Quiterian appears for the first time in Gartner’s ‘Magic Quadrant for BI Platforms 2011’ report

Quiterian and its BI platform DDWeb appear in the ‘Magic Quadrant Customer Survey research notes’, inside the ‘Magic Quadrant for BI Platforms’ report, for “having made Data Mining and Statistical Analysis of large-scale data user-friendly and accessible to all business users”     Barcelona, February the 2nd. 2011 – Gartner presented in the Business Intelligence Summit 2011, which took place yesterday in London, the results of the ‘Magic Quadrant for Business Intelligence Platforms’. In this report, Gartner reflects its view on main trends and BI and PM software vendors in the current market. Those who may be taken into account by any organization interested in purchasing BI platforms in order to identify business opportunities and speed its decision-making processes up. And Quiterian and its DDWeb are placed among these suppliers.   Specifically, Quiterian appeared in the ‘Magic Quadrant Customer Survey research notes’, for which its customers’ opinions and reviews were extremely valuable. In this extract of the ‘Magic Quadrant for BI Platforms’ report, Gartner referred to Quiterian –among other issues- for “having made Data Mining and Statistical Analysis of large-scale data user-friendly and accessible to all business users”.   Next, you can find the original extract of the ‘Magic Quadrant Customer Survey research notes’: “Advanced analysis leveraging statistical and predictive analytics capabilities is an increasingly important requirement in BI applications. However, two major barriers — cost and ease of use of tools — have inhibited adoption to date. Cost is an issue both in terms of software licenses of current market leader SAS, as well as cost of the high-end skills that are typically required for developing prediction models and advanced analytic applications. The difficulty in using existing tools is the second major inhibitor to broader adoption. The three vendors included in this section, while not meeting the Magic Quadrant inclusion criteria, are addressing these barriers. Quiterian provided enough customer references to be included in the Magic Quadrant Customer Survey research notes that will publish in 1Q11. Quiterian and its Dynamic Data Web (DDWeb) product were only introduced to Gartner in 2010, but have been available in Spain since 2003, where the company has a good presence and reference base — 28 of its customers took part in the survey for this Magic Quadrant. Effectively a large-scale data discovery offering, its core value proposition is easing the use of data mining and statistical analysis, and thus making these capabilities more broadly available. This is something that’s evidently needed — only 11% of firms surveyed for this Magic Quadrant use these functions extensively today. However, this means it’ll be up against some stiff competition, notably from IBM and SAS, as well as from Tibco Software (Spotfire), which offers a similar value proposition for complex data discovery and advanced analytics. Technically, DDWeb uses an intermediate processing layer on top of a columnar database (historically Alterian, but soon its own C-store) to BI functionality (for example, predictive analysis). Quiterian intends to expand its geographical reach quickly, having opened offices in Portugal, Mexico and the U.S. in 2010, as well as through a growing international value-added reseller channel”. ‘Magic Quadrant Survey research notes’, Gartner, 2011     About Quiterian:

Quiterian is a technological company founded in 2003 by Josep Arroyo, experienced technology entrepreneur.

Quiterian has developed Dynamic Data Web (DDWeb), an innovative business intelligence software that analyzes large volumes of data instantly. DDWeb includes advanced Data Mining analysis techniques, but because of the simplicity and intuitiveness of the platform, any business user can use it.

Among its clients in Spain are leader companies in their sectors (El Corte Inglés, BBVA, La Caixa, Inversis, Telefonica, Vodafone, Orange, Telepizza, Volkswagen, Travel Club, Bayer, Sanofi) and some of the most advanced government institutions (Governments of Andalusia, Catalonia, Valencia, Extremadura, Madrid City Council, Bilbao City Council, Metro of Madrid, Metro of Bilbao, ATM, Muface, Muprespa, ENESA).

Quiterian, based in Sant Just Desvern (Barcelona) with offices in Madrid, Seville, Valencia, Lisbon, Miami and Mexico DF, has started this year 2010 its international expansion and has expanded its area of influence through strategic partnerships with partners in Argentina, Brazil, Colombia, Chile, Costa Rica, Venezuela, United States, Canada, Poland, Middle East, Egypt and Turkey.

Quiterian has a commitment with research, innovative product development, globalization and the creation of highly skilled jobs.

For more information:
www.quiterian.com
Noelia Llorente – Communications Responsible - nllorente@quiterian.com Adriana Fraj – Press – afraj@quiterian.com