The digital transformation of entire industries is driving Fortune 2000 companies to next-generation database technologies, and MarkLogic is prepared to help our customers lead the way.
In the new Gartner 2017 Magic Quadrant for Operational Database Management Systems (ODBMS), MarkLogic is recognized as a Challenger, achieving the highest placement in the Challenger quadrant for ability to execute and furthest for completeness of vision. For the second year-in-a-row, MarkLogic was recognized as a next generation Challenger and the only NoSQL vendor to remain as a Challenger in the 2017 report.
Last year, MarkLogic was also recognized as a challenger for its ability to execute, and we believe this year’s placement illustrates why MarkLogic is now known as a database provider with a new way of doing what enterprises need in terms of mission critical, operational and transactional database technologies.
In our view, MarkLogic is emerging as the only valid alternative to incumbent relational technologies that created today’s primary data challenge –- data silos. Our singular focus on solving the decades-old challenge of integrating data from silos has helped large, global organizations tackle current and future market challenges, and win the battle for top customers.
Market Upheaval
The need for companies and industries to digitally transform, and to be able to ingest, search, use, secure, and appropriately share data, is pushing database technologies to new heights, and the fault lines in the industry are increasingly apparent.
Enterprises can no longer tolerate technologies that don’t easily ingest and integrate data, enable transactions, and adequately secure and govern data. Incumbent relational database technologies that have led the market for decades are no longer optimal in today’s data environment, and were never designed to solve the data silo problem that they created, bedeviling companies large and small.
Meanwhile, the move to the cloud continues as companies seek faster, more nimble solutions. Yet the cloud-only databases are also challenging niche providers that don’t provide enterprise-required features, such as full transactional support, enterprise-grade security and good data governance. And, the cloud-only databases are seeing resistance within the enterprise, as large corporations and government agencies don’t want to be locked into a particular deployment architecture and they certainly don’t want to be locked into a single cloud provider.
Customers Respond
MarkLogic is expertly positioned for all of these industry trends. Customers rely on us as the world’s best database for integrating data from silos. We’re the only enterprise-grade NoSQL database platform on the market and NoSQL is the next-generation database technology for today’s modern, data-driven enterprise. We are also cloud neutral so, unlike our competitors, we run on any platform – on premises, in the cloud or in a hybrid cloud configuration. That means customers can build an application once and run it anywhere, saving them critical time and money. What’s more, we have a business plan that’s sustainable.
Our customer record underscores our strength in the market. MarkLogic’s customer base has expanded to now include four out of the top six U.S. banks as well as leading players in rapidly evolving industries such as life sciences and automotive.
All of this tells me we are hitting the mark, and we believe MarkLogic’s position in the latest Gartner report reflects the substantial investment we’ve made to deliver on our vision. We also know how the multi-model database market will evolve, and we keep raising the bar, most recently with MarkLogic 9.
Most importantly, our customers are successfully building mission critical business applications on our platform—faster and with less cost and risk than they’d face with other providers.
Every company needs to make the most of its data to compete and lead the marketplace. MarkLogic is perfectly positioned to enable them to do just that.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
Gary Bloom
Gary Bloom was the CEO of MarkLogic from 2012-2020.