Press release
Enterprise Data Management Market Share to witness steady rise in coming decade | IBM Corporation, SAS Institute Inc., Teradata Corporation
Enterprise Data Management Market
Read more about Enterprise Data Management Market here: https://www.globalinsightservices.com/reports/enterprise-data-management-market/
Enterprise data management (EDM) is a comprehensive approach to managing an organization's data. It includes processes and technologies for acquiring, storing, governing, and analyzing data. EDM is designed to help organizations get more value from their data and use it more effectively. It helps them improve decision-making, increase operational efficiency, and better manage risk. EDM also enables organizations to share data more effectively and comply with regulations.
Key Trends:
Enterprise data management (EDM) is the comprehensive management of an enterprise's data assets. It includes all aspects of data management, from data acquisition and warehousing to data quality and governance. EDM is a critical part of an enterprise's overall information management strategy.
There are four key trends in Enterprise Data Management technology:
1. Data integration
2. Data quality
3. Data governance
4. Big data
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Key Drivers:
The key drivers of the EDM market are the increasing volume and complexity of enterprise data, the need to improve data quality and governance, and the need to better leverage data assets for competitive advantage. The volume of enterprise data is growing exponentially, driven by the proliferation of digital devices and sensors, the growth of social media and other online data sources, and the increasing use of data-intensive applications such as big data and analytics. This growth is straining the capacity of traditional data management approaches, such as relational database management systems, to cope.
Market Segments:
The Enterprise Data Management Market is segmented on the basis of component, deployment, organization size and region. On the basis of component, the market is segmented into software and service. By deployment, the market is segmented into cloud and on premises. By organization size, the industry are broadly classified into large enterprises and small and medium-sized enterprises (SMEs). Region-wise, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Key Players:
The Enterprise Data Management Market report includes players such as IBM Corporation, SAS Institute Inc., Teradata Corporation, Oracle Corporation, SAP SE, Symantec, Cloudera, Inc., Amazon Web Services, Inc, EnterWorks, Inc. and Zaloni, Inc.
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