Press release
Metadata Management Tools Market to Partake Significant Development During 2017 - 2025
Metadata management is the overview of the data linked with the datasets, which gives the dataset a frame of reference turning it into information. It can be defined as an end-to-end process and administration of framework which summarizes basic information about data, so as to locate, control, work, attribute, and enhance, particular instances of data conveniently. Metadata management tool follows a structured path of creating, maintaining, storing, and publishing metadata, whenever data is created. Metadata management tool includes a data lineage function that guides to a visual map of the data flow through the data integration system. Ideally in an enterprise, metadata management tool should assist in accessing and reusing of a dataset whenever required, for decision making and improved business processes.
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Metadata management tools ensures data governance, which dwells information about policies, people, and processes. Metadata management tools assist in keeping clarity and consistency in definitions while reconciling the difference in terminologies. It also helps in preventing ambiguity in data lineage of an enterprise.
Metadata Management Tools Market: Drivers and Restraints
Full data governance, which involves a program managed over multiple stages of an enterprise, targeting various business opportunities, is an important driver of metadata management tool market. Common business terminology while adopting metadata management and regulatory compliance with international, domestic, or industry mandates are also driving the growth of metadata management tools market.
However, prerequisite technical infrastructure for adopting multiple high performance and unified repositories, complexity involved in accessing the data, and lack of awareness and understanding of metadata management tools within the enterprise are some of the challenges faced by the metadata management tools market.
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Metadata Management Tools Market: Segmentation
Metadata management tools market can be segmented on the basis of application, metadata type, end-user, and region. On the basis of application metadata management tools market can be further segmented into desktop based and web based. On the basis of metadata type it can be categorized into business, technical and operational metadata. In the end user type, metadata management tools market is categorized into BSFI, Government, Retail and E-commerce, Travel and hospitality, and others. Region wise global metadata management tools market can be segmented into North America, Europe, Asia-Pacific, Middle East and Africa and Latin America.
Metadata Management Tools Market: Regional Overview
North America is the biggest market for metadata management tools market with countries such as USA and Canada to ensure data standardization and data compliance through metadata reporting. Companies such as Data Advantage Group, Informatica, IBM Corp, Talend, Oracle, Cambridge Semantics, Adaptive, International, are some of the key players in metadata management tools market based in USA. In Europe, metadata management tools market is growing at considerable pace due to increase in demand for data management in the enterprises. Companies such as SAP SE and emerging start-ups such as AMI CONSULT are vendors based in Europe, providing metadata management tools. In Asia-Pacific region, metadata management tools market expected to grow in the near future due to existing services-based enterprises having huge amount of customer data.
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