and reliable as electricity. Built for the cloud, Fivetran enables data teams to effortlessly centralize and transform data from hundreds of SaaS and on-prem data sources into high-performance cloud destinations. Fast-moving startups to the world’s largest companies use Fivetran to accelerate modern analytics and operational efficiency, fueling data-driven business growth. Fivetran is headquartered in Oakland, California, with offices around the world. For more information, visit fivetran.com.
¹ Gartner, Market Share Analysis: Data Integration Software, Worldwide, 2021, 18 August 2022, Sharat Menon
² Gartner, Magic Quadrant for Data Integration Tools, 18 August 2022, Ehtisham Zaidi, Robert Thanaraj, Sharat Menon, Nina Showell
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