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Inexorable Need for Data Integration to Underlie Tremendous Growth in the Market - The data integration market is currently at an early stage of maturation. Competition from numerous smaller participants is limited, with tier 1 companies continuing their domination says a new report from Frost & Sullivan
Inexorable Need for Data Integration to Underlie Tremendous Growth in the Market

 

NewswireToday - /newswire/ - London, United States, 2007/06/26 - The data integration market is currently at an early stage of maturation. Competition from numerous smaller participants is limited, with tier 1 companies continuing their domination says a new report from Frost & Sullivan.

   
 
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However, the need for effective data integration will support the market’s immense growth potential even as it attracts more entrants in the future.

As various kinds of data lend themselves to a variety of depictions and end usages, there has been a steadily growing need for effective tools to store and view the same. Moreover, the need for continuous access to the latest business intelligence information is spurring the first phase in the march towards achieving effective data utilisation.

“The industry has a unique feature wherein solution providers provide customised solutions to adopters,” notes Frost & Sullivan (healthcareandlifesciencesIT.frost.com) Research Analyst Vinod S.M. “The process of customisation enables end users to choose according to their requirements, allowing the solution to match the needs of the diverse sectors within the life sciences market.”

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of the Data Integration in Life Sciences Companies then send an email to Radhika Menon Theodore- Corporate Communications at rmtheodore[.]frost.com with the following information: your full name, company name, title, telephone number, email address, city, state, and country. We will send you the overview via email upon receipt of the above information.

Although most companies specialise in data integration, a few participants provide both data quality and integration. There are also a few firms providing both hardware and software solutions.

“The requirement for data integration is certain and this ‘need’ phenomenon will characterise not just a few but the entire bulk of life sciences and pharmaceutical/ biotechnology/ medical device firms,” concludes Mr. Vinod. “Hence, the activity currently witnessed in the area is a minuscule subset of the potential application sectors that data integration can serve.

Life sciences organisations are positively anticipating the adoption of data integration. Its wide range of prospective applications includes customer relationship management, product data management, supply chain management and enterprise resource planning.

Data Integration in Life Sciences Companies is part of the Healthcare & Life Sciences IT Subscription, which also includes research in the following markets: The European Markets for Healthcare IT Platforms, Regulations affecting European Healthcare IT, Opportunity Analysis of the U.S. Tele-health Solutions Market, Overview of the U.S. Healthcare Market and Implications for the Healthcare IT Industry, Grid Computing in Life Sciences R&D and Emerging European Opportunities in Healthcare IT. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

About Frost & Sullivan
Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics.

 
 
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Inexorable Need for Data Integration to Underlie Tremendous Growth in the Market

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Publisher Contact: Radhika Menon Theodore 
+91 44 42044541 rmtheodore[.]frost.com
 
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