Share. Four Major Data Management Trends for 2022 Daniel Buchuk Buzzword or Breakthrough? More and more, organizations are shifting to scalable Data Management platforms (in the cloud) to govern, secure, and analyze data. The Global Master Data Management (MDM) market is anticipated to rise at a considerable rate during the forecast period, between 2022 and 2029. This shortage is contributing to advances in data management software that take advantage of emerging trends in artificial intelligence (AI) and automation. C-suite executives, HR leaders, and employees representing 16 geographies and 13 industries told us what's keeping them up at night and what they hope the future holds. Leaders will be marked by speed to implement, ease of use, and adoption by a broad set of data personas, intelligence, openness, and interoperability. In 2022, AI technologies will reach new levels of success through human augmentation: assisting and enhancing people to think critically and make data-driven decisions. Based on their responses, there are five data management trends Im watching in 2022: The survey found 82% of organizations are currently using multiple clouds or plan to within the next 12 months. Data Management trends include using automation to increase efficiency and take over mundane tasks. We've been watching these particular data trends since before the pandemic and seen them gain steam across sectors in the post-pandemic world. So what does 2022 hold in store? Increasing responsibility for the environment and society. The global enterprise data management market size was valued at USD 82.25 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 14.0% from 2022 to 2030. The company defines modern hybrid data management platforms as those that ensure complete accessibility, irrespective of source or format, support various deployment options, eliminate restrictions, and democratize access to data and embrace the power of intelligent analytics with embedded machine learning.. Cookies SettingsTerms of Service Privacy Policy CA: Do Not Sell My Personal Information, We use technologies such as cookies to understand how you use our site and to provide a better user experience. Some current trends are clearly linked to changes in corporate work structures following the 2020 pandemic response, including an abrupt shift to remote setups. As a result, IT leaders realize that extracting value from data across clouds and on-premises environments is a formidable challenge. What are some of the data management trends we can expect to come to the fore in 2022? Do you agree that the above will be among the data management trends for 2022? It also improves productivity for all data users, including developers, architects, application administrators, data stewards, financial analysts and front-line workers. More than 1.7M users gain insight and guidance from Datamation every year. If youve been following our web show and podcast. Where the late 10s focused a lot on modern business intelligence, data science, and a continued shift to the cloud, the 20s have been about managing and transforming the underlying data. There was a day where you could analyze your stored procedures and your Informatica or Microsoft ETL configurations to get a lot of visibility. Database Management trends in 2022 include: Cloud-based DBMS Automation and DBMS Augmented DBMS Increased security In-memory databases Graph databases Open source DBMSs Databases-as-a-service Software designed to improve an organizations data fabric will manage data disparities in both cloud environments and on premises. They should be shareable across different business use cases, including data imports, to ensure process uniformity. Trend 1 - Data Fabric: flexibility & agility . TDM Trends for 2022 To stay ahead of the TDM game, here are five test data management trends and one novel TDM approach to consider. Data in the hands of people is transformational. And between what theyve shared and our own thoughts, here are the biggest trends: , SaaS, and the modern data stack expand their dominance, the data landscape is getting. LET ME LOOK THAT UP. The Era of Big Data Centralization and Consolidation is Over. Through the journey, occupancy management helped drive business continuity and minimize operational risk, partnering with the C-suite, human resources, business units, information technology teams and other stakeholders. And see Lightdash for an example of simpler, dbt-friendly, code-defined dashboards. 3 Approaches for Migration, Drive Collaboration and Better Engage Students with the Informatica Intelligent Data Management Cloud for Higher Education, Figure 1: More data in more clouds increases fragmentation and complexity, Figure 2: Example of multicloud and intercloud data management, Figure 3: AI for data management increases productivity and agility, Figure 4: Examples of AI for data management automation, Figure 5: Data fabric architectures help optimize data management, Figure 6: Key components of a data fabric, Figure 7: Master data management is the top budget priority at optimized data organizations, Figure 8: Connecting multiple domains of master data into a 360-degree view of the customer, Figure 9: Optimized data organizations are highly focused on enabling access and use of data, Figure 10: Simplifying business self-service