DATA INTEGRATION MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024-2031)

Key Developments

• In July 2022, TIBCO Software Inc., a global leader in enterprise data, announced significant enhancements to its TIBCO Cloud Integration iPaaS offering. These updates expand the potential for integrating applications, data, and devices across hybrid environments, empowering customers to accelerate business outcomes in an increasingly volatile business landscape.
• In May 2022, Informatica announced a strategic partnership with Oracle to deliver cloud data integration and governance solutions that rapidly modernize APIs, applications, data, and business processes for enterprise analytics, data warehouses, and data science. The collaboration combines Informatica's industry-leading data integration and governance capabilities with Oracle's enterprise connectivity and automation platform. This partnership enables organizations to seamlessly connect data across hybrid and multi-cloud environments, ensuring data quality and governance while accelerating the journey to the cloud.
• In September 2021, Microsoft introduced Azure Data Factory (ADF) to ensure secure data access and prevent data exposure to the public internet. This innovative solution allows organizations to manage data integration safely, ensuring that data remains protected throughout the entire data movement process.
• In April 2021, Oracle made its industry-leading GoldenGate data integration and replication technology available as a highly automated, fully-managed cloud service. This new OCI GoldenGate service enables customers to ensure their valuable data is always accessible and analyzable in real-time, regardless of location.
• In March 2021, IBM announced the general availability of Palantir for IBM Cloud Pak for Data, a strategic partnership that combines Palantir's Foundry platform with IBM's hybrid cloud data platform. This integration enables organizations to rapidly deploy a production-ready data fabric, accelerating the time to value for their data and AI initiatives.