Quest Software Named Number One Database Development and Optimization Vendor in Recent Analyst Report for Third Consecutive Year
Quest Software, Inc. (Nasdaq: QSFT) today announced that a new report by industry analyst firm IDC ranks the company as the number one provider of database development and optimization software, for the third consecutive year. The report specifically notes, “Quest easily outpaced all other vendors in the database development and optimization software segment,” and that the company’s position as market leader “is based on database development and SQL authoring and optimization tools of the Toad product line.”
- Titled, “Worldwide Database Development and Management Tools 2010 Vendor and Segment Analysis” (Doc # 232122), the IDC report provides a market size, vendor share, and market segment analysis for the worldwide database development and management tools (DDMT) market in 2010. Quest® ranked fourth by market share on the overall list.
- Quest ranked well in four market segments, and was named one of the top two vendors within the distributed and other system database development and management tools segment, behind database platform Oracle. According to IDC, “Quest Software remained the leading independent provider of DDMT software for distributed systems in 2010.”
- According to the report, worldwide revenue in 2010 for the database development and management tools market was $2.0 billion, representing growth of 1.8 percent. IDC predicts the development and optimization segment will likely see strong growth.
Quest Toad Solutions for Database Management:
- With more than two million users worldwide, Quest’s Toad® database products support diverse multi-platform environments, adding support for Big Data technologies, such as Hadoop, over the past two years. The solution area’s flagship product, Toad for Oracle, has been considered the industry de-facto standard for Oracle development for nearly 15 years.
- By offering product suites that are tailored for individual user roles, and optimized for specific database platforms, Quest helps automate and simplify database development, administration, and querying and reporting, significantly increasing user productivity and efficiency.
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