Enterprise Data Management to Improve Various Business Operations: MarketsandMarkets

By CIOReview | Friday, July 10, 2015
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FREMONT, CA: MarketsandMarkets, a research publication firm, announced inclusion of “Enterprise Data Management Market by Software(Data Integration, Data Migration, Data Warehousing, Data Quality, Data Security and others), service, Deployment Type, User Type, Vertical and Region- Global Forecast and Analysis to 2020”. The report segregates enterprise data management market into various sub-topics, analyses key drivers for potential growth, restraints, opportunities and market size estimation.

The study defines enterprise data management as effective use and management of data which is a result of business processes, procedures, control, technology and people. It is to extract qualitative data from voluminous data to establish and build strategic interferences. The growing demand for data management in a business institution includes the need to maintain smooth operation along with reduction of total cost of the ownership of data.

Enterprise data management solutions enhances the organizations business operations and formulate best practices in the market. It increases transparency and acts as SWOT(Strength, Weakness, Opportunities, Threat) analysis concept to examine the weakness and opportunities for the organization and helps in reduction of time for certain tasks.  Through this, data can be treated as in important asset and use it effectively for competitive advantage to manage the enterprise.

The enterprise data management market is segmented by the type of software: data intergration, data migration, data governance and others; by service: consulting services, training and support services among the others; by type of deployment on premises and hosted. To add up the study explores the various trends in adoption of data management concept, revenue forecast across different regions namely North America, Asia-Pacific(APAC), Europe, the Middle East and Africa(MEA) and Latin America