- 18 June, 2018
Franz Inc. named to the DBTA 100 – The Companies That Matter Most in Data
The IT landscape continues to evolve. The diverse influences impacting the IT scene today include expanding streams of Internet of Things data, the interrelated forces of virtualization and cloud technologies, the need for real-time computing, the rise of data lakes, and the continuing demand for high-level data analytics. Along with those trends, there are also pressing business requirements for high availability and performance, intensifying demand for self-service data access, and a growing understanding of the need for data governance and data quality in light of strict regulatory requirements such as GDPR.
At the same time, data is just getting bigger, and it is growing faster. According to a 2018 survey conducted by Unisphere Research and sponsored by Quest, while multi-terabyte databases were only evident at very large enterprises just a few years ago, today, half of the data managers responding to the survey currently have databases exceeding 10TB, and close to a third, 30%, manage databases exceeding 50TB in size. This is creating a strain on organizations to keep data available, according to the survey, with nearly two thirds of respondents saying that application availability is an “extremely critical concern.”
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