Connect with us

Technology

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

Published

on

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/

View original content to download multimedia:https://www.prnewswire.com/news-releases/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-302182777.html

SOURCE Technavio

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Leoguar Electric Bike Makes Christmas Unforgettable with Exclusive Holiday Offers

Published

on

By

HOUSTON, Dec. 25, 2024 /PRNewswire/ — As the holiday season draws near, Leoguar is excited to offer exclusive deals on their range of electric bikes, bringing families together for memorable moments. With a collection designed to combine fun and fitness, this Christmas is the perfect time to gift an unforgettable experience.

“This Christmas, we’re inviting families to rediscover the joy of outdoor exploration. Our bikes help you bond, stay active, and make the most of every moment,” said the Leoguar COO.

Leoguar’s holiday lineup offers premium e-bikes for every rider, now with unbeatable deals: 

Flippo Folding eBike: A lightweight, foldable ride perfect for urban commutes. Upgrade to the Flippo Pro for enhanced performance with a torque sensor for smoother rides.

Fastron Fat Tire eBikes: Built for rugged terrains, the Fastron features a durable, rugged build, and speeds up to 28 MPH, making it the perfect choice for adventurous riders.

Zephyr Beach Cruiser eBikes: Crafted for effortless coastal cruising, the design combines style and comfort, featuring a comfort saddle that ensures a smooth, seamless ride.

Sprint Utility eBike: A versatile, practical choice featuring a sturdy frame and passenger seat, perfect for errands or leisure.

Trailblazer EMTB: Designed for tough off-road trails, the model features a 500W mid-drive motor, offering powerful performance, extended range, and excellent climbing ability.

To make this holiday gift even sweeter, all Leoguar bikes come with free shipping and a two-year warranty for worry-free riding. Additionally, customers can join the holiday giveaway to win prizes like $59 bottle holders, or even a free e-bike!

Leoguar bikes cater to all experience levels, offering comfort and a seamless riding experience. They promote health benefits like improved fitness and stress relief while creating lasting memories on scenic rides.

“Whether it’s cruising the city streets, riding mountain trails, or relaxing by the beach, a Leoguar electric bike is the ideal Christmas gift,” the COO added. “This holiday season, choose a cycling gift that will last for years to come — there’s no better way to kick off the new year.”

To check out the full collection and take advantage of these limited-time offers, visit www.leoguarbikes.com

About Leoguar:

Leoguar is an eco-conscious e-bike brand founded by Johnny, an engineer with decades of industry expertise. Combining innovation, agility, and power, Leoguar delivers high-quality electric bikes designed for adventure, sustainability, and individuality.

Media contact: lily@leoguarbikes.com 

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/leoguar-electric-bike-makes-christmas-unforgettable-with-exclusive-holiday-offers-302339078.html

SOURCE Leoguar Electric Bikes

Continue Reading

Technology

2024 Financial Oscars: Waton Securities International Honored as “Outstanding Digital Empowerment Institution” of the Year

Published

on

By

SHENZHEN, China, Dec. 25, 2024 /PRNewswire/ — In early December, at the 18th Huaxia Institutional Investor Annual Conference of 2024, the 18th Golden Cicada Awards were announced. Waton Securities International was awarded the “Outstanding Digital Empowerment Financial Institution of 2024” for its significant achievements in securities brokerage and fin-tech sector.

The selection for the “Outstanding Digital Empowerment Financial Institution” focused on evaluating companies based on financial performance, market competitiveness, customer recognition, digital strategy planning and implementation, digital transformation outcomes, and risk control capabilities. Particularly, it highlighted cases that have made significant strides in digital empowerment.

The evaluation also emphasized the outstanding performance of financial institutions in their own digital transformation and the sound risk control abilities demonstrated during this process, ensuring that while pursuing innovation, companies can effectively manage and control risks. Waton Securities International distinguished itself among the contenders with its sophisticated technology platform, well-defined digital strategy, substantial transformation achievements, and commendable risk control mechanisms.

