Gartner Predicts 2021: Data Management Solutions — Operational Efficiency Rises to the Top
Download the 2021 Gartner Predicts report to get key insights into market trends and analysis.
Key insights include:
- Cloud DBMS revenues for 2019 were $17 billion, up 54% from 2018; 99% of the revenue is attributed to the top 13 vendors (cloud solution providers and the largest independent software vendors), leaving only 1% for the hundreds of smaller vendors in the market.
- Data Integration, data preparation and cleansing, data ingestion,and data exploration are among the top eight technologies that organizations would like to automate within a year.
- Organizations tend to architect and deploy solutions oriented around data sharing and governance on a piecemeal basis. This reflects historical organizational structures as well as a lack of awareness on the business side of the data’s dependency on business outcomes: the same piece of data might be subject to multiple policies at different times.
- According to Gartner’s 2020 Data Quality Solution Magic Quadrant Survey, poor data quality costs organizations an average of $12.9M per year. This number is likely to rise as business environments become increasingly digitized and complex.
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