Product ID: SQMIG45C2037
Report ID:
SQMIG45C2037 |
Region:
Global |
Published Date: March, 2024
Pages:
197
|
Tables:
59 |
Figures:
77
Global Data Integration Market size was valued at USD 12.22 billion in 2022 and is poised to grow from USD 13.87 billion in 2023 to USD 38.20 billion by 2031, at a CAGR of 13.5% during the forecast period (2024-2031).
With the use of data integration, analytics systems can offer useful, actionable business intelligence. Data integration creates a unified, single view of an organization's data that a business intelligence application can access to provide actionable insights based on the organization's data assets, regardless of the source or format. The pool of data produced by the integration process is used to build a data warehouse. For instance, in June 2022, cloud software vendor Salesforce, Inc. announced "Mulesoft," a single platform for automation, application programming interfaces (APIs), and data integration. The technology would help businesses automate their processes, establish a uniform view of the data, and connect to any system with ease. Mulesoft provides the whole range of solutions, which would improve the user experience, reduce waiting time, and boost productivity. It encourages intersystem cooperation for a full picture of the company, rather than only benefiting a team or an individual. For instance, business intelligence software provider TIBCO Software Inc. announced improvements to its TIBCO cloud data integration in July 2022, providing scalable, adaptable solutions that support the integration of systems, operations, and processes. The organisation would benefit from the platform's most recent developments by receiving speedier business process automation, boosting agility, and providing more rapid solutions.
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Product ID: SQMIG45C2037