Market Perspectives

Redis Is Vendor of Assurance in Operational Data Platforms Value Index

Posted by Ventana Research on Mar 1, 2023 5:00:00 AM

We are happy to share some insights about Redis drawn from our latest Value Index research, which assesses how well vendors’ offerings meet buyers’ requirements.

We recently published three Ventana Research 2023 Data Platforms Value Indexes, which evaluate technology vendors and products that provide individual and combined analytic VR_VI_Data_Platforms_Logo (1)-1and operational data platform support. At Ventana Research, we continue to believe that, for most use cases, there is a clear choice between analytic and operational data platforms to best meet your organization’s needs. We developed three technology assessment and buyers’ guides to focus on overall data platform requirements as well as specific analytic data platform and operational data platform use cases.

In all of our Value Indexes, we utilize a structured research methodology built on evaluation categories designed to reflect real-world criteria and derived from RFP responses and a vendor selection process for analytics and business intelligence. For each of the Value Indexes, we evaluated Redis and other vendors in seven categories: five relevant to the product — Adaptability, Capability, Manageability, Reliability and Usability — and two related to the vendor — TCO/ROI and Validation. To arrive at the Value Index rating for a given vendor, we weighted each category to reflect its relative importance in an RFP process, with the weightings based on our experience and on data derived from our market research, including our Benchmark Research on Analytics and Data.

Previously known as Redis Labs, Redis changed its name in 2021 to reflect the level of involvement of the company in the open-source project of the same name. The Redis database is an in-memory data store that can be used as a database, a cache and a message broker. Redis, the company, offers Redis Enterprise Software and Redis Enterprise Cloud with additional functionality and commercial support. As Redis is focused specifically on operational data workloads, it was only included in our Operational Data Platforms Value Index.

Redis was categorized as a Vendor of Assurance in the Operational Data Platforms Value Index, ranking 19th overall in this Value Index evaluation. It ranked 19th in Product Experience, where it Ventana_Research_VI_Operational_Data_Platforms_Redisranked best in the Reliability category. It ranked ninth in Customer Experience and ranked best in the TCO/ROI category. Its overall performance was impacted by its lower rankings in Usability, Manageability and Adaptability, which represent 40% of the weighting in the overall Value Index.

Our assessment finds that Redis could perform better by examining its placement as 19th in Capability by addressing core database functionality, as well as functionality aimed at data architects and database administrators.

This assessment was based on Redis’ data platform products generally available as of September 30, 2022.

Organizations should evaluate their data platform requirements for operational and analytic workloads to ensure the existing products and vendors are meeting their needs. If their current data platforms are not satisfying those requirements, they should consider whether Redis can help meet their needs.

This research-based index is the most comprehensive assessment of the value of data platforms in the industry. Technology buyers can learn more about how to use our Value Index by clicking here and included vendors that wish to learn more can click here. Click below to read the individual reports:

Data Platforms Value Index

Analytic Data Platforms Value Index

Operational Data Platforms Value Index

Topics: Cloud Computing, Data, Digital Technology, Analytics & Data, analytic data platforms, Operational Data Platforms

Ventana Research

Written by Ventana Research

Ventana Research is the most authoritative and respected market research and advisory services firm focused on improving business outcomes through optimal use of people, processes, information and technology. Since our beginning, our goal has been to provide insight and expert guidance on mainstream and disruptive technologies. In short, we want to help you become smarter and find the most relevant technology to accelerate your organization's goals.