TechNavio recognizes the following companies as the key players in the Global Data Warehousing Market: IBM Corp., Microsoft Corp., Oracle Corp., and Teradata Corp.
Commenting on the report, an analyst from TechNavio’s team said: “In recent years, the high adoption of cloud computing technology by enterprises has been one of the emerging trends in the Global Data Warehousing market. Cloud-based data warehousing acts as an infrastructure design with a higher potential than traditional data warehouse deployment methods. Thus, organizations can use their private cloud for supporting their data warehouse and analytics. Budget constraints for IT, insufficient time to build in-house software, and cost advantages attached to hosted or on-demand software subscriptions are the primary factors responsible for the increased adoption of cloud-based data warehousing solutions by enterprises. In addition, cloud services do not have overhead costs of space, power, and cooling that are generally incurred with the deployment of traditional in-house data warehouse solutions.”
According to the report, one of the major drivers in this market is the increased amount of data generated by organizations. Due to the large amount of data generated, enterprises need data warehousing solutions to automatically track the performance and behavior of the information stored in their systems. In addition, they require analytics to develop innovative business strategies and improve their overall operational efficiency.
Further, the report states that one of the major challenges in this market is the difficulty in managing and improving data quality. Companies have to undergo several steps of scrutiny in order to ensure the high quality of data to be used for analytical purposes.
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 vendors. For further information on this report, please visit https://www.technavio.com/report/global-data-warehousing-market-2014-2018
TechNavio, the market research platform of Infiniti Research Ltd., publishes periodic market research reports on niche and emerging technologies. For more information on our market research, please visit https://www.technavio.com/it-hardware-software-services
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TechNavio Announces the Publication of its Research Report -Global Data Warehousing Market 2014-2018
