As I noted when joining Ventana Research, the range of options faced by organizations in relation to data processing and analytics can be bewildering. When it comes to data platforms, however, there is one fundamental consideration that comes before all others: Is the workload primarily operational or analytic? Although most database products can be used for operational or analytic workloads, the market has been segmented between products targeting operational workloads, and those targeting analytic workloads for almost as long as there has been a database market.
The distinction is particularly relevant to Ventana Research as we expand our data research coverage. To date, the majority of our data platforms coverage has specifically focused on analytic databases and data warehouses, complemented by our focus on data lakes. While there are distinct use cases and drivers for data warehouses and data lakes, these are both examples of analytic data platforms.
Analytic data platforms are designed to store, manage, process and analyze data, enabling organizations to leverage data to operate with greater efficiency across on-premises, hybrid and multi-cloud environments. These platforms support applications used to analyze the business, including decision support, business intelligence, data science, artificial intelligence and machine learning. They include data warehouses and data lakes as well as the increasing convergence of data warehouse, data lake and data-streaming technologies. Convergence is a primary theme in the analytic data platforms sector. I assert that, through 2024, data warehouse, data lake and data-streaming technologies will converge to create analytic data platforms, enabling organizations to collect and analyze all types of operations-generated information.
There are many trends and themes that impact both analytic and operational data platforms, such as the rise of hybrid and multi-cloud data processing as well as increased demand for hybrid operational and analytic processing to support intelligent applications. As this suggests, there is an element of overlap between the analytic and operational data platform segments. There have always been general-purpose databases that could be used for both analytic and operational workloads, while there are some examples among early adopters using data lakes to support operational as well as analytic workloads. While the overarching trends and themes will also be a feature of our data research coverage going forward, I believe that for most use cases, there is a clear, functional requirement for either analytic or operational data platforms, and I recommend that organizations considering options for new data platforms continue to use this distinction as a starting point, drawing up a short list of potential technology providers for consideration.
Regards,
Matt Aslett