CDQ was Recognized Among Three Vendors in the Interenterprise MDM category in Hype Cycle for Data and Analytics Governance and Master Data Management 2020
CDQ, a leading provider of data quality solutions, today announces that it has been identified as a Sample Vendor in the Gartner Hype Cycle for Data and Analytics Governance and Master Data Management. CDQ was named in the Interenterprise MDM category.¹
According to Gartner, Interenterprise MDM, such as CDQ's Data Sharing approach, has achieved a high business impact for enterprises in scalability and automation and reached an adolescent level of maturity.
Interenterprise MDM receives "Benefit Rating: High" in the Gartner Hype Cycle 2020.
"Our multinational customers are using Data Sharing already very successfully as the best way to better business data. In our opinion, Gartner recognizes this approach as a truly innovative idea in data management", said Dr. Dimitrios Gizanis, CEO of CDQ. "Some call the approach 'Interenterprise MDM', some call it 'Sharing of Commercially Identifiable Information' - we simply call it Data Sharing. We believe being named by Gartner as a Sample Vendor reinforces that our customers are thought leaders and took the right decision by including data sharing early in their data strategies."
Dr. Kai Hüner, as CTO of CDQ adds: "Some years ago we started with Data Sharing as a vision. Today it is reality – our cloud platform is used by leading companies like Bayer, Schaeffler or Bosch, and they enjoy receiving 'data quality as a service'. Why? We deliver and measure real business value from Data Sharing; our customers save up to 60% of data maintenance costs, plus prevent risks like falling for invoice fraud. We believe Gartner recognizes this value, and that CDQ is truly unique with this approach".
¹Gartner, "Hype Cycle for Data and Analytics Governance and Master Data Management, 2020,Saul Judah, Andrew White, published 16 July 2020.
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