|[December 02, 2013]
Research and Markets: Global Data Warehousing Market 2014-2018: CAGR, Market Size, Forecasts till 2018
DUBLIN --(Business Wire)--
Research and Markets (http://www.researchandmarkets.com/research/52wmm9/global_data)
has announced the addition of the "Global
Data Warehousing Market 2014-2018" report to their offering.
The analysts forecast the Global Data Warehousing market to grow at a
CAGR of 11.16 percent over the period 2014-2018. One of the key factors
contributing to this market growth is the increasing amount of data
generated by organizations. The Global Data Warehousing market has also
been witnessing the increasing popularity of cloud computing technology.
However, the difficulty in managing and improving data quality could
pose a challenge to the growth of this market.
The key vendors dominating this market space are IBM (News - Alert) Corp., Microsoft
Corp., Oracle Corp., and Teradata Corp.
Other vendors mentioned in th report are 1010data Inc., Actian Corp.,
Calpont Corp., EMC Corp., Exasol AG, HP Co., Infobright Inc., Kognitio
Ltd., ParAccel Inc., and SAP (News - Alert) AG.
Commenting on the report, an analyst from the 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
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
For more information visit http://www.researchandmarkets.com/research/52wmm9/global_data
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