Artificial Intelligence
Master Data Management Market (Size, Volume, Share & Trends) — Report Comparison by Rating, ToC, Page Count, and Price only at Douglas Insights
Isle Of Man, Aug. 31, 2022 (GLOBE NEWSWIRE) — Douglas Insights has expanded its comparison engine with Master Data Management Market research reports, allowing market researchers, analysts, industry experts, and businesses to identify market trends and drivers of growth and limitations, obstacles, and predictions. Douglas Insights is the world’s first comparison engine for market research reports. With access to the most comprehensive range of private and public market reports, the digital tool lets researchers compare various reports by Publisher Rating, Table of Contents, Date of Publication, and Price.
Master Data Management is a technology-enabled discipline that creates uniform and consistent master data sets across businesses. These solutions provide a single and trusted view of data across enterprises, enabling them to access better business insights via self-service analytics.
This 360-degree view of data provides instant access to confidential and critical business information regarding suppliers, customers, financial transactions, and much more. Master Data Management also enables businesses to conveniently access large data sets to boost personal and enhance customer service. The Master Data Management market is expected to grow at a CAGR of 15.7% between 2022 and 2027, owing to an increased demand for data management tools.
The COVID-19 pandemic had a negative impact on the IT industry, due to which the supply of hardware and software components was drastically affected. Hence, the Master Data Management Market experienced a slowdown in growth during this period. However, the increased adoption rate of data management solutions has helped this market recover, thus allowing it to flourish in the upcoming years.
Report Metrics | Details |
Market size available for years | 2019-2028 |
Market Value in 2021 | USD 14.5 billion |
CAGR | ~16 % |
Forecast units | USD Bn |
Base Year | 2021 |
Past data | 2016 – 2021 |
Forecast period | 2022 – 2028 |
Regions covered | Germany, UK, France, Italy, Spain, Russia, U.S., Canada, Mexico, Brazil, Argentina, China, Japan, India, South Korea, Israel, GCC countries, South Africa, Turkey, etc. |
Companies covered | EnterWorks, Informatica, IBM Corporation, Oracle Corporation, Reltio, Profisee Group, Riversand, SAS Institute, SAP SE, Semarchy, SyncForce, Stibo Systems, Talend, TIBCO Software and Teradata. |
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A Master Data Management solution allows government and corporate enterprises to trace information flow and record data transformation. Moreover, it also enables the automatic updating of redundant data and records, allowing for efficient storage, maintenance, and retrieval of reliable data records. One of the key growth drivers in the Master Data Management market is the increasing demand among businesses for data consolidation, which is increasing the demand for Master Data Management solutions.
As companies expand globally, their customer base grows, and so does customer data. Hence, the need to store large volumes of data in a single location to improve operational excellence and business efficiency is also fueling the Master Data Management market.
Furthermore, the incorporation of advanced technologies such as cloud computing, big data, machine learning, and artificial intelligence are also collectively propelling the demand for Master Data Management solutions. Additionally, as customers increasingly demand the integration of Master Data Management solutions with advanced technologies like big data and artificial intelligence, there will be an increase in new business opportunities in the upcoming years. Master Data Management solutions are used across several industries, including healthcare, media, retail, manufacturing, IT, BFSI, and others.
Major countries covered in the Master Data Management Market report include Germany, UK, France, Italy, Spain, Russia, U.S., Canada, Mexico, Brazil, Argentina, China, Japan, India, South Korea, Israel, GCC countries, South Africa, Turkey, etc.
Some of the key players in the Master Data Management market include Riversand Technologies, Teradata Corporation, IBM Corporation, Tibco Software, SAP, Broadcom, Ataccama, Stibo Systems, SAS Institute Inc., Oracle, Informatica, Talend, Cloudera, AG, Orchestra Networks and SyncForce.
North America is expected to dominate the Master Data Management market with the largest market share in the upcoming years. The significant factors contributing to this growth include the increasing adoption of IT solutions among SMEs and large enterprises. Moreover, the growing number of players in the Master Data Management market is also expected to drive future market growth.
However, one of the major factors hindering the growth of this market includes growing data security concerns among users. Since organizations primarily operate in data-driven business environments, they are more vulnerable to cyber-attacks, data theft, breaches, and phishing attacks. Moreover, since large volumes of sensitive data are stored in disparate systems, there is an increase in security threats to the data.
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Key questions answered in this report
- COVID 19 impact analysis on global Master Data Management industry.
- What are the current market trends and dynamics in the Master Data Management market and valuable opportunities for emerging players?
- What is driving Master Data Management market?
- What are the key challenges to market growth?
- Which segment accounts for the fastest CAGR during the forecast period?
- Which product type segment holds a larger market share and why?
- Are low and middle-income economies investing in the Master Data Management market?
- Key growth pockets on the basis of regions, types, applications, and end-users
- What is the market trend and dynamics in emerging markets such as Asia Pacific, Latin America, and Middle East & Africa?
