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

DGAP-News: EXASOL AG / Key word(s): Study results Exasol recognized as a Strong Performer in Cloud Data Warehouses analyst report 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."