TechNavio today launched its report Global Data Quality Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the present and future landscape of the market.
Commenting on the report, an analyst from TechNavio’s Enterprise Computing team said, ”The Global Data Quality market is witnessing a major increase in the number of acquisitions. Many global vendors including SAS Institute, Oracle and IBM have acquired smaller data quality software providers to enter the market. This trend is expected to continue in the next few years because of the presence of numerous smaller players that can be acquired by large players such as Microsoft Corp. and SAP. Since the market is technology-driven, large vendors are acquiring smaller vendors in order to expand their functional capabilities. For instance, the acquisition of FirstLogic Inc. by BusinessObjects Corp. provided it with functional expertise to handle data quality operations in various languages of the EMEA region.”
According to the report, one of the major drivers is the increasing demand for enterprise information management. Several applications are being used by enterprises for collecting, extracting and analyzing data in order to make better decisions, improve processes, and achieve desired corporate goals. An increase in demand for such applications is driving the demand for data quality tools.
Further, the report also discusses that lack of awareness is one of the major challenges faced by this market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key players. For further information on this report, please visit https://www.technavio.com/content/global-data-quality-market-2011-2015
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Enterprise Computing, please visit https://www.technavio.com/enterprise-computing
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TechNavio Announces the Publication of its Report – Global Data Quality Market 2011-2015