Unique data points of this report
- Statistics on Master Data Management and spending worldwide
- Recent trends across different regions in terms of adoption of Master Data Management across industries
- Notable developments going on in the industry
- Attractive investment proposition for segments as well as geography
- Comparative scenario for all the segments for years 2018 (actual) and 2031 (forecast)
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Related Market Research Report Comparisons:
Metadata Management Solutions Market – The Metadata Management Solutions Market will grow in the coming years. There is an increasing opportunity in this market – the rapid growth of business data volume. One of the primary factors driving the development of the metadata management tools market is the increasing significance of unified data management.
IoT Data Management Market – IoT data management provides an online data summary, but storage, auditing, and logging are available for offline analysis. Since the market is filled with numerous IoT devices, the need for IoT data management has become mainstream.
Data Visualization Software Market – The growth is due to the increasing need for data visualization across healthcare, manufacturing, and retail industries. Furthermore, the growing use of big data is also contributing to the growth of the data visualization market.
About Douglas Insights-
Douglas Insights UK limited is the first company to provide comparison of market research reports by Table of content, price, ratings and number of pages. We understand the value of time. Productivity and efficiency are possible when you take prompt and assured decisions. With our advanced algorithm, filters, and comparison engine, you can compare your preferred reports simultaneously, based on publisher rating, published date, price, and list of tables. Our data portal enables you to find and review the reports from several publishers. You can evaluate numerous reports on the same screen and select the sample for your best match.
Report Metrics | Details |
Market size available for years | 2019-2028 |
Market Value in 2021 | USD 14.5 billion |
CAGR | ~16 % |
Forecast units | USD Bn |
Base Year | 2021 |
Past data | 2016 – 2021 |
Forecast period | 2022 – 2028 |
Regions covered | Germany, UK, France, Italy, Spain, Russia, U.S., Canada, Mexico, Brazil, Argentina, China, Japan, India, South Korea, Israel, GCC countries, South Africa, Turkey, etc. |
Companies covered | EnterWorks, Informatica, IBM Corporation, Oracle Corporation, Reltio, Profisee Group, Riversand, SAS Institute, SAP SE, Semarchy, SyncForce, Stibo Systems, Talend, TIBCO Software and Teradata. |
Artificial Intelligence
Compact Solutions, Mighty Results: Cervoz Unleashes the Power of Edge Computing
TAIPEI, May 20, 2024 /PRNewswire/ — Cervoz Technology, a leader in industrial-grade storage, memory, and expansion solutions, is powering the evolution of edge computing with its innovative solutions.
In today’s data-rich landscape, businesses rely on insights from IoT devices. With advancements in AI and 5G, data volumes surge, straining traditional cloud computing with bandwidth and latency issues. Edge Computing emerges as a solution, processing data at its source for real-time insights crucial for applications like digital twins, autonomous vehicles, and smart healthcare.
What is Edge Computing?
Edge Computing is a decentralized IT architecture that processes data near its origin, often at the network’s edge. This approach divides tasks from central data centers to edge devices and nodes. It enables faster, deeper insights and enhances responsiveness, improving speed and reducing latency compared to centralized clouds. Typically, an Edge Computing system comprises three layers: device, edge, and cloud.
The Device Layer
The device layer, situated closest to the physical world, comprises endpoint devices such as sensors, controllers, and cameras, among others. The layer prioritizes data collection and initial processing for real-time response and efficiency. It requires highly reliable, compact, and energy-efficient components. Cervoz’s M.2 2230 (A+E key /B+M key) NVMe SSDs and DDR4 SO-DIMM modules optimize this setup with fast data access and efficient storage in space-saving designs. They operate reliably across a wide temperature range (-40°C to 85°C) and feature additional conformal coating and anti-vibration filling for enhanced performance in harsh environments.
The Edge Layer
The edge layer, composed of edge servers and gateways, serves as a crucial link between device-layer data sources and cloud-based operations. It is designed for extensive data handling, filtering, and analytics, emphasizing quick operations and real-time responses to minimize reliance on remote data centers. For optimal performance, components must manage high processing loads with minimal latency and maximum stability. NVMe SSDs boasting PCIe Gen3 or higher, such as the Cervoz NVMe PCIe Gen3x4 SSD, with compact M.2 form factors, advanced DRAM cache buffer, and LDPC ECC technology, are perfectly suited for the edge layer. These SSDs enable efficient directory and error correction during high-speed data transfers, thus enhancing data accuracy and reliability.
The Cloud Layer
The cloud layer requires intensive processing and long-term storage, performing analytics, operating AI and machine learning, and managing extensive data systems across various edge locations. It demands high-performing and reliable components. Cervoz NVMe PCIe Gen4x4 SSDs excel with Read/Write speeds of up to 7,100/6,190 MB/s and 4K random IOPS up to 1,000K, with aluminum heatsinks and thermal throttling for overheating issues. DDR5-5600 DRAM boosts this setup with high data throughput and efficient power use, satisfying rigorous computational needs.
