Leading Analyst Firm Says Investments in Data Management Increasing

Business Wire,  July 7, 2008  

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Recent Gartner Reports Suggest Data Management Industry Heating Up

SACRAMENTO -- Software Labs, the leader in increasing productivity through its advanced data management solutions, today announced that the company's long standing belief in the importance of effective data migration and integration continues to be validated, as documented in two recent reports from leading analyst firm Gartner.

In a Magic Quadrant released on June 4, 2008, Gartner states "Growth, innovation and volatility (via mergers and acquisitions) continue to shape the market for data quality tools. Investment on the part of buyers and vendors is increasing as organizations recognize the value of these tools in master data management and information governance initiatives."

"Software Labs continues to help businesses improve productivity and reduce operational costs through better data transformation and cleansing solutions," said Pradeep Tapadiya, Software Labs founder and CEO. "Companies want better data management utilities that can be deployed quickly, scale with them over time, and can complete tasks across all departments within budget."

"The ever-growing demand for accessing diverse sources of data and delivering it, in context, to a wide range of consumers creates challenges for IT organizations. Improved data integration practices are key to success and more organizations are learning that lesson," said Gartner analyst Ted Friedman in a June 6, 2008 report titled Survey on Data Integration Practices Shows Move Towards Strategic Initiatives.

Tapadiya continues, "Software Labs' ability to deliver real, measurable value quickly has enabled us to attract a growing list of global market-leading clients that are 100% satisfied. We are pleased that Gartner has documented data management as an area being recognized as valuable by leading organizations."

The Software Labs solution suite helps its clients to automate manual processes, synchronize business systems, and improve data quality. Companies benefit from this through reduced operational risk, more productive departments, and better decision making.

Another advantage of Software Labs' xFusion Studio is that system integrators can move businesses to new ERP systems much faster than before. Data migration projects benefit greatly from process repeatability, and data quality checks that xFusion Studio enables.

About Software Labs

Founded in 2002, Software Labs, Inc. delivers advanced data management solutions that are designed to increase business process efficiencies and improve business decision-making. Its xFusion Studio suite of software products and other solutions enable businesses across industry to manage and use critical information swiftly, easily and affordably. Software Labs is headquartered in Sacramento, CA, and currently serves customers and collaborates with partners in North America, Europe and Asia Pacific. The company partners with several leading technology resellers and service providers. For more information, please call 916-773-6272 ext.130 or sales@softlabsco.com.

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