Are you looking to add Data Fabric to your arsenal of tools? Maybe for your business or personal use only, whatever it is – it’s always a good idea to know more about the most important Data Fabric statistics of 2024.
My team and I scanned the entire web and collected all the most useful Data Fabric stats on this page. You don’t need to check any other resource on the web for any Data Fabric statistics. All are here only 🙂
How much of an impact will Data Fabric have on your day-to-day? or the day-to-day of your business? Should you invest in Data Fabric? We will answer all your Data Fabric related questions here.
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On this page, you’ll learn about the following:
Best Data Fabric Statistics
☰ Use “CTRL+F” to quickly find statistics. There are total 57 Data Fabric Statistics on this page 🙂Data Fabric Benefits Statistics
- No surprise that we found that 65 percent of senior IT executives believe security and compliance risk are the greatest barriers to realizing the benefits of cloud. [0]
Data Fabric Market Statistics
- The data fabric market size was valued at $812.6 million in 2018, and is projected to reach $4,546.9 million by 2026, growing at a CAGR of 23.8% from 2019 to 2026. [1]
- The global data fabric market size to grow from USD 1.0 billion in 2020 to USD 4.2 billion by 2026, at a Compound Annual Growth Rate of 26.3% during the forecast period. [2]
- The PaaS market is expected to grow 26.6 percent in 2021 , Gartner forecasts, stating that the growth is driven by remote workers needing access to ‘to high performing, content rich and scalable infrastructure to perform their duties’. [0]
- The number is expected to grow by 32 percent each year Competition between SaaS companies has led to a wide array of inexpensive solutions that ensure public cloud services will dominate the market for years to come. [0]
- By 2025, the global market value of AI is estimated to surpass $89 billion annually , meaning that organizations that don’t embrace this trend will find themselves lagging behind their competition. [0]
Data Fabric Latest Statistics
- Data Fabric Market AsiaPacific would exhibit the highest CAGR of 26% during 2019. [1]
- 80% of fortune 2000 companies rely on our research to identify new revenue sources. [2]
- Schools in many locales have pivoted to 100% online learning and digital classrooms. [2]
- According to Domo’s eighth annual Data Never Sleeps graphic, every minute of every day, consumers spend USD 1 million online, make 1.4 million video and voice calls, share 150,000 messages on Facebook, and stream 404,000 hours of video on Netflix. [2]
- As per an article published by Hosting Tribunal in January 2021, 50% of enterprises spend more than USD 1.2 million on cloud services annually, and 94% of enterprises are already using a cloud service. [2]
- For example, they can opt for a promising data management platform with 65 70% of the capabilities needed to stitch together a data fabric. [3]
- Data fabric reduces time for integration design by 30%, deployment by 30% and maintenance by 70% because the technology designs draw on the ability to use/reuse and combine different data integration styles. [4]
- September 30, 2024 Total Intended Award Amount $5,609,259.00. [5]
- “Admin and maintenance would usually take 20 to 30% of our team’s time. [6]
- HPE Ezmeral Data Fabric reduces this to less than 10%.”. [6]
- The HPE Ezmeral Data Fabric data platform resolved Outbrain’s resiliency and performance issues, and delivered a 15% improvement in performance. [6]
- Performance is 100% the ecosystem’s responsibility, so the data access can focus solely on the business goals. [7]
- Since 92 percent of organizations already are at least somewhat in the cloud, we’ve compiled an exhaustive list of cloud trends for 2021 and beyond to help you to make the most of this technology. [0]
- Since 2010, the global cloud services industry has risen year over year to reach a $370 billion valuation in 2020 , marking a growth of over 380 percent in ten short years. [0]
- However, when put into context with the fact that 90 percent of the world’s data in 2013 was created between 2011 and 2012 , it’s inevitable that more data would invite the need for more data storage. [0]
- Not surprisingly, around 50 percent of all corporate data is stored in the cloud , as of 2020. [0]
- Worldwide end user spending on public cloud services is forecast to grow 18.4 percent in 2021. [0]
- In fact, 80 percent of consumers list sustainability as the most important issue to consider when evaluating organizations out of nine potential areas of concern. [0]
- 44 percent of CEOs are already planning net zero futures for their organizations with this in mind, so it is going to be increasingly important for you to take advantage of the efficient cloud operations available to you. [0]
- >>> Companies we partner with have seen their energy consumption fall by up to 65 percent while simultaneously reducing their carbon emissions by up to 84 percent, simply by migrating areas of their infrastructure to the public cloud. [0]
- This is, in fact, a conservative estimate, as 33 percent of organizations had an annual cloud budget spanning between $2.4 million and $12 million. [0]
- With 30 percent of cloud budgets being wasted , organizations are looking to streamline cloud costs and optimize cloud services. [0]
- This is the step most businesses seem to be struggling with, on average under budgeting their cloud requirements by 23 percent. [0]
- On average, organizations waste 30 percent of their cloud spend. [0]
- Organizations are over budget for cloud spend by an average of 23 percent. [0]
- While most organizations do not make the jump from onpremises to multi vendor deployments in one go, 93 percent of enterprises have built up to a multicloud strategy. [0]
- Our research finds that migrating areas of your business to the public cloud can cut your Total Cost of Ownership by as much as 40 percent. [0]
- The industry’s 24 percent annual growth rate suggests that commitment to the public cloud is only growing. [0]
- Between January and April of 2020, cybercrime saw a sharp increase by 630 percent as new ways of working created new vulnerabilities to exploit. [0]
- This explains why 28 percent of enterprises consider security to be the most important criterion when picking a cloud vendor. [0]
- Unfortunately, over 50 percent of organizations do not have the appropriate security management systems in place for their cloud applications , creating an adverse effect on their overall security infrastructure. [0]
