Magic Quadrant

Boomi Celebrates Being Positioned Highest for Ability to Execute in the Gartner® Magic Quadrant™ for Integration Platform as a Service

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Thursday, February 22, 2024
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Boomi TM, the intelligent integration and automation leader, today announced that Gartner has positioned Boomi as a Leader and placed the company highest for Ability to Execute in its Magic Quadrant for Integration Platform as a Service (iPaaS).

Key Points: 
  • Boomi TM, the intelligent integration and automation leader, today announced that Gartner has positioned Boomi as a Leader and placed the company highest for Ability to Execute in its Magic Quadrant for Integration Platform as a Service (iPaaS).
  • This will be the tenth consecutive time Boomi has been named a Leader in the Gartner Magic Quadrant for iPaaS.
  • View the full release here: https://www.businesswire.com/news/home/20240221163767/en/
    Boomi Celebrates Being Positioned Highest for Ability to Execute in the Gartner® Magic Quadrant™ for Integration Platform as a Service (Graphic: Business Wire)
    “We believe that being positioned highest for Ability to Execute and recognized as a 10x Leader in the Gartner Magic Quadrant for iPaaS underscores our unrelenting product excellence, innovation, and execution as a team,” said Steve Lucas, CEO at Boomi.
  • Boomi GPT – The first offering available in the Boomi AI suite, Boomi GPT brings a simple, conversational experience to the Boomi platform.

RingCentral Announces Fourth Quarter and Fiscal Year 2023 Results

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Tuesday, February 20, 2024
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Revenue: Total revenue was $571 million for the fourth quarter of 2023, up from $525 million in the fourth quarter of 2022, representing 9% growth.

Key Points: 
  • Revenue: Total revenue was $571 million for the fourth quarter of 2023, up from $525 million in the fourth quarter of 2022, representing 9% growth.
  • Adjusted, unlevered free cash flow for the fourth quarter of 2023 was a record $97 million, or 17.0% of total revenue, compared to $0.4 million, or 0.1% of total revenue, for the fourth quarter of 2022.
  • The Company also repurchased over $60 million in shares during the fourth quarter of 2023 under the plans authorized in May and November of 2023.
  • What: RingCentral financial results for the fourth quarter and fiscal year 2023 and outlook for the first quarter and fiscal year 2024.

Delinea Poised to Disrupt Identity Security in 2024 After Achieving Key ARR Milestone, Debut of the Delinea Platform, and Strategic Acquisitions

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Thursday, March 7, 2024
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SAN FRANCISCO, March 7, 2024 /PRNewswire/ -- Delinea, a leading provider of solutions that seamlessly extend Privileged Access Management (PAM), today announced the close of its 2023 fiscal year, surpassing a key annual recurring revenue (ARR) milestone of $300 million and achieving a 'Rule of 40' profile. The company also grew recurring revenue to greater than 85% of total revenue.

Key Points: 
  • Delinea accomplished a notable innovation milestone in 2023 by debuting the Delinea Platform , a cloud-native foundation for Delinea's industry-recognized PAM solutions that empowers end-to-end visibility, dynamic privilege controls, and adaptive security.
  • Delinea has quickly accelerated its momentum in 2024, announcing two strategic acquisitions to start the year.
  • "2023 was a year of significant growth for Delinea, exemplified by achieving a key ARR milestone and 'Rule of 40' profile," said Art Gilliland, CEO at Delinea.
  • "We are steadfast on continuing to disrupt identity security this year; our acquisitions of Authomize and Fastpath are just the beginning."

Claroty Secures $100 Million in Strategic Growth Financing

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Wednesday, March 6, 2024
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NEW YORK, March 6, 2024 /PRNewswire/ -- Claroty, the cyber-physical systems protection company, today announced it has secured $100 million in strategic growth financing. Participants include lead equity investor Delta-v Capital, as well as AB Private Credit Investors at AllianceBernstein, Standard Investments, Toshiba Digital Solutions, SE Ventures, Rockwell Automation, and Silicon Valley Bank, a division of First Citizens Bank. Combined with Claroty's existing $635 million in funding to date, this new financing further establishes the company's leadership position in the critical infrastructure cybersecurity market.

