HOME Research Insight Informatica Corporation (California, U.S.) and SAS Institute Inc. (North Carolina, U.S.) are the leading players in the Data Governance Market

Informatica Corporation (California, U.S.) and SAS Institute Inc. (North Carolina, U.S.) are the leading players in the Data Governance Market

Data governance helps establish rules to implement right decisions and define a framework to encourage desirable behavior in the valuation, creation, storage, use, archival, and deletion of data and information. Data governance is not meant to solve all business and IT problems, but can help define, approve, and communicate the data strategies, polices, standards, architecture, procedures, and metrics, which help track and enforce data policies and procedures. The growing demand for data governance can be seen in a plethora of verticals. The need to meet regulations and compliance deadlines and improve & sustain strategic risk management has potentially fueled the growth of the data governance market. The data governance market is expected to grow from USD 863.2 Million in 2016 to USD 2,234.7 Million by 2021, growing at a Compound Annual Growth Rate (CAGR) of 21.0% during the forecast period.

Various vendors operating in this market include Collibra, Inc. (Brussels, Belgium), Informatica Corporation (California, U.S.), SAS Institute Inc. (North Carolina, U.S.), IBM Corporation (New York, U.S.), Oracle Corporation (California, U.S.), SAP SE (Walldorf, Germany), TIBCO Software, Inc. (California, U.S.), Talend Inc.

(California, U.S.), Information Builders (New York, U.S.), Varonis Systems Inc. (New York, U.S.), and  Orchestra Networks (Paris, France). The players in this industry have adopted different strategies to expand their worldwide presence and enhance their market shares. Partnerships and new product launches are some of the significant strategies adopted by the players in the recent past. Players such as Collibra Inc., Informatica Corporation, SAS Institute Inc., and SAP SE have adopted these strategies to expand their product portfolios

Informatica Corporation is one of the leading players in the market and has adopted the strategies of partnerships and new product launches to increase its market share. The company offers data quality and Mater Data Management solutions for data governance. In October 2016, the company launched Informatica Data Lake management to integrate, govern, and secure organizational data. Self-service data quality and governance features are also added in the solutions to help maintain data as per industry regulations. Informatica partnered with Tableau Software Inc., a U.S. based software solutions provider in October 2015, to provide data management solutions such as data integration, data preparation, and data visualization solutions to Tableau’s customers.

Collibra Inc. (Brussels, Belgium) is another major provider of data governance solutions and services. The company provides well-differentiated data governance solutions to customers with advanced features such as business glossary, catalog, data dictionary, data helpdesk, policy manager, reference data, and stewardship. The company provides data governance solutions using the on-premises and cloud deployment models and also helps automate data governance and management to secure trusted data. Collibra caters to verticals such as BFSI, healthcare, education, and telecommunications. Services provided by the company such as training, support, and professional services help customers to implement data governance effectively. Collibra adopted the strategic approach of product launches and partnerships to enhance its geographic presence. In December 2016, it launched Collibra University 2.0 to help users learn advanced data programs to achieve qualitative data governance within the organization. In August 2016, the company entered into a partnership with Eccela (New York, U.S.), a data management, analytics, and consulting firm to offer data governance platforms and data management analytics solutions to the pharmaceutical and manufacturing verticals.

Related Reports:

Data Governance Market by Component (Solution and Service), Application (Incident Adjustment Management, Risk Management, Sales & Marketing Optimization), Deployment, Vertical, Business Function & Region - Global Forecast to 2021

UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support

US : 1-888-600-6441

Search reports