has experienced an extraordinary growth over the last decade. A recent IDC report indicated that the big data technology and services market will grow 26.4% to $41.5 billion
through 2018 -- about six times the growth rate of the overall information technology market.
These numbers make sense. In today's business climate, data has become the single most valuable asset for many companies. For a firm to remain competitive and satisfy growing demands of customers, it must have a way to access such enormous amounts of data, as well as the means of leveraging that to significant effect. Therefore, one of the most important concern companies must address is data integration. Read on for some background and best practices…
A shifting global landscape
Data integration is much more prominent now than in years past. This may be because the global economy has been on the rise overall, which has had a significant impact on the business world. More importantly, most organizations are in a constant state of flux and development, whereas in the past, firms were essentially stable entities.
Without effective data integration tools and strategies
, firms simply cannot utilize their information stores effectively. This significantly undermines the organization's overall ability to achieve its goals. The changing nature of businesses today puts even more pressure on firms to achieve successful data integration.
Making the most out of limited resources
Bigger seems to be no longer best for most firms. Instead, those companies that act intelligently -- to make the most out of limited resources -- will be the biggest success narratives in the coming future. Data integration plays a crucial role in this development. Efficiently integrating data into and throughout the enterprise can help companies become well learned, thereby allowing them to compete more productively as their operations and products continue to grow in size. The question that corporations must ask themselves is how to best accomplish data integration.
This isn't easy and nothing that can be brushed aside. On the contrary, acquiring and disposing of the right tools and practices will have an enormous influence on a firm's overall ability to integrate, and hence leverage, its data resources. To absolutely achieve efficient data integration, companies must make this a priority and focus on it more. Moreover, they must pursue a holistic approach that includes a variety of tools and strategies.
The benefits of data replication & change data capture
So, how can companies pursue this holistic approach? Ultimately, they should strongly consider investing in a superior data replication solution to ensure that data can be stored, copied, and scattered easily and quickly. Data replication ensures that a given information set created by one individual or branch within an organization can be accessed by other workers, thereby helping to achieve collaboration and consistency among the firm's data.
Similarly, change data capture (CDC) tools are crucial for ensuring that whenever a change is done to a database at one location. This change is immediately noticeable to any authorized users throughout the organization. Firms relying on such out-of-date software will experience inefficiencies, chokepoints, and data unavailability. To accomplish data integration while handling big data
, companies must invest in high-level and dedicated solutions. Replication of data and change data capture are two of the most potent options available in this respect.
These and other tools play an important role integrating data throughout organizations, thereby assisting businesses to fight in an increasingly complex, challenging business scenes. This is particularly true with the growth of big data sets. The utter size of big data sets is extraordinary for many legacy data movement and integration solutions, helping businesses to reach their goals for the foreseeable future. In the end, data integration makes this data-centric world go round.