Miami – (BUSINESS WIRE) – Organizations are increasingly using large-scale cloud transformations to become more flexible, resilient, and manageable data. At the same time, the adoption of modern data warehousing technology has accelerated in tandem as companies seek to expand data reception and analysis. In 2022, Nucleus Research released its Data Warehouse Value Matrix, predicting an increase in the number of customers who prefer appropriate scalability of the solution, serverless capabilities, multi-regional and multi-cloud completeness, and performance optimization for big data and highly parallel tasks when choosing a storage solution.
Last month, Nucleus identified several key trends in the database and repository market:
Flexible data warehousing will push more movement towards server-based usage-based pricing models;
Increase supplier investment in distributed cloud storage and processing;
Mass implementation of real-time and database analytics;
Accelerated development of artificial intelligence and self-care analytics with data warehouses as breeding ground.
According to Nucleus Research analyst Alexander Wurm, these trends play an important role in the interaction of customers and suppliers in the future, as well as in addressing the painful moments that coincide with the growth of the industry. Although 2022 has just begun, vendors are increasingly investing in distributed technologies to improve processing efficiency and provide more productive analytical capabilities. And while this rapid growth in proliferation is already yielding valuable customer reports, this shift to massive scale has also revealed some challenges customers need to address to maximize the value and success of their database and repository projects.
For example, many providers have faced challenges in scaling up their services while providing data security and access to data for value-added analysis. To address these issues, providers continue to develop new networking techniques, such as multi-regional and multi-cloud approaches, to reduce the potential severity of cloud outages. Vendors also provide analytical capabilities in the database to minimize latency for time-critical tasks by avoiding extraction, transformation, and loading (ETL) actions. To that end, Nucleus ’2022 Data Warehouse Value Matrix offers a breakdown of data warehouse industry leaders, experts, facilitators and major vendors for businesses looking to make a decision for a data warehouse:
- Leaders: Amazon Redshift, Oracle Autonomous Data Warehouse, Microsoft Azure Synapse Analytics and Teradata Vantage.
- Experts: Yellowbrick Data, IBM Db2 Warehouse and Databricks lakehouse.
- Facilitators: Snowflake Data Cloud, SAP Data Warehouse Cloud and Google BigQuery.
- Major suppliers: Panoply Cloud Data Platform and Cloudera Data Platform.
“Data warehouses have shifted from sophisticated and inflexible equipment for sparse batch processing to highly managed, interconnected and scalable systems,” said Wurm. and reducing the costs associated with excessive use of computing resources. ”
To create the 2022 Data Warehouse Value Matrix, vendors are ranked according to the relative usability and functionality of their respective solutions, as well as the value that customers understand from each product’s capabilities and presented as a snapshot of the current market rather than empirical vendor rankings.
To get the full report, click here.
About Nucleus Research
Nucleus Research is a global provider of investigative, technological research and consulting services. The company’s research approach, focused on return on investment, provides a unique insight into the real results that technology solutions provide, enabling organizations to overcome marketing hype to understand real operational value and select or upgrade the best technology solution for their environment. For more information, visit NucleusResearch.com.