Gartner recently released several studies that confirm our perception of our market. The first study is dedicated to
Master Data Management (
MDM) and states that “
MDM is important in a tough economy, and more important in growth”. John Radcliffe, Vice President of Research at Gartner commented in
EFY Times, that “
Today, most organizations juggle multiple sets of business and data applications across corporate, regional and local systems. At the same time, customers are demanding faster and more complex responses from organizations, leading to an inconsistency that hinders the organization’s ability to measure and move within the market. With MDM, CIOs can create a unified view of existing data, leading to greater enterprise agility, simplified integration and, ultimately, improved profitability.”
According to Gartner, in 2010, the
MDM market was valued at $1.5 billion, with 14% growth from 2009. The analyst firm predicts that this growth will continue to increase (18% CAGR), reaching $2.9 billion by 2014, “
even through the worst of the global recession”.* The company also adds that “
by 2015, 10 percent of packaged MDM implementations will be delivered as software as a service (SaaS) in the public cloud” and particularly recommends it to enterprises that lack in-house skills. Gartner confirms what we have always maintained:
MDM is pivotal for every Data Management project.
The second study identifies “
Nine Key Data Warehousing Trends for the CIO in 2011 and 2012”. According to Gartner, “
The data warehouse is set to remain a key component of the IT infrastructure (…) and as the demand for business intelligence (BI) and the wider category of business analytics increases, optimization, flexible designs and alternative strategies will become more important.” If the data warehouse is still a strategic component of the IT infrastructure, so is the loading of the “
enterprise’s largest data repository”! And loading the data warehouse means optimizing data and application integration. Here, I see good perspectives for Talend: with the acquisition of Sopera, we are now able to work on the synergies of Data and Application Integration which will help enterprises optimize data circulation in their information system, and ultimately, thrive.
I will wrap up this post by mentioning another good prospective article, “5 Paths To The New Data Integration”,
published by Seth Grimes on Information Week. This article begins with a statement that many analysts acknowledge today, “
Data integration will be a top story in information technology in 2011”. The author explains that in addition to
ETL and ELT technologies, the market will offer innovations that will help to better respond to clients’ needs, while enhancing user-friendliness: mashups, semantic integration, and data profiles.
Innovation has always been at the heart of our strategy. For example, Talend was the first vendor to release a unified data management platform, uniting data integration, data quality and master data management (
MDM) within a single solution. Our efforts were noted by awards such as the
Red Herring Top 100 Europe Tech Startup and the
2010 Innovation Award of the Open World Forum. This kind of articles and studies confirm that we are on the right path, and encourage us to continue!
Yves
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