- Cloud coalitions Enterprise cloud use rose close to 50 percent following the onset of the coronavirus as businesses scrambled to migrate their workloads. [0]
- The majority of surveyed organizations suffer, 98 percent, say that a single hour of downtime per year costs their company over $100,000. [0]
- Bear in mind, those are only average statistics as 40 percent of enterprises even indicated to lose between $1 and $5 million in just one hour of downtime exclusive of any legal fees, fines or penalties.. [0]
- So much so that Gartner predicts that by 2024, 70 percent of global organizations will be running more than two containerized applications in production, up from less than 20 percent in 2019. [0]
- By 2024, information will be a critical organizational asset for 90 percent of organizations, solidifying analytics into a core competency. [0]
- Migrating areas of your business to the public cloud can cut your Total Cost of Ownership by 40 percent. [0]
- Between 2020 and 2025, this demand is expected to grow the serverless industry by 25 percent. [0]
- In order to position themselves to maximize this potential, ‘ 57 percent of respondents investing in blockchain technology agreed that their organization should adopt blockchain technology to remain competitive’. [0]
- This pursuit is expected to grow the cloud monitoring industry annually by 22.7 percent between 2020 and 2026, when it will be valued at approximately $4.5 billion. [0]
- For the cloud monitoring industry, a CAGR of 22.66 percent is expected over the forecast period 2021. [0]
- The use of cloud native projects in production continues to grow, with many projects reaching more than 50 percent use in production. [0]
- “At any one point, your website is just a 2 second delay away from racking up a 100 percent bounce rate.”. [0]
- There are several reasons why 77 percent of IT leaders intend to utilize open source code with greater frequency. [0]
- EPA estimated that the generation of textiles in 2018 was 17 million tons. [8]
- This figure represents 5.8 percent of total MSW generation that year. [8]
- The recycling rate for all textiles was 14.7 percent in 2018, with 2.5 million tons recycled. [8]
- Within this figure, EPA estimated that the recycling rate for textiles in clothing and footwear was 13 percent based on information from the American Textile Recycling Service. [8]
- The rate for items such as sheets and pillowcases was 15.8 percent in 2018. [8]
- This was 9.3 percent of MSW combusted with energy recovery. [8]
- This was 7.7 percent of all MSW landfilled. [8]
I know you want to use Data Fabric Software, thus we made this list of best Data Fabric Software. We also wrote about how to learn Data Fabric Software and how to install Data Fabric Software. Recently we wrote how to uninstall Data Fabric Software for newbie users. Don’t forgot to check latest Data Fabric statistics of 2024.
Reference
- accenture – https://www.accenture.com/nl-en/blogs/insights/cloud-trends.
- alliedmarketresearch – https://www.alliedmarketresearch.com/data-fabric-market.
- marketsandmarkets – https://www.marketsandmarkets.com/Market-Reports/data-fabric-market-237314899.html.
- gartner – https://www.gartner.com/smarterwithgartner/data-fabric-architecture-is-key-to-modernizing-data-management-and-integration.
- gartner – https://www.gartner.com/smarterwithgartner/gartner-top-10-data-and-analytics-trends-for-2021.
- nsf – https://www.nsf.gov/awardsearch/showAward?AWD_ID=2138811&HistoricalAwards=false.
- hpe – https://www.hpe.com/us/en/software/ezmeral-data-fabric.html.
- lingarogroup – https://lingarogroup.com/blog/is-data-fabric-the-future-of-data-management-platforms/.
- epa – https://www.epa.gov/facts-and-figures-about-materials-waste-and-recycling/textiles-material-specific-data.
How Useful is Data Fabric
One innovative approach that is gaining traction in the data management space is the concept of a data fabric. So, what exactly is data fabric, and how useful is it in practice?
At its core, data fabric is a unified framework that enables organizations to seamlessly connect and integrate their data across disparate sources and formats. By providing a central platform where data can be accessed, analyzed, and consumed in real-time, data fabric aims to break down the traditional data silos that often hinder decision-making and innovation.
One of the key benefits of data fabric is its ability to provide a holistic view of an organization’s data landscape. Rather than being confined to individual databases or systems, data fabric allows for a unified view of all data assets, empowering organizations to make more informed decisions based on a comprehensive understanding of their data.
Furthermore, data fabric enables organizations to leverage the power of emerging technologies such as artificial intelligence and machine learning. By providing a flexible and scalable data infrastructure, data fabric can facilitate the seamless integration of these technologies into existing business processes, unlocking new insights and driving efficiencies.
In today’s data-driven world, security and compliance are top priorities for organizations. Data fabric offers a robust security framework that ensures data is protected at every stage of its lifecycle, from ingestion to analysis and dissemination. With data breaches becoming increasingly common, the ability to safeguard sensitive information is critical for maintaining the trust of customers and stakeholders.
Moreover, data fabric can help organizations overcome the challenges posed by the growing complexity of data environments. With data spread across on-premises and cloud-based systems, as well as in different formats and locations, managing and integrating data can become a daunting task. Data fabric simplifies this process by providing a centralized platform that streamlines data management tasks and reduces the burden on IT teams.
In conclusion, the concept of data fabric holds great promise for organizations seeking to harness the power of their data assets. By providing a unified and flexible data management framework, data fabric enables organizations to break down data silos, enhance decision-making, and drive innovation. As businesses continue to navigate an increasingly complex and data-rich environment, the adoption of data fabric solutions will likely become a key differentiator in driving competitive advantage and sustainable growth.
In Conclusion
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