Market Overview
Data integration and integrity software analyzes sets of information and identifies incomplete, incorrect, or improperly formatted data. After accurately profiling the above-mentioned data concerns, data integration and integrity software further correct or cleanse that data based on predefined standards and previously established guidelines. Modification, deletion, merging, and appending are all common and widely employed procedures of data set correction or cleansing. Data integrity and integration software are critical for developers, data analysts, sales professionals, and marketers. All these professionals attain benefits of data integration and integrity tools and services. Rising complexity in ensuring data integrity has encouraged organizations to adopt such efficient solutions, thereby driving the data integration and integrity market growth.
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By targeting and cleansing data lists, data integration and integrity software enable organizations to establish and maintain outstanding standards for data integrity. Data integration and integrity software solutions are extremely beneficial for ensuring data adhere to specified standards, based on the mandatory in-house, market, and industry standards. This factor is expected to drive the growth of Data integration and integrity software market. The complex procedure of maintaining data quality and integrity strengthens the reliability of such critical information for particular business use. Data sets that are processed using data integration and integrity software can range from client contact data to granular financial statistics, organisational data, and much more.
Data integration and integrity software can share features or can be efficiently integrated with master data management software, data quality management software, or big data and analytics software solutions. While being tangentially related to data integration and integrity software from a functional standpoint, address verification tools differs through their diverse use cases, focus only on physical location information. Data integration and integrity software are implemented with the prime motive to identify data inaccuracies. Another plus point of data integration and integrity software is that it can provide organizations with efficient data cleansing functionalities to correct the data functionalities.
Key Players :
Informatica
Qlik Technologies
Cisco
Oracle
Talend
IBM
Information Builders
SAP SE
Microsoft
SAS Institute
HVR Software
HCL Technologies
Market Segmentation
The global data integration and integrity software market can be analysed on the basis of product types, applications areas, regional markets, and the prominent market players.
Based on product types, data integration and integrity software market can be segmented into-
- On-Premise data integration and integrity software
- Cloud-based data integration and integrity solutions.
Cloud-based data integration and integrity solutions are critical for small and medium-sized organizations who can’t spend in dedicated software solutions. These services are extremely cost-effective and can be customized as per client’s requirements. Cloud-based data integration and integrity solutions help organizations with normalizing data formatting. Also, these solutions offer automated and manual data cleaning functionalities. Cloud-based data integration and integrity software solutions offer several preventive measures that help organizations to preserve data integrity.
Based on applications, data integration and integrity software market can be segmented into-
- BFSI
- Healthcare
- Manufacturing
- Telecom
- Others
Regional Overview
North America, Asia Pacific, Europe, and the Middle East and Africa are the major regions contributing to the growth and development of data integration and integrity software market. North America and the Asia Pacific, on account of having a large number of IT organizations, high availability of advanced technical infrastructure and experienced and skilled professionals, and the presence of some prominent software vendors, are expected to drive the data integration and integrity software market. Organizations operating in these regions are actively focusing on streamlining and automating data integrity management procedures. This factor has increased the demand for data integration and integrity software in the above-mentioned regions. European data integration and integrity software market is expected to register considerable growth.
Industry News
RingLead, an advanced data integration and integrity software, is attaining high popularity across major IT industry verticals. It is a SaaS cloud-based data management platform that provides organizations with a complete end-to-end set of solutions and functionalities to protect, clean, and enhance the CRM and marketing-related information. RingLead data management software efficiently automates the way companies conduct their most crucial data management procedures, such as data deduplication, data normalization, data enrichment, data validation, routing, and data segmentation.
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