Peter Dinham
Thursday, 29 October 2009 11:56
There’s a growing trend amongst businesses in the Asia Pacific region towards ‘real-time’ information needs as companies continue to grow their data warehouses (DWs) to cope with increasing requirements for data analysis, and to meet compliance requirements and enable fact-based decision making.
According to a recent survey of the APAC data
warehousing market by IDC, despite the poor economic climate earlier
this year, 61.6 percent of respondents expected their organisations'
data warehouses to grow in size over the next 12 months.
IDC’s research manager of Asia/Pacific Information Management and
Analytics, Sharon Tan information continues to grow no matter if there
is an economic crisis or not, but she said that “growing data volumes
often reside in disparate systems, making it a challenge to access
timely and precise information. Data warehouses are now in the
terabytes, with organisations in financial services and the public
sector having the highest DW growth expectations."
IDC says it views DW as the foundational layer of business analysis
software, which it says is commonly deployed to support increasing
requirements for “data analysis, compliance requirements, and enable
fact-based decision making.”
According to Tan, the growing interest and trend toward "real-time"
information needs is expected to accelerate as companies “expand,
conduct business over multiple time zones, and as market volatility
becomes less of an exception but a norm.
“The survey results are generally consistent with IDC's expectations
that decision cycles are getting shorter, driving interest and demand
for technologies that support more immediate information needs, Tan
said.
Other key factors revealed by the IDC survey include:
• About slightly less than one-fifth of the respondents had DWs
larger than 100TB in size, with Singapore and Korea leading the way.
Data-intensive industries such as those in the financial services
sector had the largest DWs. About one-quarter of the organizations in
the financial services sector had DWs that were already larger than
100TB.
• Most (28.9%) respondents with DWs indicated that they had between
6 and 10 source transactional or other systems feeding into their DWs.
The results indicated that there tended to be more transactional and
external systems feeding into DWs, especially in emerging countries
like India and China.
• About 35.7% of the respondents surveyed said that they expected
DWs to grow at "10% to less than 25%" over the next 12 months.
Organizations in Singapore and China had some of the largest DW growth
expectations.