Confluent Ranked as a Leader in Streaming Data Platforms Q4 2023
The pioneer of data streaming, Confluent, Inc., announced that Forrester Research has ranked it as a Leader in The Forrester Wave™: Streaming Data Platforms, Q4 2023. ‘Streaming data is the pulse of an enterprise’, according to the report. Something that was formerly considered a nice-to-have is now required for any organization to function in real time.
“Streaming data platforms give organizations the ultimate advantage: blazing-fast reflexes to conquer intraday business challenges and opportunities,” wrote Mike Gualtieri in The Streaming Data Platforms Landscape, Q3 2023.
The modern world is powered by real-time data, which enhances customer experiences, boosts corporate productivity, and stimulates innovation in a wide range of goods and services. The company scored the highest score possible in 10 criteria Forrester evaluated, including:
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Current offering: connections, movement, management, and fault-tolerance.
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Strategy: vision, innovation, roadmap, partner ecosystem, community.
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Market presence: revenue.
The conventional data infrastructure, however, is not suited for this new world. It is difficult to integrate data across applications, systems, and teams when using these legacy data warehouses of static, passive data since they create a maze of point-to-point connections, which ultimately prevents firms from innovating.
“Done right, data streaming platforms unleash a virtuous cycle of innovation where data products, comprised of real-time streams from all parts of an organization, are reused to build applications and systems faster,” said Jay Kreps, Cofounder and CEO, Confluent.
“We founded Confluent in response to a critical need for reliable, scalable data streams, and we believe our placement as a leader in this category validates our approach to delivering a complete, enterprise-ready data streaming platform.”
Apache Kafka® is the brains behind the data streaming trend. Confluent offers companies everything they want to swiftly, safely, and reliably implement Kafka use cases wherever they are needed. Organizations may simply reuse and access data streams for countless use cases by utilizing the only data streaming platform that streams, regulates, processes, and links real-time data. Teams can now focus on creating real-time apps that significantly increase company value rather than trying to sort through a complicated data jumble.
“Confluent is a good fit for customers who want a solution based on Apache Kafka, is cloud portable, and provides ample capabilities for both streaming analytics and processing”, states The Forrester Wave™: Streaming Data Platforms, Q4 2023.