Ventana Research recently published the 2023 Analytic Data Platforms Value Index. As organizations strive to be more data-driven, increasing reliance on data as a fundamental factor in business decision-making, the importance of the analytic data platform has never been greater. In this post, I’ll share some of my observations about how the analytic data platforms market is evolving.
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Topics:
Cloud Computing,
Data,
Digital Technology,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
Ventana Research recently announced its 2023 Market Agenda for Data, continuing the guidance we have offered for two decades to help organizations derive optimal value and improve business outcomes.
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Topics:
Cloud Computing,
Data Governance,
Data Management,
Data,
Digital Technology,
data operations,
Analytics & Data,
Streaming Data & Events,
analytic data platforms,
Operational Data Platforms
I am happy to share insights from our latest Ventana Research Value Index, which assesses how well vendors’ offerings meet buyers’ requirements. The 2023 Data Platforms Value Index is the distillation of a year of market and product research by Ventana Research. Drawing on our Benchmark Research, we apply a structured methodology built on evaluation categories that reflect real-world criteria incorporated in a request for proposal to data platform vendors that support the spectrum of...
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Topics:
Cloud Computing,
Data,
Digital Technology,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
Having recently completed the 2023 Data Platforms Value Index, I want to share some of my observations about how the market is evolving. Although this is our inaugural assessment of the market for data platforms, the sector is mature and products from many of the vendors we assess can be used to effectively support operational and analytic use cases.
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Topics:
Cloud Computing,
Data,
Digital Technology,
Analytics & Data,
analytic data platforms,
Operational Data Platforms
The shift from on-premises server infrastructure to cloud-based and software-as-a-service (SaaS) models has had a profound impact on the data and analytics architecture of many organizations in recent years. More than one-half of participants (59%) in Ventana Research’s Analytics and Data Benchmark research are deploying data and analytics workloads in the cloud, and a further 30% plan to do so. Customer demand for cloud-based consumption models has also had a significant impact on the products...
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Topics:
business intelligence,
Cloud Computing,
Data Management,
Data,
natural language processing,
data operations,
Analytics & Data,
analytic data platforms,
Operational Data Platforms,
AI and Machine Learning
There is always space for innovation in the data platforms sector, and new vendors continue to emerge at regular intervals with new approaches designed to serve specialist data storage and processing requirements. Factors including performance, reliability, security and scalability provide a focal point for new vendors to differentiate from established vendors, especially for the most demanding operational or analytic data platform requirements. It is never easy, however, for developers of new...
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Topics:
Cloud Computing,
Data,
Operational Data Platforms
Ventana Research’s Data Lakes Dynamics Insights research illustrates that while data lakes are fulfilling their promise of enabling organizations to economically store and process large volumes of raw data, data lake environments continue to evolve. Data lakes were initially based primarily on Apache Hadoop deployed on-premises but are now increasingly based on cloud object storage. Adopters are also shifting from data lakes based on homegrown scripts and code to open standards and open...
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Topics:
Business Intelligence,
Cloud Computing,
Data Governance,
Data Management,
Data,
data operations,
Analytics & Data,
analytic data platforms,
Operational Data Platforms,
AI and Machine Learning
Earlier this year I described the growing use-cases for hybrid data processing. Although it is anticipated that the majority of database workloads will continue to be served by specialist data platforms targeting operational and analytic workloads respectively, there is increased demand for intelligent operational applications infused with the results of analytic processes, such as personalization and artificial intelligence-driven recommendations. There are multiple data platform approaches to...
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Topics:
Business Intelligence,
Cloud Computing,
Data,
Streaming Data & Events,
analytic data platforms,
Operational Data Platforms,
AI and Machine Learning
I recently explained how emerging application requirements were expanding the range of use cases for NoSQL databases, increasing adoption based on the availability of enhanced functionality. These intelligent applications require a close relationship between operational data platforms and the output of data science and machine learning projects. This ensures that machine learning and predictive analytics initiatives are not only developed and trained based on the relationships inherent in...
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Topics:
Business Intelligence,
Data,
analytic data platforms,
Operational Data Platforms,
AI and Machine Learning