Established in Hong Kong in 1989, Waton Securities International has steadily grown with a deep understanding of professional financial services and regulatory compliance. It has obtained licenses 1/4/5/9 from the Hong Kong Securities and Futures Commission, becoming a fully licensed brokerage with comprehensive financial service qualifications. Through continuous technological innovation and digital transformation, it has successfully built a one-stop brokerage cloud service platform, promoting advanced digital financial technology globally. Its pioneering SaaS product, “Broker Cloud”, allows corporate clients to independently deploy and operate high-performance digital customer information management and trading systems without their own IT teams. The solution is relatively low-cost and adaptive to industry, which is the core competitiveness of Waton Securities International.

Data reveals that of the 1,100 securities firms in Hong Kong, approximately 600 are actively trading, yet fewer than 50 have developed their own mobile applications. On a global scale, among the 30,000 securities companies, only a handful—less than 300—feature brokerage trading Apps in App stores. This underscores a significant market demand for the digital enhancement of the securities sector.

With the swift growth of technologies like generative AI LLMs, blockchain, big data, and cloud computing, the securities industry can use these tools to streamline trading strategies, assess risks more accurately, and forecast market trends. These technologies also help the industry to move towards more integrated, platform-focused, and digital operations. The main goal of technology in finance is to increase the efficiency of financial institutions. A good starting point for applying technology is to focus on financial services and build a solid technical foundation for these institutions.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2024-financial-oscars-waton-securities-international-honored-as-outstanding-digital-empowerment-institution-of-the-year-302339091.html

SOURCE Waton Securities

Continue Reading

Technology

Mega Matrix Announced that the English Version of “Getting Even: The Secret Prodigy’s Playbook” Now Streaming on FlexTV

Published

on

By

SINGAPORE, Dec. 25, 2024 /PRNewswire/ — The highly anticipated English adaptation of the revenge rebirth series, Getting Even: The Secret Prodigy’s Playbook, officially premiered on December 19th on FlexTV, the world-leading short drama streaming platform operated by Mega Matrix Inc. (NYSE American: MPU). The series delves into the intricacies of power struggles within the White family, chronicling the protagonist’s journey of rebirth and empowerment to rewrite her destiny.

Audrey White, the legitimate daughter of the White family, was sent abroad at a young age due to family circumstances, gradually estranging her from her kin. When she finally returns home, eager to reunite with her family, she unexpectedly becomes the target of jealousy from Ruby White, the family’s adopted daughter. Harboring deep resentment, Ruby orchestrates a kidnapping plot, culminating in a devastating fire designed to test the loyalty and affection of the White family.

Left to perish in the flames, Audrey is abandoned by her family but heroically rescued by her uncle. Miraculously, she is granted a second chance at life, returning three years prior with the power to alter her fate. Determined to expose Ruby’s schemes, rebuild her family bonds, and claim her rightful respect and happiness, Audrey embarks on a journey of resilience and redemption.

FlexTV, operated by MPU, is a global leader in short drama streaming, delivering content in over 100 countries in multiple languages, including English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. Known for its premium-quality dramas and unparalleled user experience, FlexTV has captured the hearts of audiences worldwide. The English version of Getting Even: The Secret Prodigy’s Playbook, now streaming on FlexTV, offers a compelling exploration of familial power dynamics, the complexities of human nature, and the protagonist’s growth and self-redemption in adversity. For more exciting content, please visit https://www.flextv.cc/.

#WealthyFamily #Revenge #Rebirth #ShortDrama #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

View original content to download multimedia:https://www.prnewswire.com/news-releases/mega-matrix-announced-that-the-english-version-of-getting-even-the-secret-prodigys-playbook-now-streaming-on-flextv-302339090.html

SOURCE Mega Matrix Corp.

Continue Reading

Trending