Monte Carlo is Exemplary in Data Observability Buyers Guide

We are happy to share some insights about Monte Carlo drawn from our latest market research, Ventana Research Buyers Guide: Data Observability, which assesses how well vendors’ offerings meet buyers’ requirements.  

In all of our Buyers Guides, we utilize a structured research methodology called the Value Index that includes evaluation categories designed to reflect real-world criteria incorporated in a request for proposal (RFP) and vendor selection process. We evaluated Monte Carlo and six 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 vendor validation).

Our analysis classified Monte Carlo as Exemplary, receiving an overall grade of A- with an 84.5% performance. Monte Carlo’s best grouped results came in Customer Experience at 85.3% performance and an A- grade due in part to its A in TCO/ROI. In Product Experience, Monte Carlo received an A- grade with an 84.3% performance due to its 89.8% performance in Reliability. Monte Carlo was designated a Leader in all categories of this evaluation. Monte Carlo fully participated in the RFI process. 

Monte Carlo’s A- grade in Product Experience was nominally impacted by its A- in Adaptability where it could enhance process integration. Customer Experience was impacted by its B++ grade in Validation where it could provide more information related to sales and onboarding.  

Monte Carlo performed best in Customer Experience with an A- grade, notably in TCO/ROI, receiving an A due to its articulation of strategic values and tools to help customers calculate costs. In Usability, intelligence and user experience are strengths. Monte Carlo’s technology architecture and operations and scalability led to its A- grade in Reliability. 

This assessment was based on Monte Carlo Data Observability Platform, Version June 30, released June 2023. 

This research-based guide is the most comprehensive assessment of the value of data observability software in the industry. Technology buyers can learn more about how to use our Buyers Guide by clicking here and included vendors that wish to learn more can click here. Read the report here.