Nowadays, organisations are striving to improve their data management practices, and data virtualisation is widely sought after. Globally, the data virtualisation market is projected to reach $22.2 billion by 2031, a considerable 593.75% increase from 2021. Organisations are inundated with vast amounts of data, and accessing and utilising it effectively remains a top priority.
Data virtualisation is a logical data layer that integrates all enterprise data siloed across disparate systems, manages the unified data for centralised security and governance, and delivers it to business users in real time. It reinforces the idea that having direct access to data is more advantageous than just accumulating it. This real-time data access and analysis enable organisations to make informed and timely decisions based on the most up-to-date information available. The ability to dive deeper into reports and access on-demand information can uncover hidden insights and patterns, leading to new discoveries and opportunities. Data virtualisation supports a data-driven culture, where data is no longer siloed but readily available and accessible to everyone who needs it.
Organisations can now revolutionise their data management through data virtualisation by delivering a single, real-time view of data from various sources. This opens the doors to democratising data, granting wider access to more people, leading to better decision-making, increased efficiency, and substantial cost savings.