Second annual study, commissioned by Starburst and Red Hat, highlights increasing data access demands and flexibility challenges
BOSTON, March 22, 2022 /PRNewswire/ -- New market research commissioned by Starburst and Red Hat uncovers that 55% of organizations claim the pandemic has made data access more critical, a slight increase from the 2021 study. As a result, enterprises plan to prioritize multi-cloud flexibility and ease of use when it comes to selecting data infrastructure solutions. The second annual report, "The State of Data and What's Next," conducted by independent research firm Enterprise Management Associates (EMA), found that the shift to quick and flexible deployments is imperative for driving the business functions and insights required to deliver valuable customer experiences in today's fast-paced, distributed environment.
The new research indicates that surveyed global organizations are increasingly relying on data, with pressures for data access growing to meet customer demands in an advancing digital, highly mobile landscape. It points to a major disconnect between the critical demand for faster data access and having a centralized data strategy, indicative of three main challenges facing data teams today:
"Data is the lifeblood of every business in the digital economy. This year's study highlights that organizations have clear demands for faster and more secure data access, but traditional approaches amidst increasing ecosystem complexity are holding teams back," said Justin Borgman, CEO and co-founder of Starburst. "As data sprawl and distributed data challenges continue and pains in the pipeline process persist, enterprises are turning to new approaches, such as a Data Mesh architecture, that support a decentralized model. By empowering our customers to access all of their data, regardless of location, Starburst enables organizations to drive better and faster business decisions without the time-consuming and resource-intensive ETL process."
The research findings also show that enterprises are turning to specific practices and product capabilities to meet these challenges:
"Customers creating AI/ML enabled applications must rely on accessible data in order to accelerate model development and the deployment of intelligent applications across hybrid multicloud environments," said Steven Huels, senior director, Software Engineering, Red Hat. "By creating a foundation for data and applications on cloud architecture, developers and data scientists can more quickly and repeatedly meet their business goals through the delivery of data-driven, intelligent applications."
For more information on the Data Mesh model, visit us here. You can download the full report here.
Methodology
The survey of 400 respondents located in the US, UK, Canada, France, Germany, Australia and Singapore was conducted by independent research firm Enterprise Management Associates in January, 2022. Respondents included IT decision makers and data management professionals from organizations across a range of industries, including manufacturing, retail, telecommunications, finance and more.
About Starburst
Starburst is the analytics engine for all your data. We provide the fastest, most efficient analytics engine for your data warehouse, data lake, or Data Mesh. We unlock the value of distributed data by making it fast and easy to access, no matter where it lives. Starburst queries data across any database, making it instantly actionable for data-driven organizations. With Starburst, teams can lower the total cost of their infrastructure and analytics investments, prevent vendor lock-in, and use the existing tools that work for their business. Trusted by companies like Comcast, FINRA, and Condé Nast, Starburst helps companies make better decisions faster on all data.
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Jill Creelman
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