Matt Aslett's Analyst Perspectives

As data continues to grow and evolve, organizations seek better tools and technologies to employ data faster and more efficiently. Finding and managing data remains a perennial challenge for most organizations, and is exacerbated by increasing volumes of data and an expanding array of data formats. At the same time, organizations must comply with a growing list of national and regional rules and regulations, such as General Data Protection Regulation and the California Consumer Privacy Act. While these regulations protect consumers, they increase complexity for governing and providing access to data.

Success with streaming data and events requires a more holistic approach to managing and governing data in motion and data at rest. The use of streaming data and event processing has been part of the data landscape for many decades. For much of that time, data streaming was a niche activity, however, with standalone data streaming and event-processing projects run in parallel with existing batch-processing initiatives, utilizing operational and analytic data platforms. I noted that there has been an increased focus on unified approaches that enable the holistic management and governance of data in motion alongside data at rest. One example is the recent emergence of streaming databases designed to combine the incremental processing capabilities of stream-processing engines with the SQL-based analysis and persistence capabilities of traditional databases.

I have previously written about the importance of data democratization as a key element of a data-driven agenda. Removing barriers that prevent or delay users from gaining access to data enables it to be treated as a product that is generated and consumed, either internally by employees or externally by partners and customers. This is particularly important for organizations adopting the data mesh approach to data ownership, access and governance. Data mesh is an organizational and cultural approach to data, rather than a technology platform. Nevertheless, multiple vendors are increasingly focused on providing products that facilitate adoption of data mesh and promote data democratization. Amazon Web Services is one such vendor, thanks to the recent launch of Amazon DataZone, one of the figurehead analytics and data announcements made during the company’s recent re:Invent customer event.

I recently wrote about the potential use cases for distributed SQL databases as well as techniques being employed by vendors to accelerate adoption. Distributed SQL is a term that is used by several vendors to describe operational data platform products that combine the benefits of the relational database model and native support for distributed cloud architecture, including resilience that spans multiple data centers and/or cloud regions. I noted that compatibility with existing database tools and skills was a key factor for these vendors as they lower barriers to developer adoption. A prime example is Cockroach Labs, which highlighted the importance of compatibility and developer efficiency with the recent launch of CockroachDB 22.2.

Organizations require faster analytics to continuously improve business operations and stay competitive in today’s market. However, many struggle with slow analytics due to a variety of factors such as slow databases, insufficient data storage capacity, poor data quality, lack of proper data cleansing and inadequate IT infrastructure. Challenges such as data silos can also decrease operational efficiency. And as the data grows, performing complex data modelling becomes challenging for users as they spend more time managing data rather than identifying insights.

I have previously written about the functional evolution and emerging use cases for NoSQL databases, a category of non-relational databases that first emerged 15 or so years ago and are now well established as potential alternatives to relational databases. NoSQL is a term that is used to describe a variety of databases that fall into four primary functional categories: key-value stores, wide column stores, document-oriented databases and graph databases. Each is worthy of further exploration, which is why I am examining them over a series of analyst perspectives, starting with graph databases.

The market for data and analytics products is constantly evolving, with the emergence of new approaches to data persistence, data processing and analytics. This enables organizations to constantly adapt data analytics architecture in response to emerging functional capabilities and business requirements. It can, however, also be a challenge. Investments in data platforms cannot be constantly written-off as organizations adopt new products for new approaches. Too little change can lead to stagnation, but too much change can be chaotic, leading to silos of data and data integration complexity. This is one reason why there is growing interest in the concept of data fabric for managing and governing data across distributed environments. In addition to supporting hybrid and multi-cloud strategies, data fabric enables organizations to manage and generate insight from data spread across a combination of long-standing and new data platforms. Promethium focuses on automating data management and data governance across a distributed architecture with a combination of data fabric and self-service augmented analytics capabilities.

Data observability was a hot topic in 2022 and looks likely to be a continued area of focus for innovation in 2023 and beyond. As I have previously described, data observability software is designed to automate the monitoring of data platforms and data pipelines, as well as the detection and remediation of data quality and data reliability issues. There has been a Cambrian explosion of data observability software vendors in recent years, and while they have fundamental capabilities in common, there is also room for differentiation. One such vendor is Soda Data, which offers an open-source platform for self-service data observability that is focused on facilitating collaboration between business decision-makers and data teams responsible for generating and managing data to improve trust in data.

I have written about the increased demand for data-intensive operational applications infused with the results of analytic processes, such as personalization and artificial intelligence-driven recommendations. I previously described the use of hybrid data processing to enable analytics on application data within operational data platforms. As is often the case in the data platforms sector, however, there is more than one way to peel an orange. Recent years have also seen the emergence of several analytic data platforms that deliver real-time analytic processing suitable for data-intensive operational applications.

Organizations across various industries collect multiple types of data from disparate systems to answer key business questions and deliver personalized experiences for customers. The expanding volume of data increases complexity, and data management becomes a challenge if the process is manual and rules-based. There can be numerous siloed, incomplete and outdated data sources that result in inaccurate results. Organizations must also deal with concurrent errors – from customers to products to suppliers – to create a complete view of the data. Many vendors, including Tamr, have turned to artificial intelligence and machine learning to overcome the challenges associated with maintaining data quality amid the growing volume and variety of data. I assert that by 2026, more than three-quarters of organizations’ data management processes will be enhanced with artificial intelligence and machine learning to increase automation, accuracy, agility and speed.