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Reltio Named IDC Innovator: Platform as a Service, 2016

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IDC Innovators for the 2016 Worldwide Platform as a Service Market 

17 May 2016

FRAMINGHAM, Mass., May 17, 2016 – International Data Corporation (IDC) has published its 2016 IDC Innovators report recognizing pioneering players in the worldwide platform as a service (PaaS) market. IDC Innovators are companies with under $50 million in revenue that offer an inventive technology and/or groundbreaking new business model.

Algorithmia, CloudMunch, Iron.io, Kismatic, and Reltio were all named as IDC Innovators in the worldwide platform as a service market for 2016.

"Rapid growth and the availability of low-cost cloud infrastructure is bringing new challenges to outdated business models by startups building innovative solutions challenging legacy businesses. A new set of easily consumable cloud services is accelerating the ability to build and deliver new functionality," said Larry Carvalho, Research Manager, Platform as a Service.

Algorithmia offers a marketplace for "the building blocks of algorithmic intelligence," allowing users to search, edit, and integrate algorithms, accelerating development of new applications that extract knowledge from information. CloudMunch provides a platform for development operations (DevOps), bringing together the breadth of tools and integrating them to create business value in a cloud environment. Iron.io has the future of computing in their crosshairs: hybrid cloud environments, microservices, containers enabling scale, continuous delivery, and API-driven workload management. Reltio Cloud blends together master data and big data across all domains and formats from any internal, third plarty, and social media sources, creating a unified view of information through a modern data management PaaS, delivered directly to business users via data-driven applications.

IDC Innovators: Worldwide Platform as a Service 2016 (Doc #US41166516) profiles select companies in the worldwide platform as a service market with an innovative technology or a groundbreaking new business model or both. The IDC Innovators research document examines companies with revenue of less than $50 million with a product, service or business model with a specific use case.

About IDC Innovator Research

IDC Innovators reports present a set of vendors chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.

For more information about IDC Innovators research, please contact Karen Moser at kmoser@idc.com.

About IDC

International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a subsidiary ofIDG, the world's leading technology media, research, and events company. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC.