NEW YORK, Jan. 31, 2023 (GLOBE NEWSWIRE) — At present, Quantexa, a worldwide chief in Resolution Intelligence (DI) options for the private and non-private sectors, introduced that it has been acknowledged as a notable vendor within the Forrester report, The Master Data Management Panorama, Q1 2023. The report goals to assist enterprise organizations choose an MDM supplier primarily based on measurement and market focus. Based on the report, MDM can be utilized “to create a single source of truth for all enterprise data, break down data silos to reduce time to insights, and expedite innovation with agility to increase revenue.”
The MDM panorama report acknowledges that “Enterprise data is core to business development, strategy, and day-to-day operational management. The availability of diverse and rich data can help companies learn to better anticipate customer needs, create personalized solutions, and tap into new markets.” The report acknowledges that as extra organizations battle to scale with as we speak’s knowledge volumes, having an progressive MDM resolution is more and more mission important to get rid of expensive inefficiencies introduced on by knowledge silos and to serve the various wants of organizations.
High use case situations for the MDM market famous within the report embody Buyer 360, Data High quality, Multidomain MDM, and provider MDM. The Forrester report listed Quantexa’s MDM resolution as a general-purpose platform that can be utilized to construct any area utility with self-reported trade give attention to monetary providers, insurance coverage, and authorities. Quantexa’s self-reported prime use case consists of Compliance, one of many prolonged use circumstances famous within the report.
The report states that “MDM platforms are evolving to automate multiple steps in the process like data ingestion, integration, cleansing, structuring, transformation, and enrichment.”
The report acknowledges the evolution of MDM having began with the straightforward unification of a number of knowledge sources to what it’s as we speak – synchronizing knowledge to turning into a central hub for not solely enterprise knowledge, but additionally knowledge governance, privateness, safety, and compliance.
Quantexa’s Chief Product Officer, Dan Higgins, stated: “We are pleased to be included in the 2023 Q1 Forrester Master Data Management Landscape report, alongside a list of 21 other notable vendors. At Quantexa, our Decision Intelligence platform provides best in-class entity resolution that connects disparate and siloed internal and external data at scale with 99% accuracy. Quantexa also supports dynamic entity resolution, which provides organizations with the unique flexibility to leverage a single deployment across multiple use cases. This, in-turn, allows our customers to quickly solve data challenges, protect, optimize, and grow their businesses with improved operational efficiency.”
About Quantexa
Quantexa is a worldwide knowledge and analytics software program firm pioneering Contextual Resolution Intelligence that empowers organizations to make trusted operational selections by making knowledge significant. Utilizing the newest developments in massive knowledge and AI, Quantexa’s platform uncovers hidden threat and new alternatives by offering a contextual, related view of inside and exterior knowledge in a single place. It solves main challenges throughout knowledge administration, KYC, buyer intelligence, monetary crime, threat, fraud, and safety, all through the client lifecycle.
The Quantexa Resolution Intelligence Platform enhances operational efficiency with over 90% extra accuracy and 60 occasions quicker analytical mannequin decision than conventional approaches. Based in 2016, Quantexa now has greater than 550+ workers and 1000’s of customers working with billions of transactions and knowledge factors the world over. The corporate has places of work in London, New York, Boston, Toronto, Malaga, Brussels, Amsterdam, Luxembourg, Singapore, Melbourne, Sydney, and the UAE. For extra info, contact Quantexa right here or observe us on LinkedIn.
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