with a data marketplace, IDC Global Chief Data Officer (CDO) Engagement Survey 2021, Trend #1: Multicloud and intercloud data management, Trend #2: AI for data management automation, Trend #4: Multidomain master data management, AI for decision making and in business processes, What is iPaaS? Data fabric is a fairly new concept, and embraces the idea that data from many sources can be woven together. Managing this precious asset is an essential competency in modern businesses of every sort. The following are a few top data analytics trends that can help businesses deal with many changes and uncertainties in 2022 and beyond: Smarter and Scalable Artificial Intelligence. Key Enterprise Data Management Trends 2022. YES I THINK? Learn the many facets of Metadata Management necessary to develop a comprehensive program with our online courses. , a global analytics and activation platform, said that while it is seemingly within the reach of any company to collect data, it is still necessary for data to be structured, qualitative, secure, and easily accessible internally to drive revenue and growth., Data Management Use Cases at Nasdaq, Bausch & Lomb, Dallant, Financial Fabric, and Arabesque, Pushing Analytics Upstream: The Value of Processing Data at the Edge, 5 Top Firewall-as-a-Service (FWaaS) Trendsin 2022. Making the most of IoT, AI, and connected devices. Gartner has predicted that augmented Data Management can reduce manual tasks by 45%. But with 90% of the worlds data becoming unstructured and with the rise of machine learning, which relies on unstructured data, data scientists should broaden their skills to incorporate unstructured data analytics. If the last two years are any indicator, maybe well end up calling this the decade of data, with next gen. , and more making big news and bringing in big funds. Considering the exponential growth of data volumes and a shrinking pool of data science talent, the importance of this improvement would be hard to overstate. Below are a few trends that will be at the fore of data management in 2022. However, recent studies found that around 90% of the world's data is unstructured. Whether you use dbt or a headless BI platform, this trend leads to downstream data applications that can be rapidly deployed and are much more nimble, lightweight, and actionable. As-code tools provide versioning, testability, a declarative approach, and more. Data is at the heart of every process and must be governed according to numerous compliance requirements. Big data is almost too big and is creating data swamps that are hard to leverage. For example, private cloud storage is a must when it comes to safeguarding proprietary data assets, but some data can safely be stored and accessed from more affordable public cloud networks. It raises the question of how to ensure data security, as well as how to guarantee data quality. The goal when using data fabrics is to offer frictionless access and the sharing of data within a distributed network. This has led to a need for new tools and techniques to manage this data effectively. Search and overview. There is a shortage of data scientists and data tech workers. Managing end-to-end digital experiences requires consistent master data across the applications used in digital processes. Based on the Innovation Map, the Tree Map below illustrates the impact of the Top 8 Water Management Trends. Wed be thrilled to hear from you. And virtually every company and service will incorporate one knowledge graph or many. Do you agree that the above will be among the data management trends for 2022? Datamation is the leading industry resource for B2B data professionals and technology buyers. Join our honest, no BS conversations about enterprise data management with data leaders and practitioners by subscribing to our podcast Catalog and Cocktails. It is used to help businesses become competitive and successful. . In a word, diversification. Did you find this article helpful? The unprecedented volume of data enterprises are faced with managing is colliding with an ongoing staffing shortage across the tech industry as a whole and especially in relation to data-focused roles. Figure 2 shows how Informatica can help you address fragmentation and complexity with our multicloud and intercloud data management capabilities. Expect a focus on hybrid cloud, solid-state storage, DCIM and sustainability measures. Supply Chain Optimization: How to Ensure End-to-End Efficiency. In 2020, the U.S. faced a shortage of more than 250,000 data scientists and data engineers, according to QuantHub. The State of Technology in Real-World Data in 2022 - A Panel Discussion; The State of Database Performance: Top Trends and Strategies; Your Complete Guide to Dataware; How to optimize the workforce through third-party data; How Customer Data Management Delivers Value and Delightful Customer Experience What are a few data management trends we can expect in 2022? So, instead of big data, a new trend will be the development of so-called right data analytics. It provides a range of benefits, including regulatory compliance and high Data Quality. Background photo created by jcstudio - www.freepik.com. Cloud analytics, rather than on-premises analytics, provides several advantages. Public clouds are cost-effective but do not provide high security whereas a