Modern technology strategies are becoming a balancing act for companies. One side of the pan is filled with emerging trends and techniques that give businesses a cutting edge in the digital marketplace. On the other side, it is balanced by the foundational technologies and practices which are still in the nascent stage of digital transformation. Managing the corporate data is a prime example of the foundational side. Data being the corporation’s ultimate proprietary asset. Each corporation has unique data that, if used strategically, can offer a competitive advantage. The data provides valuable insights about customer behavior and preferences, helping shape what the company sells and how they sell it. This same data often contains confidential and proprietary information, including customer or financial records, that requires the corporation to comply with external rules prescribed by industry bodies or governments. Digital data has grown at a rapid pace over the decades, but proper management of the data is a rising concern. Estimates say that 26% of the companies across the globe are struggling to manage their corporate data. Hence, a strategic approach to corralling this expanding data i.e. enterprise data management is now rapidly becoming a top business priority for more and more enterprises. These factors are propelling the growth of the enterprise data management market across the globe.
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Enterprises are now strongly influenced by both internal and external dynamics that have massive impacts on all parts of the business, particularly IT. Data explosion began when physical records were replaced with electronic records. Now several additional business changes contribute to the data explosion. The trend towards company consolidation is not a new one, but a stronger focus on costs and economies of scale has significantly increased the number of mergers and acquisitions. The increasing number of digital devices and the sheer volume of data has progressively increased the complexity of data management. Organizations are facing perplexing issues regarding the onset and offset of systems, impacting the security and storage of data produced and maintained by those systems. Several corporations are implementing systems to manage major areas of the business such as customer service, inventory, salesforce, HR, and financials. Grouping of technology and new business processes ignites the amount of data produced. As most of the data are about customers' details, employees, vendors and partners, there is a rising need to propel the enterprise data management market worldwide.
As social media is moving into the picture, it creates new pressure on IT departments to manage the data created. Enterprises are starting to realize the value of multimedia collaboration, including videos, podcasts, shared presentations, and documented conversations, all of which contribute to the expansion of data at higher levels. Business intelligence has gained pace over the lustrum, there are more requirements for access to data, both current and historical, which is creating a rising need for integrated data management. Such factors are increasing the demand for enterprise data management market.
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The detailed research study provides qualitative and quantitative analysis of the global enterprise data management market. The enterprise data management market has been analyzed from demand as well as supply side. The demand side analysis covers market revenue across regions and further across all the major countries. The supply side analysis covers the major market players and their regional and global presence and strategies. The geographical analysis done emphasizes on each of the major countries across North America, Europe, Asia Pacific, Middle East & Africa and Latin America
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Global Enterprise Data Management Market
- By Organization Size:
- Large Enterprises
- Small and Medium Enterprises (SMEs)
- By Application:
- Data Integration
- Data Migration
- Data Warehousing
- Data Quality
- Data Security
- Master Data Management
- Others
- By Industrial Vertical:
- Banking, Financial Services and Insurance
- Government
- Retail
- Healthcare
- IT and Telecom
- Manufacturing
- Energy and Utilities
- Transportation and Logistics
- Others
- By Deployment Mode:
- On-Premise
- Cloud-based
- By Region:
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- France
- The UK
- Spain
- Germany
- Italy
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- New Zealand
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia Pacific
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Kuwait
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
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