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Exasol recognized as a Strong Performer in Cloud Data Warehouses analyst report

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DGAP-News: EXASOL AG / Key word(s): Study results
14.04.2021 / 11:20
The issuer is solely responsible for the content of this announcement.

Exasol recognized as a Strong Performer in Cloud Data Warehouses analyst report

London, UK, 14 April 2021 - Exasol, the leading high performance analytics database company, today announced that Forrester Research has identified the company as a strong performer in The Forrester Wave(TM): Cloud Data Warehouses Q1 2021 report. The report provides an assessment of the 13 most significant vendors in this vibrant market.

"We are very pleased that Forrester has recognized Exasol as a strong performer in the cloud data warehouse market. Forrester's evaluation in the current offering category underlines Exasol's performance credentials as we received the highest score possible in the criteria related to performance reference. Uncompromising performance is of the utmost importance to our customers, and we are proud to be a leader in this report," said Raj Rathee, Head of Product Management at Exasol "This complements evidence from BARC's 2020 Data Management Survey where 100% of surveyed users chose the Exasol Database because of its convincing performance."

Forrester defines a cloud data warehouse as "An on-demand, secure, and scalable self-service platform that automates provisioning, administration, tuning, backup, and recovery to accelerate analytics and actionable insights while minimizing support requirements." The firm evaluated 13 top vendors against 26 criteria within three high-level categories: current offering, strategy, and market presence. The report also notes Exasol offers "self-tuning capabilities that optimize performance and minimize maintenance requirements. It also offers the ability to consolidate AI, ML, and BI for both standard and advanced analytics, directly in the database using any data science language."

"Our customers love us for our self-tuning capabilities. Our technology essentially runs on its own, delivering exceptional performance without the need for an army of DB admins. On top of that Exasol's data science/ML capabilities provide unmatched flexibility for doing advanced in-database analytics," added Raj Rathee. "We are also very pleased to have received the highest score possible in the vertical use cases criterion having deployed all 10 types necessary within Forrester's evaluation. We believe that being able to support a wide range of use cases for the cloud data warehouse is critical."

The Forrester Wave report's goal is to identify how the cloud data warehouse providers measure up to one another through multi-faceted research, analyzing vendor's strengths and weakness and thus arming enterprise architecture professionals with the information they need to make smart choices.

To download the report, please visit: https://www.exasol.com/resource/forrester-wave-cloud-data-warehouse-2021

###

About Exasol
The Exasol high-performance analytics database is built to run faster than any other database, delivering next-level performance, scale and ease of use. Analyze billions of rows in seconds; run high-performance analytics securely in the cloud or on-premise; deliver frictionless analytics with self-indexing that automatically tunes performance; and scale out analytics for one transparent price.

To learn more, please visit: www.exasol.com


PR contacts
Carla Gutierrez, Head of Global Communications, Exasol
Carla.gutierrez@Exasol.com
 


14.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

EXASOL AG

Neumeyerstraße 22-26

90411 Nuremberg

Germany

Internet:

www.exasol.com

ISIN:

DE000A0LR9G9

WKN:

A0LR9G

Listed:

Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange

EQS News ID:

1184716


 

End of News

DGAP News Service

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