private cloud is secure but more expensive. September 14 November 17, Vice President of Product and Solution Marketing. Markets and Markets predicts that the graph database market will reach $2.4 billion by 2023 from $821.8 million in 2018. If youve been following our web show and podcast, Catalog & Cocktails, were talking to leaders in the data and analytics space. Access and load data quickly to your cloud data warehouse Snowflake, Redshift, Synapse, Databricks, BigQuery to accelerate your analytics. It also provides comprehensive insights that will boost corporate performance to the next level, and beyond., Image used under license from Shutterstock.com, 2011 2022 Dataversity Digital LLC | All Rights Reserved. Top Data Management Trends in 2022 1. Do you still have questions? In this article, Kumar Goswami, CEO and co-founder, Komprise, discusses a few data management trends that will come to the fore in the coming year. The global battery management system market is expected to reach USD 5. All Rights Reserved 5 Ways to Optimize Financial Visibility and Grow Profitability. Significant time savings can be realized with this tech, especially the time required to manually move and copy data between applications. Predictive Analytics. But now, with Python scripts, Dagster pipelines, dbt, microservices, streaming, data lakes, data lake houses visibility has become scattered and difficult to piece together. 10. Our two micro-trends, which have developed in response to our three broader trends, are an increase in cloud software usage and an increase in mental health support. As we look to 2022, businesses will embrace and prioritize the core foundations of data integrity in order to feel more confident when making data-driven decision-making. Data fabric is still a vision. The unprecedented volumes of data that organizations must process on a daily basis cannot be managed by humans in an efficient manner, particularly when there is an ongoing shortage across the entire data tech industry. The top five content management trends of 2022 focus on flexibility and efficiency, as organizations face challenges related to omnichannel innovation and remote work strategies. Data Trends and Insights; Data Management Following the best practices for data management will allow your organization to achieve comprehensive data governance and establish a single source of truth Featured Data Management Articles. "The importance of centralized or consolidated data storage will also come to the forefront in 2022. By Nahla Davies, KDnuggets on January 26, 2022 in Data Science. This includes data integration, data quality and governance, location intelligence, and data enrichment. Instead of separating different teams, DataOps breaks down barriers and promotes communication throughout the company. More services from a single . For example, being able to run a data integration service on Amazon Web Services (AWS), Microsoft Azure and Google Cloud Platform. Conclusion New trends for data analytics are on the rise and will keep on rising in 2022 and beyond. Humanizing change. Data fabric is a newer term that encompasses the idea that disparate data is woven together from many origins. What use is data in its raw, unstructured, and complex format if you don't . However, data scientists are calling for a growing need to teach the data management community about what they are and how they work, so that more companies are keen . Figure 10 shows how Informatica can simplify finding, understanding and consuming data for business users with our cloud data marketplace. As organizations create content for a growing set of . and observability solutions, will continue to grow in popularity. It may sound like a buzz phrase, but hybrid teams are here to stayand the data from our Global Trends in Project Management 2022 report illustrates this shift in the global workforce. Enterprises need to rapidly parse through data much of it unstructured to find the information that will drive business decisions. Growth in cloud infrastructure services during 2020 and 2021 has been significant, with many organizations choosing to work in multiple cloud environments. What's Ahead in Data Management in 2022? Top 5 Reasons To Migrate Databases to the Cloud, What Is Data Mining? Optimize Data Sharing to Drive Better Business Outcomes. We asked 2,396 users, consultants and vendors for their views on the most important BI, analytics and data management trends, delivering an up-to-date perspective on regional, company and industry-specific differences and providing comprehensive insights on the BI, analytics and data management market. By Alan R. Earls Published: 23 Feb 2022 2022 is shaping up to include familiar, predictable advancements but with a few surprises. Distributed database management platforms are multiple, interrelated databases that are distributed over a network. 4# Analytics for Augmented Data. Enterprises are responsible for managing more data than ever before companies across every sector that work within a solid data management framework have distinct advantages over competitors. See Eppo for data experimentation. As organizations put more data in more clouds, they need a way to connect the siloed data sources and make data more accessible across the organization.
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