Press release
Enteros Selected as One of Eleven Sample Vendors in Gartner Hype Cycle™ for Data and Analytics Programs and Practices
Cupertino, CA - Nov. 10, 2023 - Enteros, the Database Performance Management Company, today announces its inclusion in the 2023 Gartner Hype Cycle for Data and Analytics Programs and Practices . This is one of six Gartner Hype Cycles that Enteros has been included in during 2023. Enteros is considered one of the Innovation Trigger companies for Augmented FinOps in this prestigious publication.Big Data is not a new concept but with the rise of AI technologies and Augmented FinOps, business leaders can more effectively use data and analytics to improve database performance and discover new business opportunities. High performing databases are a must in this new landscape as errors or downtime can have negative financial consequences. Database outages can have a significant impact on top line revenue. In fact, according to a survey conducted by ITIC, 98% of organizations say a single hour of downtime costs over $100,000, while 81% report that it costs over $300,000.
Gartner's Hype Cycles provide a guide to understanding risks and opportunities of innovation across a spectrum of technologies. The Innovation Trigger, where Enteros is placed, is the beginning of a new technological concept or product that has industry buzzing. It is the first of five phases of a Hype Cycle. According to Gartner, "data and analytics hype is at a fever pitch… with innovation and AI center stage."
"Enteros was mentioned by Gartner in its Data and Analytics Programs and Practices Hype Cycle research among 10 other prominent selected companies," said Ron Warshawsky, CEO of Enteros." Such mention my Gartner outlines critical capability of Enteros to continue to offer an innovative and leading-edge statistical learning solution for database scalability and cost reduction across clouds and on-prem environments - the business lifeblood of scale-focused organizations."
Enteros is an innovator in database optimization and cost management Augmented FinOps for uses statistical and machine learning and enables automatic detection of opportunities to improve database scalability and achieve cost reduction of database-related business-critical operations. The Enteros UpBeat platform delivers automated, proactive database performance and cost management and scalability optimization, enhancing efficiency and productivity to lower costs and risks of large-scale database operations.
Augmented FinOps, according to Gartner, is considered transformational and at its early stage of maturity but is expected to rise in importance over the next 5-10 years.
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Reference: Hype Cycle for Data and Analytics Programs and Practices, 2023. 26 July 2023 - ID G00792543. By Donna Medeiros, Andrew White, and Kevin Gabbard.
19925 Stevens Creek Blvd, St. 100, Cupertino, CA 95014
Glenn Boyet
For Enteros
301-080-0346
gboyet@verizon.net
Enteros is the leader in database performance management and enables businesses to reduce the risks and costs associated with database operations. From automatic proactive problem identification and root cause analysis down to database load testing and scalability validation, Enteros integrates into the IT system's database's foundation 24/7 365. Headquartered in Silicon Valley, with development and sales offices in EMEA and India, Enteros has been trusted since 2004. Visit us at www.enteros.com.
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