Data Intelligence Technology Key to Data Democratization
Information Services Group (ISG) has released a new research report, the ISG Buyers Guide™ for Data Intelligence, highlighting the growing importance of data intelligence solutions in enterprise data democratization. Key findings include:
- By 2027, 75% of enterprises are expected to engage in data intelligence initiatives.
- 60% of enterprises are forecasted to adopt technologies for delivering data as a product within the next three years.
- Data intelligence combines functionalities like data integration, cataloging, quality, lineage, metadata management, and master data management.
- Self-service access to trusted data is important for effective business decision-making.
The report evaluates 43 software providers across six platform categories, with IBM, Informatica, and Oracle assessed in all categories. ISG emphasizes the importance of data intelligence in gaining competitive advantage and improving organizational efficiency.
Information Services Group (ISG) ha pubblicato un nuovo rapporto di ricerca, la Guida per Acquirenti ISG™ per l'Intelligenza dei Dati, evidenziando l'importanza crescente delle soluzioni di intelligenza dei dati nella democratizzazione dei dati aziendali. I principali risultati includono:
- Entro il 2027, si prevede che il 75% delle imprese si impegni in iniziative di intelligenza dei dati.
- Si prevede che il 60% delle imprese adotterà tecnologie per fornire i dati come prodotto nei prossimi tre anni.
- L'intelligenza dei dati combina funzionalità come integrazione dei dati, catalogazione, qualità, tracciabilità, gestione dei metadati e gestione dei dati principali.
- L'accesso self-service a dati affidabili è fondamentale per un efficace processo decisionale aziendale.
Il rapporto valuta 43 fornitori di software in sei categorie di piattaforma, con IBM, Informatica e Oracle valutati in tutte le categorie. ISG sottolinea l'importanza dell'intelligenza dei dati per ottenere un vantaggio competitivo e migliorare l'efficienza organizzativa.
Information Services Group (ISG) ha publicado un nuevo informe de investigación, la Guía de Compradores de ISG™ para la Inteligencia de Datos, destacando la creciente importancia de las soluciones de inteligencia de datos en la democratización de datos empresariales. Los hallazgos clave incluyen:
- Para 2027, se espera que el 75% de las empresas participen en iniciativas de inteligencia de datos.
- Se prevé que el 60% de las empresas adopte tecnologías para entregar datos como un producto en los próximos tres años.
- La inteligencia de datos combina funcionalidades como integración de datos, catalogación, calidad, linaje, gestión de metadatos y gestión de datos maestros.
- El acceso de autoservicio a datos confiables es importante para una toma de decisiones empresariales efectiva.
El informe evalúa a 43 proveedores de software en seis categorías de plataformas, siendo IBM, Informatica y Oracle evaluados en todas las categorías. ISG enfatiza la importancia de la inteligencia de datos para obtener ventaja competitiva y mejorar la eficiencia organizativa.
정보 서비스 그룹(ISG)은 데이터 민주화에서 데이터 인텔리전스 솔루션의 중요성이 증가하고 있음을 강조하는 데이터 인텔리전스에 대한 ISG 구매자 가이드를 새로운 연구 보고서로 발표했습니다. 주요 발견은 다음과 같습니다:
- 2027년까지 75%의 기업이 데이터 인텔리전스 이니셔티브에 참여할 것으로 예상됩니다.
- 향후 3년 내에 60%의 기업이 데이터 제품 제공을 위한 기술을 채택할 것으로 예측됩니다.
- 데이터 인텔리전스는 데이터 통합, 카탈로그 작성, 품질, 라인리지, 메타데이터 관리 및 마스터 데이터 관리와 같은 기능을 결합합니다.
- 신뢰할 수 있는 데이터에 대한 셀프 서비스 접근은 효과적인 비즈니스 의사결정을 위해 중요합니다.
이 보고서는 IBM, 인포매티카 및 오라클이 모든 범주에서 평가된 6개 플랫폼 범주에서 43개의 소프트웨어 공급자를 평가합니다. ISG는 경쟁 우위 확보와 조직 효율성 향상에서 데이터 인텔리전스의 중요성을 강조합니다.
