Posted on Wednesday, August 29th, 2007 at 12:54 pm
The persistently high rate of data growth is having a direct impact on the database market. According to IDC the relational database management system (RDBMS) software market grew 14.3 percent last year to $16.5 billion – not bad for what many considered to be a mature, slow-growing market.
Increasing compliance and regulation, the rise in collaboration and information sharing, proliferation of new applications as well as growing use of open source software are fuelling the growth in data and databases. As the amount of data and databases increase, so does the total cost of ownership of the IT infrastructure; spiralling costs and management burdens are becoming real issues for companies of all sizes
