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Enterprise Data Warehouse (EDW) Market size is set to grow by USD 39.23 billion from 2024-2028, Data explosion across industries boost the market, Technavio

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NEW YORK, June 26, 2024 /PRNewswire/ — The global enterprise data warehouse (EDW) market size is estimated to grow by USD 39.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.08%  during the forecast period. Data explosion across industries is driving market growth, with a trend towards significant focus on new solution launches. However, data security concerns poses a challenge. Key market players include Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Healthcare Technology Pvt. Ltd., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Microsoft Corp., Open Text Corporation, Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Enterprise Data Warehouse (Edw) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.08%

Market growth 2024-2028

USD 39236.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

23.2

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 32%

Key countries

US, China, UK, India, and Germany

Key companies profiled

Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Healthcare Technology Pvt. Ltd., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Microsoft Corp., Open Text Corporation, Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc.

Market Driver

The enterprise data warehouse (EDW) market is experiencing growth due to increased adoption in small-medium enterprises and large businesses. Vendors are investing in new solutions and upgrades, such as Snowflake Inc.’s introduction of new large language models, enhanced retrieval capabilities, and AI safety measures in May 2024. These advancements, like Snowflake Arctic’s SQL generation and execution capabilities, contribute to market growth under the Apache 2.0 license, ensuring openness and collaboration. 

The Enterprise Data Warehouse (EDW) market is experiencing significant growth due to the increasing demand for data analysis and business intelligence. Businesses are recognizing the importance of having a centralized system to manage and analyze their data. Trends in this market include the use of advanced analytics and machine learning to gain insights from data. Data sources are becoming more diverse, including social media and IoT devices. Data volumes are growing rapidly, requiring the use of cloud-based solutions for scalability. Data security and governance are also key concerns. Tools such as ETL (Extract, Transform, Load) and data visualization software are essential for effective EDW implementation. Overall, the EDW market is evolving to meet the needs of businesses seeking to make data-driven decisions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global Enterprise Data Warehouse (EDW) market faces significant data security challenges. Threats such as DDoS attacks, data breaches, unsecured APIs, data loss, and account hijacking pose risks to stored data. Vendors and enterprises are addressing these concerns through service-level agreements (SLAs) and security measures like data management software and security appliances. Despite efforts to enhance security, data breaches and loss remain potential issues, underscoring the importance of ongoing vigilance in the EDW market.Enterprise Data Warehouses (EDW) play a crucial role in businesses by collecting and storing data from various sources. However, implementing an EDW comes with several challenges. One major challenge is data integration from multiple sources, ensuring consistency and accuracy. Another challenge is data security and privacy, as sensitive data needs protection. Scalability is also a concern, as businesses grow and generate more data. Additionally, keeping up with technology advancements and ensuring compatibility with new systems can be a challenge. Lastly, cost is a significant factor, as EDW implementation and maintenance can be expensive. Despite these challenges, businesses continue to invest in EDWs to gain valuable insights and make informed decisions.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This enterprise data warehouse (edw) market report extensively covers market segmentation by  

Product Type1.1 Information and analytical processing1.2 Data miningDeployment 2.1 Cloud based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Information and analytical processing-  The Enterprise Data Warehouse (EDW) market is driven by the expansion of IT, BFSI, education, healthcare, and retail sectors. Data warehouses facilitate the processing of information for querying, analysis, and reporting. OLAP operations like slice-and-dice, drill-down, and pivoting enable multidimensional data analysis. The integration of web-based accessing tools and the use of both summarized and comprehensive historical data are current trends. These factors contribute to the growth of the information and analytical processing segment of the EDW market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Enterprise Data Warehouse (EDW) market encompasses solutions that enable organizations to collect, process, and store data from various business units and data sources for analysis and reporting. EDWs facilitate the integration of flat files and physical recordings into a centralized, structured database. This collection of databases serves as valuable assets for businesses, providing a single source of truth for the organization’s information. EDWs employ an ingestion layer to handle data from multiple sources and ensure data consistency. Business intelligence (BI) tools, such as Tableau, PowerBI, Qlik, Teradata, Netezza, Exadata, Amazon Redshift, and Google BigQuery, are commonly used to derive insights from the data stored in EDWs, thereby enhancing decision-making capabilities across departments. Data engineering plays a crucial role in designing, building, and maintaining these complex systems. Cloud-based EDWs offer scalability and flexibility, making them an attractive option for businesses looking to modernize their data management infrastructure.