Key Points: 
  • Up-round investment to accelerate vertical and regional expansion, product innovation, and strategic partnerships
    NEW YORK, March 6, 2024 /PRNewswire/ -- Claroty , the cyber-physical systems protection company, today announced it has secured $100 million in strategic growth financing.
  • Combined with Claroty's existing $635 million in funding to date, this new financing further establishes the company's leadership position in the critical infrastructure cybersecurity market.
  • The financing comes shortly after a momentous year for Claroty, which now works with 20% of the Fortune 100.
  • "The New York Corporate Banking team is excited to support Claroty with this new strategic growth financing," said Sameer Paul, Director of Silicon Valley Bank.

Wiliot Recognized as a Visionary in the Gartner® Magic Quadrant™ for Indoor Location Services

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Monday, March 4, 2024
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SAN DIEGO, March 4, 2024 /PRNewswire/ -- Wiliot, the Internet of Things pioneer whose ambient IoT Visibility Platform is enabling trillions of "things" to gain intelligence, today announced that it has been recognized by Gartner® as a Visionary in the Gartner Magic Quadrant™ for Indoor Location Services by Nick Jones, Annette Zimmermann and Tim Zimmerman.

Key Points: 
  • This is the first time that Wiliot has been recognized in a Gartner Magic Quadrant report, and it comes on the heels of Wiliot's recognition in eight Gartner Hype Cycle™ reports.
  • In 2022, Wiliot was named a Cool Vendor by Gartner in their report titled, "Cool Vendors™ in Indoor Location Technologies and Sensors."
  • Click here to download the 2024 Gartner® Magic Quadrant™ for Indoor Location Services.
  • Gartner, Magic Quadrant for Indoor Location Services, Nick Jones, Annette Zimmermann, and Tim Zimmerman, February 28.

Open Sky Group Forges Transformative Partnership with Global Supply Chain Software Leader, Körber Supply Chain

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Thursday, February 29, 2024
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RALEIGH, N.C., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Open Sky Group, a global leader in supply chain implementation solutions, proudly announces its partnership with Körber, a globally recognized leader across end-to-end supply chain software solutions.

Key Points: 
  • RALEIGH, N.C., Feb. 29, 2024 /PRNewswire-PRWeb/ -- Open Sky Group , a global leader in supply chain implementation solutions, proudly announces its partnership with Körber, a globally recognized leader across end-to-end supply chain software solutions.
  • Chad Kramlich, CEO of Open Sky Group, expressed his enthusiasm, stating, "Our entire team is elated about our partnership with Körber.
  • Jason Russell, CFO and acting CEO Software of Körber Business Area Supply Chain, added, "The collaboration between Körber and Open Sky Group is an ideal match, with both companies sharing core values and a dedicated commitment to empowering organizations for supply chain excellence.
  • To learn more about Open Sky Group or the Körber partnership, please visit OpenSkyGroup.com.

Pure Storage Announces Fiscal Fourth Quarter and Full Year 2024 Financial Results

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Wednesday, February 28, 2024
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SANTA CLARA, Calif., Feb. 28, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced financial results for its fiscal fourth quarter and full year 2024 ended February 4, 2024.

Key Points: 
  • SANTA CLARA, Calif., Feb. 28, 2024 /PRNewswire/ -- Today Pure Storage (NYSE: PSTG), the IT pioneer that delivers the world's most advanced data storage technology and services, announced financial results for its fiscal fourth quarter and full year 2024 ended February 4, 2024.
  • "We closed FY24 delivering strong RPO growth, and exceeded our revenue and operating margin guidance in Q4," said Kevan Krysler, Chief Financial Officer, Pure Storage.
  • Market-Leading Platform Innovation: In FY24, Pure Storage introduced the cost-optimized E//Family with FlashBlade//E, followed by FlashArray//E, enabling customers to leverage flash storage for any workload.
  • Additionally, Pure Storage was named a leader in the inaugural IDC MarketSpace: Worldwide Container Data Management 2023 Vendor Assessment .

