Faster analytics, more flexibility fuel data warehousing outlook
As pressure mounts for data managers to find more efficient places to store and access quantum amounts of structured, semi-structured and unstructured data for analysis, data warehousing is expected to grow at a healthy pace, all the while evolving away from traditional on-premises repositories and systems. Consensus has the data warehouse technologies market pegged at more than $30 billion by 2025, with compound annual growth rates ranging anywhere from 8% to as much as 12%.
"Increasing demand for high-speed analytics and low latency, along with the growing role of business intelligence in enterprise management, is expected to drive the market demand," Grand View Research reported. "The evolving warehousing centers are anticipated to introduce new scope for flexibility."
Depending on the analytics application, storage needs and strategies can vary. Data warehouses can range from traditional to logical to operational, and they can be managed, packaged and autonomous, as Gartner's January 2019 Magic Quadrant likes to frame them. The research firm polka dots Oracle, Microsoft, AWS, SAP, Teradata, Snowflake, Google and IBM throughout the leaders quadrant and a host of vendors in the niche region.
Demand for on-premises warehouse deployments will remain steady through 2025. But the cloud is hovering over these dedicated storage options, with hybrid expected to grow faster than on-premises deployments. "Cloud data warehouse deployments are on the rise," a Forrester Wave fourth quarter 2018 report noted, "as firms look at lowering costs, supporting new, accelerated insights and simplifying data management."
As a result, vendors are reinventing their data warehouse technologies and analytics platforms and services to accommodate these lofty customer demands, while some vendors are even finding it necessary to reinvent themselves. This handbook spotlights one of these vendors. First, Teradata added two new tools to its analytics platform. Next, a British bank moved its data to AWS cloud and stores its highest value "smart data" in a Teradata enterprise warehouse. Finally, Teradata is among a fast-growing list of vendors offering managed cloud database and data warehouse services.