Now that we’re emerging from the pandemic and the dust is starting to settle, organizations are taking a good, hard look at their digital transformation and modernization priorities moving forward.
To shed light on the adoption and maturity of trending data architectures and where the industry is headed, Unisphere Research, a division of Information Today, partnered with Radiant Advisors to field the latest survey, “Market Study: 2023 Modern Data Architecture Trends,” sponsored by Cambridge Semantics, Informatica, Kinetica, Teradata, and Vertica.
When respondents were asked, “What they were currently researching/considering?” they ranked “Modernizing to Cloud Data Warehouse” highest, at 53%. They also ranked it at 55% when asked if they “understand well and its compelling business value.”
However, “Real-Time Analytics” was ranked highest when asked which data architecture would be most valuable to their company over the next five years at 50%, followed by “Modernizing to Cloud Data Warehouse” at 44%.
The Data Lakehouse ranked in a clear second tier with “currently researching, understanding” at 40% and having “compelling value” in the future at 43%. A third-ranked tier included the Data Fabric and Data Mesh, differing by 1% often, followed by Streaming IoT Data slightly lower.
When asking about business drivers for considering and adopting a new data architecture as another way to explore relationships with each data architecture indirectly and independently, the highest-ranked driver is to increase real-time operational analytics at 49.5%, which correlates with Real-Time Analytics architecture in the highest tier of considering and compelling business value.
The business desire to enable AI and machine learning analytics use case adoption is second at 48.6%, which should relate mostly to the Modernizing to Cloud Data Warehouse and/or data lakehouse architecture.
The following three drivers are more generalized for enterprises today wanting to increase analytics performance, scalability, and agility or enable broader analytics and self-service. While having an integrated data management platform was fifth in the ranking, it still represented a substantial 41.4% of respondents, which also reduces risk by improving compliance, security, and transparency.
To read the full report, go here.