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Market Leader - Data Fabric Market

Data fabric is a distributed data management platform that enables organizations to integrate various data management processes including data access, data discovery, data orchestration, data processing, data ingestion, data analytics, and data visualization. It automatically brings together disparate data sets, both historical and real time, and processes them in an efficient way. Data fabric is an aggregation of multiple big data components which deliver a comprehensive view of customer and business data across an organization

The Data Fabricbusiness sector includes an expansive list of vendors providing software/platform and services, such as Denodo Technologies (US), Global IDs (US), IBM Corporation (US), Informatica Corporation (US), NetApp (US), Oracle Corporation (US), SAP SE (Germany), Software AG (Germany), Splunk (US), Talend (US), VMware (US), HP Enterprises (US), Teradata Corporation (US), Trifacta (US), Syncsort (US), and K2View (Israel). Players in the data fabric business sector have embraced different strategies to extend their worldwide presence and market share. New product launches, collaborations, and partnerships are the key strategies adopted by industry players to accomplish development in the data fabric market.

Talend S.A. is one of the eminent leaders in the data fabric market. The company is known for providing comprehensive products and services, which include data fabric platform, master data management, data quality, application integration, and big data integration. Talend caters to a full range of industrial verticals, including finance and insurance, manufacturing and retail, media and entertainment, healthcare, public sector, and telecommunications. Talend has expanded its geographical presence in the regions of North America, Middle East and Africa (MEA), Europe, and Asia Pacific (APAC). Talend’s long term strategies lean more toward the organic growth strategies, where they look forward to introducing more products and services in the data fabric market. For example, in January 2017, Talend launched a new product named Winter ‘17, a new version of Talend Data Fabric, which can collaborate businesses and IT for better decision-making.

The fundamental objective of Informatica Corporation is to meet every requirement of the industry’s clients and additionally, provide new advancements to data management through its data fabric platform. The organization caters to various business verticals, including energy and utilities, financial services, manufacturing, public sector, retail, entertainment and media, telecommunications, healthcare, technology, automotive, and travel and transportation. The company has adopted different strategies to strengthen its position in the data fabric market by serving its clients through the Informatica platform. The company has mainly embraced organic strategies to strengthen its product portfolio and geographical reach. Recently, in May 2016, Informatica launched a marketing data lake that allows marketers to access marketing information. It works as a bridge between IT and businesses by allowing data access centrally.

The global data fabric market is expected to grow from USD 653.5 Million in 2017 to USD 2,125.1 Million by 2022, at a Compound Annual Growth Rate (CAGR) of 26.6%.

Related Reports:

Data Fabric Market by Type (Disk-Based, In-Memory), Business Applications (Fraud Detection and Security Management, Customer Experience Management, Business Process Management, GRC Management), Service, Vertical and Region – Global forecast to 2022

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