Market Research Overview

The Enterprise Data Warehouse (EDW) market encompasses solutions and services that enable organizations to collect, store, manage, and analyze large volumes of data from various sources. EDW solutions provide a centralized repository for data integration, ensuring data consistency and accuracy. They utilize advanced technologies such as artificial intelligence, machine learning, and predictive analytics to derive valuable insights from complex data sets. These insights help businesses make informed decisions, optimize operations, and enhance customer experiences. EDW solutions cater to various industries, including finance, healthcare, retail, and manufacturing, among others. They offer benefits such as improved data accessibility, reduced data redundancy, and increased data security.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypeInformation And Analytical ProcessingData MiningDeploymentCloud BasedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

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SOURCE Technavio

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RedThread Report Reveals 50% Drop in L&D’s Involvement in Strategic Discussions, Offers Framework for Reclaiming Influence

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RedThread Research’s latest report, Hope Isn’t a Plan: Building a Progressive L&D Strategy, highlights a 50% drop in Learning & Development involvement in business strategy discussions over the past two years, signaling a shift from strategic partner to reactive function. The report also provides a comprehensive five-part framework to help L&D leaders articulate their strategy, collaborate effectively across departments, and balance stability with flexibility.

WOODSIDE, Calif., Nov. 14, 2024 /PRNewswire-PRWeb/ — RedThread Research has published its latest report, “Hope Isn’t a Plan: Building a Progressive L&D Strategy,” which underscores the declining strategic role of Learning & Development (L&D) functions and offers a comprehensive framework for leaders seeking to recalibrate their strategies.

“L&D needs to rethink its strategy or risk becoming irrelevant. More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The study reveals a sharp 50% drop in L&D’s involvement in business strategy discussions over the past two years, signaling an alarming shift from strategic partner to reactive supporter. The research also shows that L&D’s involvement in workforce planning discussions similarly declined sharply over this same period.

“L&D needs to reclaim its strategic voice or risk becoming irrelevant,” said Dani Johnson, Co-founder and Principal Analyst at RedThread Research. “More than just talking about being strategic, they need to align, act on, and operationalize it. That means doing things differently, thinking more strategically, and embedding learning into the heart of the organization.”

The report highlights several pressing insights, including:

Declining Strategic Influence: L&D’s diminishing role in strategy discussions has led to a more tactical and reactive function in many organizations.The Importance of Articulating Strategy: Many L&D leaders lack a clearly communicated and well-defined strategy, further compounding their inability to respond effectively to changing business needs.Collaboration as a Cornerstone: Successful employee development requires structured collaboration and cooperation across departments, challenging entrenched mindsets about L&D’s role. L&D functions need a plan for how to best collaborate with other business functions.Balancing Stability with Flexibility: While adaptability is essential, the report argues that stability also forms the foundation for long-term success in L&D efforts.A Five-Part Strategic Framework: The study provides a detailed framework comprising five core elements of an L&D Strategy—Organizational Alignment, Employee Impact, Operations and Governance, Tech and Data, and Stakeholder Engagement.

“Learning and Development can’t afford to play it safe,” added Johnson. “They must be prepared to continually evolve— locking down what works while still flexing to meet what comes next. And they need to double down on strategy to show how that connects back to outcomes — and prove that L&D is not just a cost center but a critical driver of success.”

For access to an infographic of the framework and other exclusive research, navigate to https://members.redthreadresearch.com/spaces/12680089/feed and register for a complimentary Starter Tier membership in the RedThread Research community.

For companies and individuals interested in exploring this research more deeply, RedThread offers exclusive membership opportunities. Join the RedThread research community or the Tech Consortium by visiting the RedThread website (https://www.redthreadresearch.com) or reaching out to RedThread by emailing hello@redthreadresearch.com. 

About RedThread Research

At RedThread Research, we get it.

Sure, we’re experts in performance, people analytics, learning, and D&I – and we’re well-versed in the technologies that support them. But we’re also truth-seekers and storytellers in an industry often short on substance, and too full of #!%. Our mission (indeed, our very reason for existing) is to cut through the noise, and amplify what’s good. We look for the connections (or red threads) between people, data, and ideas – even among seemingly unrelated concepts. The result is high-quality, unbiased, transformative foresight that helps you build a stronger business.

To learn more, visit https://www.redthreadresearch.com.

Heather Gilmartin
RedThread Research
646-275-0742
heathergilmartin@redthreadresearch.com

Media Contact

Heather Gilmartin Adams, RedThreadResearch, 6462750742, heathergilmartin@redthreadresearch.com, https://redthreadresearch.com/

View original content:https://www.prweb.com/releases/redthread-report-reveals-50-drop-in-lds-involvement-in-strategic-discussions-offers-framework-for-reclaiming-influence-302306028.html

SOURCE RedThreadResearch; RedThreadResearch

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SONOR INVESTMENTS LIMITED APPOINTS NEW INTERIM CHIEF FINANCIAL OFFICER AND TREASURER

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TORONTO, Nov. 14, 2024 /CNW/ – Sonor Investments Limited (“Sonor”) announced today that Fanny Chantal Grenier was appointed Treasurer and Chief Financial Officer of Sonor effective November 12, 2024 to replace Rosabell Chung Hun who resigned from this position as of such date.