Interlayer Connectivity
Reliable, low-latency network connectivity is crucial as data flows between the device layer, edge, and cloud. Cervoz 10GbE Low-Profile Ethernet Card provides high-speed, stable wired connections in high-bandwidth, low-latency environments. Additionally, the new PCIe Compact Low-Profile Ethernet Card is ideal for narrow edge device enclosures. For areas where wiring is impractical, M.2 Wi-Fi cards offer essential wireless flexibility. These connectivity options ensure a solid foundation for seamless data management across all layers.
Cervoz offers comprehensive solutions to enhance edge computing capabilities. From compact NVMe SSDs and DRAM modules, to advanced modular expansion cards, enabling seamless integration, optimized performance, and unmatched reliability in edge computing deployments.
About Cervoz
Based in Taiwan, Cervoz Technology boasts almost twenty years of expertise in developing and providing industrial-grade storage, memory, and expansion solutions across a myriad of global industrial sectors.
ContactsSales: [email protected]
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Artificial Intelligence
Team Exponentia.ai UK attended the AWS summit in London
Team Exponentia.ai UK celebrates Sanjay Kumar’s insightful session at the AWS summit in London
LONDON, May 20, 2024 /PRNewswire/ — Sanjay Kumar, Head of Exponentia.ai in UK & Europe, delivered an impactful presentation on Driving Manufacturing Innovation through AWS Analytics & AI. The recently concluded AWS Summit took place on the 24th of April in ExCeL, London.
Sanjay shared the stage at Theatre B with Adrian Pinder from DS Smith and Ahmed Raafat from AWS, captivating the audience with insights and experiences from Exponentia.ai’s collaboration with DS Smith.
During the session, Sanjay Kumar highlighted Exponentia.ai’s impressive use cases and case studies, including the Data Factory and Procurement Spend Analytics (PSA) projects undertaken in partnership with DS Smith. These initiatives demonstrated Exponentia.ai’s commitment to leveraging the AWS ecosystem to drive operational efficiency and business growth in the manufacturing sector.
The Exponentia.ai team seized the opportunity to engage with industry peers, partners, and friends, while also exploring the latest innovations showcased at the summit. Their participation in various sessions and visits to innovative booths further enriched their understanding of industry trends and best practices.
Reflecting on the event, Sanjay Kumar expressed his enthusiasm, stating, “The AWS Summit in London provided an excellent platform for us to showcase our expertise in manufacturing analytics and AI. The overwhelming response from attendees reaffirms the value of our solutions in driving innovation and transformation across industries and our commitment to deliver value to our customers through data. We look forward to continuing our collaboration with AWS and our partners to deliver impactful outcomes for our clients.”
The AWS Summit London 2024 marked a significant milestone for Exponentia.ai, reinstating its commitment to excellence and innovation in the field of AI and analytics. As the team eagerly anticipates future events, they remain dedicated to empowering businesses with transformative technology solutions.
For more information about Exponentia.ai and its innovative offerings, please visit www.exponentia.ai.
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Artificial Intelligence
Clarivate Launches AI-Enhanced Solution to Accelerate Trademark Watching
Providing faster and more accurate answers to critical business questions
LONDON, May 20, 2024 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading global provider of transformative intelligence, launched the first publicly available version of Trademark Watch Analyzer today at the 2024 International Trademark Association Annual Meeting. As the next-generation trademark protection solution enhanced by artificial intelligence (AI) and cloud technology, this solution combines Clarivate global trademark and case law data, in-house IP expertise, and cutting-edge AI technology. It will provide faster and more accurate answers to critical business questions by automating key trademark watching tasks and intelligently prioritizing result sets.
Trademark Watch Analyzer connects users to trademark datasets in 258 countries and territories across 191 official trademark registers, as well as data from 7+ million trademark litigation cases. This content is harmonized and connected through AI algorithms which query, connect and mine both datasets delivering advanced insights in supported watch products. This revolutionizes the way trademark watch results are delivered, so that clients can rank results based on their chance of success/opposition.
According to data from SAEGIS®, a CompuMark™ trademark solution from Clarivate, the number of trademark applications filed globally each year has more than doubled since 2014. With over one million new trademarks added to trademark registers around the world each month, the risk of infringement has never been greater, making vigilance of trademark applications essential to protect and grow strong brands.
Gordon Samson, President, Intellectual Property, Clarivate, said: “As the global business landscape grows more complex, trademark professionals are faced with challenges including more data, less context and shorter deadlines. Our advanced AI-driven solution enables clients to confidently monitor their trademarks anywhere in the world, with global monitoring and automated alerts, while also saving time, costs and critical resources. The launch of the Trademark Watch Analyzer is the latest example of our Think forward™ promise — connecting clients to trusted intelligence to ensure an IP-empowered tomorrow.”
With a more intuitive design and user interface, Trademark Watch Analyzer will enable clients to have a much-improved user experience as they work with their results. The navigation will be based on the same architecture as the Brand Landscape Analyzer launched in 2023, providing clients with a more cohesive experience within the Clarivate product suite.
Find out more about Trademark Watch Analyzer here.
About ClarivateClarivate™ is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare. For more information, please visit www.clarivate.com
Media Contact: Jack Wan, External Communications Director [email protected]
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