Acceleration Economy analyst Kieron Allen hosts analyst Wayne Sadin to discuss how the Data Modernization Top 10 companies shortlist was created, the criteria applied, and what it means for businesses in the acceleration economy. The companies on the Data Modernization Top 10 list were selected by analysts Wayne plus Joanna Martinez, Tony Uphoff, Scott Vaughan, and Pablo Moreno as well as Chief Data Officer John Muehling.
Which companies are the biggest vendors in Data Modernization? Click here to see the Acceleration Economy Top 10 Data Modernization Short List, as selected by our expert team of practitioner analysts.
00:50 — Wayne explains that within the shortlist, there are four subcategories:
- Analytics tools
- Governance tools
01:30 — What does it take to make it on the Top 10 list for data modernization? Wayne explains that it requires innovation and “doing something a little different than average.” These companies are using data as a competitive weapon and are making interesting contributions to modernization efforts that would make a difference to CIOs, CTOs, and the Chief Data Officer.
02:58 — Kieron wonders what readers of the Acceleration Economy site will learn from following the coverage of the Top 10 companies.
03:08 — Acceleration Economy takes a for-practitioner, by-practitioner approach to its coverage. Wayne is going into his 41st year as a CIO, and these are companies with the tools that he wished he knew about earlier in his career. He wants readers to gain new insights and ideas into solutions that may not have occurred to them otherwise.
04:27 — Businesses looking to modernize their data should go to someone who is developing solutions that allow the company to get ahead of its competition. If we all do the same thing, no one will “really pull away.” The acceleration economy is about accelerating alongside the right partners.
05:19 — Will the Top 10 list be updated based on innovations from the companies themselves or based on how they move in the market overall?
05:31 — Wayne explains that he is not looking at earnings per share — he is focused on companies that bring forth the newest innovations that can help address problems commonly faced by CEOs, CIOs, and CTOs. This is a dynamic list driven by what is known about these companies and how they are solving industry problems. In developing the list, the analysts will consider what problems within the industry are “top of mind” for these companies and the tools they have to solve these problems.