Optimizely Recognized as a Leader for the 5th Year in a Row in 2024 Gartner® Magic Quadrant™ for Digital Experience Platforms

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Monday, February 26, 2024
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NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Optimizely, the leading digital experience platform (DXP) provider, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Digital Experience Platforms. The Gartner recognition places Optimizely in the Leaders' Quadrant for the fifth consecutive year*.

Key Points: 
  • NEW YORK, Feb. 26, 2024 /PRNewswire/ -- Optimizely , the leading digital experience platform (DXP) provider, today announced it has been named a Leader in the 2024 Gartner® Magic Quadrant™ for Digital Experience Platforms.
  • To learn more about Optimizely's Leader position, download the 2024 Gartner Magic Quadrant for Digital Experience Platforms report here .
  • *Episerver (acquired Optimizely and later rebranded to Optimizely) was recognized as a leader in the 2021 and 2020 Magic Quadrant for Digital Experience Platforms, prior to Optimizely's recognition in 2022 and 2023.
  • Gartner, Magic Quadrant for Digital Experience Platforms, Irina Guseva, John Field, Mike Lowndes, and Jim Murphy, February 2024.

Blueshift Recognized in the 2024 Gartner® Magic Quadrant™ for Customer Data Platforms (CDPs) Report

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Friday, February 23, 2024
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SAN FRANCISCO, Feb. 23, 2024 /PRNewswire/ -- Blueshift, a leading platform for intelligent customer engagement, today announced that it was recognized in the Gartner® Magic Quadrant™ for Customer Data Platforms. Leading brands are choosing Customer Data Platforms (CDPs) to effectively use their data to drive business success.

Key Points: 
  • SAN FRANCISCO, Feb. 23, 2024 /PRNewswire/ -- Blueshift , a leading platform for intelligent customer engagement, today announced that it was recognized in the Gartner® Magic Quadrant™ for Customer Data Platforms.
  • Leading brands are choosing Customer Data Platforms (CDPs) to effectively use their data to drive business success.
  • "It's a pleasure to be included in the Gartner® Magic Quadrant™ for Customer Data Platforms."
  • "Gartner defines customer data platforms (CDPs) as software applications that support marketing and customer experience use cases by unifying a company's customer data from marketing and other channels.

ACTIONIQ NAMED A VISIONARY IN THE INAUGURAL GARTNER® MAGIC QUADRANT™ FOR CUSTOMER DATA PLATFORMS

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Wednesday, February 21, 2024
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NEW YORK, Feb. 21, 2024 /PRNewswire/ -- ActionIQ , the leading Composable Customer Data Platform (CDP), announced today it has been named a Visionary on the inaugural Gartner® Magic Quadrant™ for CDPs, identifying those solutions that help connect a brands' customer data with personalized experiences.

Key Points: 
  • NEW YORK, Feb. 21, 2024 /PRNewswire/ -- ActionIQ , the leading Composable Customer Data Platform (CDP), announced today it has been named a Visionary on the inaugural Gartner® Magic Quadrant™ for CDPs, identifying those solutions that help connect a brands' customer data with personalized experiences.
  • "With our previous, non-composable solution, data movement was costly, system performance lagged, and it struggled to match our scale."
  • Discover why ActionIQ is a Visionary in the Gartner Magic Quadrant for Customer Data Platforms with this complimentary report .
  • Gartner, Magic Quadrant for Customer Data Platforms, By Lizzy Foo Kune , Benjamin Bloom , Rachel Smith , Adriel Tey , Suzanne White , David Walters , 14 February 2024