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The pace of data growth shows no sign of letting up. In 2020, 64.2ZB of data was created or replicated, according to IDC, and, in its 2021 DataSphere and StorageSphere forecasts, the analyst firm projects that global data creation and replication will experience a compound annual growth rate of 23% over the 2020–2025 forecast period.
To better understand current trends in data management as well as digital transformation and cloud adoption and priorities, Unisphere Research, a division of Information Today, Inc., also conducted a survey in partnership with Aerospike (“DBTA Digital Transformation and Cloud Workloads Study,” January 2021). According to the research, nearly three-quarters of respondents’ organizations have digital transformation budgets. For the larger companies in the survey—organizations with 5,000 or more employees—the percentage is even higher, at 94%.
Read the full article here on Database Trends and Applications.
Dremio reimagines the data lake service to deliver faster time to analytics, eliminating the need for expensive proprietary systems. Dremio eliminates the need to copy and move data to proprietary data warehouses or create cubes, aggregation tables and BI extracts, providing flexibility and control for Data Architects, and self-service for data consumers. Founded in 2015, Dremio is headquartered in Santa Clara, CA. Investors include Cisco Investments, Insight Partners, Lightspeed Venture Partners, Norwest Venture Partners, Redpoint Ventures, and Sapphire Ventures. For more information, visit www.dremio.com. Connect with Dremio on GitHub, LinkedIn, Twitter, and Facebook.