Businesses are deploying data virtualization technology solutions to meet rising data demand for a variety of reasons, including faster provisioning of new data and client self-service data access. It is extremely beneficial to data consumers, IT, and technical teams.
In this article, we have given a detailed guide to data virtualization for enterprises. Read to know more about it in detail.
Data virtualization is an established technology that is currently employed as part of a company's data integration strategy. The data virtualization market is expected to grow to US$ 1.58 billion in 2017, according to MarketsandMarkets. Furthermore, it is expected to reach US$ 4.12 billion by 2022, growing at a compound annual growth rate (CAGR) of 21.1% over the forecast period (2017 to 2022).
In distributed data management processing, data virtualization technology creates a logical extraction layer. It enables users to gain standardised access to data in any format and from any heterogeneous source (data warehouse or data lake).
As a result, data users are not required to deal with technical aspects of data, such as where and how the data is stored, the type of data and its storage structure, and the interface of the source of data storage, among other things.
Furthermore, this data is consumed by applications, query/reporting tools, message-oriented middleware, or other data management infrastructure components via virtual views.
Data virtualization for enterprises enables enterprises to easily access the data they require. The implementation of data virtualization involves three steps:
Data virtualization connects to a wide range of data sources, including databases, data warehouses, cloud applications, big data repositories, and even Excel files.
Combine: Data virtualization combines and transforms related data or information in any format into business views or insights.
Data virtualization accesses and delivers real-time data to enterprises via reports, dashboards, portals, mobile apps, and Web applications.
While data virtualization technology combines multiple data sources into a single user interface, the virtual or semantic layer is the technology's heart. It enables data or business users to further organise their data in various virtual schemas and virtual views in any format and from any source.
Users can gain access to all unified data from various systems via the virtual layer, which creates a single consolidated data source. This information is safe and secure, and it meets all industry standards.
This virtualized data can be easily enhanced by users to prepare it for analytics, reporting, and automation procedures.
Meets data demands: As businesses continue to conduct analysis and use self-service analytics tools, the data demands of business and data analysts, scientists, and engineers may become unmanageable. The findings help businesses make better decisions while also delighting their customers. As a result, data virtualization enables you to view all of your data in real time from a centralized location. This enables analytics to be completed more quickly than usual.
Manages Data Complexity and Volume: The desire for rapid expansion has increased the number of unconnected physical databases and complex data in businesses. Data virtualization is the quickest way to combine them for analytics.
The rate at which data is generated is increasing, making it more difficult to keep a physical data warehouse up to date. Furthermore, data virtualization is a more advanced method of transferring data between multiple locations.
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