The Forrester Wave™: Data Governance Solutions, Q3 2023
The data governance solution market has evolved from an emerging space to an established and significantly more mature one since the Q3 2021 evaluation. Solution features like data catalogs, policy management, and privacy and compliance modules have become core capabilities. Organizations seek data governance solutions to accelerate business insights and value creation, and enable business user democratization through intelligent self-service capabilities. The market is no longer just about regulatory compliance; today, it helps businesses realize the true potential of their data through federated governance models for trusted data.
No common features specified.
Vendors must, among other requirements:
A: This research covers a comprehensive evaluation of seven data governance solution providers using 29 criteria. The evaluation assesses vendors across three dimensions: current offering (including data discovery, quality, policy management, stewardship, collaboration, and governance management), strategy (vision, innovation, roadmap, partnerships, adoption, community, and pricing), and market presence. The report identifies Leaders, Strong Performers, and Contenders in the data governance solutions market, with detailed vendor profiles highlighting strengths and weaknesses. It also provides market context on how data governance has evolved to support data democratization, AI-driven decision-making, and business value creation.
A: This research should be used by data governance professionals, chief data officers, IT decision-makers, and business leaders who are evaluating, selecting, or implementing data governance solutions. It serves as a guide for buyers considering purchasing options in the data governance technology marketplace. The report helps organizations identify providers that can provide stable foundations for trusted data intelligence for AI, support stewardship functions through intuitive workflows, and empower data democratization by enhancing data literacy and self-service capabilities. The included Excel-based vendor comparison tool allows users to customize criteria weightings based on their specific organizational needs and priorities.
A: Standalone governance solution with open data infrastructure integration capability,Broad offering support across multiple governance segments (not limited to a single segment),Data discovery and cataloging capabilities,Policy management functionality,Privacy and compliance features,Stewardship management tools,Data quality and usage capabilities,Data collaboration features,Geographic presence in at least two major regions,Established market presence with significant mindshare,Minimum $45 million annual category revenue
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A: Current Offering (vertical axis) evaluates the strength of a vendor's current product capabilities across technical features like data discovery, quality, policy management, stewardship, collaboration, and governance management. Strategy (horizontal axis) assesses the vendor's strategic direction and execution, including their vision, innovation approach, roadmap, partner ecosystem, adoption success, community building, and pricing strategy. Market Presence (marker size) reflects the vendor's revenue and customer base in the market.