Michael Gardiner, Chairman and Chief Executive Officer of Sonor, stated “we would like to express our gratitude for Rosabell Chung Hun’s significant contributions and dedication to our company”. He went on to say “for the immediate future, Fanny Chantal Grenier is to be appointed as the interim Chief Financial Officer  and Treasurer of the company until we have a permanent replacement. We are in the process of examining our human resources plan that will be discussed and presented at our next board meeting”.

Ms. Grenier presently holds the position of President of Fairwater Capital Corporation, is a qualified CA CPA and brings extensive experience in financial leadership. She has a proven track record in advancing fiscal responsibility and operational efficiency.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

SOURCE Sonor Investments Limited

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Odyssey Impact’s New Grant Opportunity: $2,500 – $25,000 for Local Nonprofits — But Don’t Bother If You JUST Want to Raise Awareness

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Odyssey Impact is awarding grants ranging from $2,500 to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) with creative and unique ideas for tackling local challenges and bringing people together in person. The Connected Communities Grants are simple and streamlined… no epic application process and no weeks-long recap reports. The grants were created to help bring about impactful and meaningful change that connects and strengthens local communities. The deadline to apply is December 11, 2024 and winners will be announced in January 2025.

NEW YORK, Nov. 14, 2024 /PRNewswire-PRWeb/ — If you’re tired of JUST TALKING ABOUT A PROBLEM, WE’RE WITH YOU. WE WANT TO FIND SOLUTIONS. And if you’re also tired of filling out long applications, running “awareness” campaigns, or spending weeks cobbling together post-grant reports, Odyssey Impact® has some great news for you.

Through the simple and streamlined Connected Communities Grants, Odyssey Impact® is offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help solve problems in their communities and bring people together in person.

We’re ditching all that in our new SIMPLE AND STREAMLINED Connected Communities Grants, offering up to $25,000 to nonprofits (or those with a verified nonprofit fiscal sponsor) who want to help SOLVE PROBLEMS in their communities.

Grants will range from $2,500 to $25,000 for applicants with CREATIVE and UNIQUE ideas for tackling local challenges and bringing people together IN PERSON. You know what your town needs and we want to help you make it happen.

Our Mandate is Simple: We want creative ways to help connect people in real-time, in meaningful ways.

Odyssey Impact Board President, Riaz Patel, and co-founder of ConnectEffect, underscores the critical importance of real, in-person connection:

“We’re facing an unprecedented epidemic of isolation, alienation, and loneliness. We don’t need more awareness or research to know it’s a massive problem. We need bold, innovative solutions from creative thinkers to reignite a sense of community across America.”

Interested in applying? Awesome! But here’s what we don’t want:

We’re not looking for “scalable” projects. We ARE looking for local and connected.No “awareness campaigns.” We want to help you take real action instead.No “virtual” events. We are funding in-person, live human stuff.Skip the epic applications. We don’t have the time for those either.No weeks-long recap reports. We’d rather see your great pics and videos.No galas, golf tournaments, or fundraisers. We want project- and program-focused ideas.

Got something cool and community-focused in mind? Perfect! We want unique ideas that make sense for your community, and we want you to spell it out clearly (without all the fluff) — how your project will connect people, foster innovation, and bring the community together.

We need this now more than ever, and if you agree, you are our kind of grantee applicant.

You can apply now through December 11th at odyssey-impact.org,

Winners will be announced in January 2025.

Together, we can truly create impactful and meaningful change that connects and strengthens our local communities.

About Odyssey Impact®

Odyssey Impact® ignites creative, actionable solutions that drive real transformation and connection at the local level. By teaming up with innovative community leaders and those who care about their communities, we’re funding projects that are not only visionary, but also perfectly tailored to meet each community’s unique needs.

Through these efforts, Odyssey Impact is laying the groundwork for a future where real community-driven initiatives create much-needed impact & change and bring us all closer together.

Media Contact

Erin Carenzo, Odyssey Impact, 1 8183817336, erin@carenzoagency.com, https://odyssey-impact.org/

View original content to download multimedia:https://www.prweb.com/releases/odyssey-impacts-new-grant-opportunity-2-500—25-000-for-local-nonprofits–but-dont-bother-if-you-just-want-to-raise-awareness-302305983.html

SOURCE Odyssey Impact; Odyssey Impact

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