Le Information Services Group (ISG) a publié un nouveau rapport de recherche, le Guide d'Achat ISG™ pour l'Intelligence des Données, soulignant l'importance croissante des solutions d'intelligence des données dans la démocratisation des données au sein des entreprises. Les résultats clés incluent:
- D'ici 2027, on s'attend à ce que 75 % des entreprises participent à des initiatives d'intelligence des données.
- 60 % des entreprises devraient adopter des technologies pour livrer des données en tant que produit au cours des trois prochaines années.
- L'intelligence des données combine des fonctionnalités telles que l'intégration des données, la catalogage, la qualité, la traçabilité, la gestion des métadonnées et la gestion des données maîtresses.
- L'accès en libre-service à des données fiables est important pour une prise de décision efficace au sein des entreprises.
Le rapport évalue 43 fournisseurs de logiciels à travers six catégories de plateformes, IBM, Informatica et Oracle étant évalués dans toutes les catégories. ISG souligne l'importance de l'intelligence des données pour obtenir un avantage concurrentiel et améliorer l'efficacité organisationnelle.
Die Information Services Group (ISG) hat einen neuen Forschungsbericht veröffentlicht, den ISG Buyers Guide™ für Datenintelligenz, der die wachsende Bedeutung von Datenintelligenzlösungen in der Daten-Demokratisierung von Unternehmen hervorhebt. Wichtige Ergebnisse sind:
- Bis 2027 wird erwartet, dass 75% der Unternehmen an Datenintelligenzinitiativen teilnehmen.
- 60% der Unternehmen wird prognostiziert, dass sie innerhalb der nächsten drei Jahre Technologien zur Bereitstellung von Daten als Produkt annehmen.
- Datenintelligenz kombiniert Funktionen wie Datenintegration, Katalogisierung, Qualität, Herkunft, Metadata-Management und Master Data Management.
- Ein selbstbedienbarer Zugriff auf vertrauenswürdige Daten ist wichtig für fundierte Geschäftsentscheidungen.
Der Bericht bewertet 43 Softwareanbieter in sechs Plattformkategorien, wobei IBM, Informatica und Oracle in allen Kategorien bewertet werden. ISG hebt die Bedeutung von Datenintelligenz für den Wettbewerbsvorteil und die Verbesserung der organisatorischen Effizienz hervor.
- ISG forecasts 75% of enterprises will have data intelligence initiatives by 2027, indicating strong market growth
- 60% of enterprises expected to adopt technologies for delivering data as a product in the next three years
- ISG evaluated 43 software providers across six platform categories, providing comprehensive market analysis
- None.
Insights
The shift towards data intelligence initiatives marks a significant trend in enterprise data management. By 2027, 75% of enterprises are expected to engage in such initiatives, highlighting the growing importance of data democratization and self-service access. This move can potentially streamline decision-making processes and enhance operational efficiency across organizations.
The concept of data as a product, with
However, the emphasis on data quality, lineage and contextual understanding alongside democratization is crucial. It suggests a maturing approach to data management that balances accessibility with reliability and compliance. For investors, this trend could indicate growing market opportunities in data intelligence solutions and related services.
The ISG Buyers Guide's evaluation of 43 providers across six platform categories offers valuable insights into the competitive landscape of the data intelligence market. The identification of top providers like Informatica, IBM and Oracle across multiple categories suggests a consolidation of expertise among established players.
This comprehensive assessment covering Application Integration, Data Governance, Data Integration, Data Intelligence, Master Data Management and Data Quality provides a holistic view of the market. For investors, understanding the leaders in each category can inform strategic investment decisions in the data management sector.
The recognition of only three providers (IBM, Informatica and Oracle) across all six categories indicates a potential market advantage for these companies, possibly translating to stronger market positions and revenue streams. However, the presence of numerous specialized providers in specific categories also suggests a dynamic and competitive market landscape with opportunities for niche players and innovators.
ISG forecasts
The ISG Buyers Guide™ for Data Intelligence, produced by ISG Software Research (formerly Ventana Research), says that by 2027, three-quarters of enterprises will be engaged in data intelligence initiatives to facilitate and understand data production and consumption across their organizations.
ISG defines data intelligence as a layer in the stack above data platforms that combines related functionality, including data and application integration, data catalog, data quality, data lineage, metadata management and master data management. It also includes AnalyticOps, used to deliver agile and collaborative analytics that enable self-service access to data, aided by guided discovery and natural language search.
