Syncari Positioned a Representative Vendor in the MDM market for its Autonomous Data Management (ADM) platform.
SAN FRANCISCO, Calif., Jan. 28, 2025 – Syncari, a leader in data unification and automation, today announced that Gartner, Inc. has recognized Syncari as a Representative Vendor in the 2024 Gartner® Market Guide for Master Data Management Solutions.
We believe this recognition acknowledges Syncari’s unwavering commitment to innovation, deep understanding of modern enterprise needs, and ability to deliver industry-trusted data products that drive measurable business value. “As leaders face growing demands to drive accurate, real-time decisions and prepare their organizations for AI-driven innovation, the need for high-quality, reliable data has never been more critical,” said Neelesh Shastry, Chief Technology Officer and Chief Information Security Officer at Syncari. “Latest Gartner®Market Guide for Master Data Management Solutions report acknowledges our vision and Syncari’s Autonomous Data Management platform. By unifying and automating data management, we empower leaders to accelerate time to value, ensure data accuracy, and deliver measurable business impact.”
“By 2026, 20% of large enterprises will use a single D&A governance platform to unify and automate discrete governance programs,” according to Gartner. Gartner further says, “Choose vendors that meet both functional and nonfunctional requirements, including software implementation, partnerships and ongoing support.”
Gartner states, “The MDM market is continually evolving to meet the needs of a broader range of stakeholders seeking the business agility provided by a single, trusted, enterprise-wide view of critical business data. Data and analytics leaders should use this research to inform their MDM solution choices.”
“By 2026, MDM solutions will proactively use AI and predictive analytics to anticipate and resolve data issues, ensuring data integrity by reducing manual intervention by 60%,” as Gartner states. “By 2027, the application of GenAI will accelerate the time to value of D&A governance and MDM programs by 40%.”
According to Gartner, “MDM solutions have evolved to support more diverse domains and use cases such as ESG reporting. Most MDM solutions have transitioned to cloud-native, API-first platforms that provide the flexibility to integrate seamlessly with existing and future data management solutions. Key drivers include the push for digital transformation, the rise of cloud computing, and stringent regulatory requirements for data management and privacy.”
Gartner further says, “MDM continues to provide a foundational layer of standardized, harmonized and centralized trusted information about critical business assets such as customers, products and people. This crucial information — shared across multiple business applications — can be part of analytical strategies and underpins the most critical business decisions and processes.”
Access a complimentary copy of the Gartner® Market Guide for Master Data Management Solutions report.
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Gartner, Market Guide for Master Data Management Solutions
Authors: Helen Grimster, Sally Parker, Gavin Hicks, Stephen Kennedy
Publish date 17 December 2024.
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About Syncari
Syncari, a leader in data unification and automation, is modernizing enterprise master data with its innovative Autonomous Data Management platform. Syncari is revolutionizing how enterprises handle data by ensuring comprehensive accuracy, centralized governance, and democratized access. This approach facilitates near real-time decision-making and AI integration, enhancing observability and operations across multiple domains. By accelerating the speed to business impact, Syncari enhances decision-making capabilities and empowers organizations to fully leverage their data for substantial value extraction.
Mary Vue
pr@syncari.com
