The enterprise metadata management market is undergoing a significant growth spurt and according to a recent report, that will like continue. Information Age brought this news to us in their article, “The growing enterprise metadata management market.”
Some key factors in driving this enterprise management growth are identified as centralized management, increasing business data volume, operational efficiency and data quality.
Digging a little deeper into the findings, cloud deployment is expected to be the fastest-growing deployment model due its ability to provide higher scalability. Robust cloud-based solutions are in-line with the increasing migrations to the private or public cloud to further enhance the market growth.
As more data is generated and more regulations put into place, metadata information in large and often complex packaged applications presents new challenges.
Lastly, this growth spurt is supposed to be realized mostly in North America, followed by Europe. Already, North America has experienced a growth of cloud-based and on-premises data management and governance solutions in most of its industries.
Melody K. Smith
Sponsored by Access Innovations, the world leader in taxonomies, metadata, and semantic enrichment to make your content findable.