“Self-service access to data is only truly valuable if users can trust the data,” said Matt Aslett, director of Research, Analytics and Data, for ISG Software Research. “Enterprises need to ensure that business users and data analysts can find the data they need, understand what it means and trust that it is valid, current and can be relied upon in business decision-making.”
Removing barriers that prevent or delay users from gaining access to data enables it to be treated as a product—internally by employees or externally by partners and customers, the report says. ISG forecasts that six in 10 enterprises will adopt technologies in the next three years to deliver data as a product. This will require companies to adapt their cultural and organizational approaches to data ownership through the concept of data mesh, which dictates that those who generate the data own the data and are responsible for making it available.
“While data democratization facilitates access to data, it is not a free-for-all,” Aslett notes. “In addition to core data and data catalog functionality, it requires data lineage and data quality capabilities as well as contextual understanding of the data, such as its criticality and whether it is subject to regulatory requirements.”
For its 2024 Buyers Guides for Data Intelligence, ISG evaluated software providers across six platform categories—Application Integration, Data Governance, Data Integration, Data Intelligence, Master Data Management and Data Quality—and produced a separate Buyers Guide for each.
A total of 43 providers were assessed in their respective categories: Actian, Alation, Alibaba Cloud, Alteryx, Ataccama, Atlan, AWS, Boomi, Celigo, Cleo, Cloud Software Group, Collibra, Confluent, Databricks, Denodo, Experian, Fivetran, Frends, Google Cloud, Hitachi Vantara, Huawei Cloud, IBM, informatica, Jitterbit, Matillion, Melissa Data, Microsoft, Oracle, Precisely, Qlik, Quest Software, Reltio, Rocket Software, Salesforce, SAP, SAS Institute, SnapLogic, Solace, Stibo Systems, Syndigo, Syniti, Tray.ai and Workato.
Among these, only IBM, Informatica and Oracle were assessed in all six categories.
ISG Software Research designates the top three software providers as Leaders in each category. For the 2024 study, the leading providers in ranked order are:
Application Integration: Oracle, SAP and Informatica
Data Governance: Informatica, IBM and Microsoft
Data Integration: Informatica, Microsoft and Oracle
Data Intelligence: Informatica, IBM and SAP
Data Quality: Informatica, IBM and Oracle
Master Data Management: Informatica, IBM and Oracle
“The way for any organization, anywhere to gain competitive advantage and improve efficiency is to improve its ability to make fast, impactful decisions driven mainly by the data it cultivates,” said Mark Smith, partner of Software Research at ISG. “Ironically, too many organizations lack the knowledge or skill to determine how best to leverage their own data in their decision-making processes.”
ISG Buyers Guides™ are the distillation of more than a year of market and product research efforts. The research is not sponsored nor influenced by software providers and is conducted solely to help enterprises optimize their business and IT software investments.
Visit this webpage to learn more about the ISG Buyers Guides™ for Data Intelligence and read executive summaries of each of the six reports. The complete reports, including provider rankings across seven product and customer experience dimensions and detailed research findings on each provider, are available by contacting ISG Software Research.
About ISG Software Research
ISG Software Research, previously Ventana Research, provides authoritative market research and coverage of the business and IT software industry. It distributes research and insights daily through its user community, and provides a portfolio of consulting, advisory, research and education services for enterprises, software and service providers, and investment firms. Its on-demand service provides structured education and advisory support through subject-matter experts. ISG Buyers Guides support the RFI/RFP process and help enterprises evaluate and select software providers through tailored assessment services and the ISG Software Research Value Index methodology. Visit www.ventanaresearch.com for more information and to sign up for free community membership.
About ISG
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 900 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including AI and automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in
View source version on businesswire.com: https://www.businesswire.com/news/home/20240924900223/en/
Press Contacts:
Will Thoretz, ISG
+1 203 517 3119
will.thoretz@isg-one.com
Julianna Sheridan, Matter Communications for ISG
+1 978-518-4520
isg@matternow.com
Source: Information Services Group, Inc.
FAQ
What percentage of enterprises will have data intelligence initiatives by 2027 according to ISG?
How many software providers did ISG evaluate for the Data Intelligence Buyers Guide?
What is ISG's stock symbol mentioned in the press release?
What percentage of enterprises are expected to adopt technologies for delivering data as a product in the next three years?
