Database Market Growing, Says IDC
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Written by: jacomusberesford
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Date: Sun, 20 Nov 2011 |
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According to IDC, a premier global market intelligence firm, the database market will perform well in 2011 as several key sectors increase their infrastructures and change their way of storing information. Most of the projections are for relational database management systems (RDBMS), which will see a 6.5% growth for the year, matching last year's relatively fast growth.
The data for this comes from 13 nations worldwide. Most of the growth will continue to be propelled by companies moving from older database forms to newer, more robust (and often cloud-based) formats. Key sectors in these upgrades are banking and finance, software as a service (SaaS), and the government/public sector.
This growth is expected to be world wide as Asian, South American, and North American companies see new and upgraded changes and improvements to their networks.
"2010 was something of a bounce-back year for RDBMS, in the first half for large accounts and in the second half for smaller accounts. RDBMS remains on a strong growth trend, driven by technology diversification and increased adoption of hardware-software appliance-like configurations," said Carl Olofson, IDC research vice president, database management and data integration software. "Additionally, increased attention to data governance, the larger issue of enterprise information management, and the coordination of an increasing number of databases is helping drive growth in the data integration and access software market."
=== It's all about data.
What people in the database industry have known for some time, and what most business owners and managers are realizing, is that everything boils down to data: how fast you can retrieve it, how well it's managed, and how well you can relate with it.
The better the data's storage/retrieval and the ability to correlate it in the business, the better that business can compete. It's an old DBA maxim that 'Having a lot of data is one thing; having a lot of USEFUL data is another.'
=== How business keeps up or loses out.
For smaller businesses, having a full-time DBA or IT team is often well out of budget. But these businesses still need the best database they can have and cannot afford to lose any competitive edge because their database is not performing as well as it could be. For them, the answer is outsourcing.
Of course, outsourcing has its own problems, but most business managers agree that if done right, it's an excellent way to gain expertise without over paying for it. Domestic outsourcing is the most common, trusted way to accomplish this.
*Sidebar* We know you're not fans of the "O" word but I'd ask you remember this article is designed to be found in search using the words that people use. - BFM
[About] The DBA Shoppe specializes in remote DBA services for clients with Oracle, DB2 and SQL Server databases. Providing certified Database Administrators for your day to day requirements, the DBA Shoppe saves you time and money. How healthy are your databases? Discover today at http://www.TheDBAShoppe.com
Source: Database Market Growing, Says IDC
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