San Jose, California (PRWEB) June 21, 2013

Follow us on LinkedIn In this knowledge driven era where information is the engine that drives enterprises worldwide, management of information is gaining utmost importance. Digital information today accounts for over 50% of the aggregate commercial value of a business establishment and is a vital component of a companys intellectual property assets. Therefore efficient and effective information management is absolutely crucial in deducing actionable intelligence. The need to analyze growing volumes of data archived and stored in multiple formats and disparate platforms has traditionally been the driving force for the growth of the data warehousing software market.

The concept of data warehousing has today evolved from its traditional confines of being a simple, central repository of corporate data towards being a vital platform for storing, and reporting of information for supporting predictive analysis and business intelligence. The evolution is reflective of the growing shift in preference from data capture and storage to information that can facilitate informed and quick decision making. The growing importance of data warehousing solutions is reflected in the rise in the number of Business Intelligence environments integrated with data warehouses (DW), and data marts (DM). Key business drivers influencing the adoption of data warehousing technologies include intensifying competition, increasingly shorter product lifecycles, need for optimization of available data resources and growing awareness of the hidden value trapped in corporate data.

The growing significance of Business Intelligence (BI) and its widespread application is expected to benefit the market for data warehousing solutions, given its critical role as a vehicle for delivering business intelligence. As vital tools for transforming data into information and for deriving knowledge, BI is increasingly finding use across a wide variety of industries, particularly where customers form the core of future strategic initiatives. The data warehouse platform comprising of data warehouse database management software and data integration tools is the vital backbone that supports business intelligence and decision support systems. The need to integrate BI with other enterprise applications through real-time data warehousing provides ample opportunities for on-demand data warehousing solutions.

With digital data generated by enterprises growing by the day, next generation data warehouse platforms are witnessing increased adoption and growth. Data warehouse appliances, software appliances and data warehousing solutions based on columnar databases are few of the new generation data warehouse solutions making headway in the market. Data warehouse vendors are focusing on packing more features into their solutions especially into the database to enable handling of larger volumes of data. Few of the advanced features being offered include support modules to enable real-time integration between the data warehouse platform and other operational enterprise applications, integration of advanced analytics, scalable architectures, virtualization features, service-oriented architecture (SOA) and reusable interfaces, and feature improvements to address administrative issues, among others. New generation platforms are based on massively parallel processing (MPP) architecture as against the conventional symmetrical multi-processing (SMP) architecture and also feature hardware upgrades (i.e. server configurations from 32-bit to 64-bit computing).

As stated by the new market research report on Data Warehouse Management Software, the United States represents the largest market worldwide. Asia-Pacific is forecast to emerge as the fastest growing regional market with a projected CAGR of 14.2% over the analysis period. Data Warehouse Database Management Software represents the largest segment in the total market.

Major players covered in the report include Astera Software, EMC Corporation, Heron InterAct, Hewlett-Packard, Vertica Systems, HiT Software Inc., IBM Corporation, Informatica Corporation, Microsoft Corporation, Oracle Corporation, SAP AG, Sybase, Inc., Software AG, SAS Institute Inc., Sensage, Inc., and Teradata Corporation, among others.

The research report titled Data Warehouse Management Software: A Global Strategic Business Report, announced by Global Industry Analysts, Inc., provides a comprehensive review of market trends, issues, drivers, company profiles, mergers, acquisitions and other strategic industry activities. The report provides market estimates and projections in US$ for all major geographic markets including the United States, Canada, Japan, Europe (France, Germany, Italy, UK, Spain, Russia and Rest of Europe), Asia-Pacific (Australia, China, India, South Korea, and Rest of Asia-Pacific), Latin America and Rest of World. Product markets analyzed include Data Warehouse Database Management Software and Data Warehouse Integration Software.

For more details about this comprehensive market research report, please visit

http://www.strategyr.com/Data_Warehouse_Management_Software_Market_Report.asp

About Global Industry Analysts, Inc.

Global Industry Analysts, Inc., (GIA) is a leading publisher of off-the-shelf market research. Founded in 1987, the company currently employs over 800 people worldwide. Annually, GIA publishes more than 1300 full-scale research reports and analyzes 40,000+ market and technology trends while monitoring more than 126,000 Companies worldwide. Serving over 9500 clients in 27 countries, GIA is recognized today, as one of the world’s largest and reputed market research firms.

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Global Industry Analysts, Inc.

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