Shortfacts - September 2016
Leading niche provider
For the second time in a row, the software and consulting company Datavard has been listed in Gartner's latest "Magic Quadrant for Structured Data Archiving and Application Retirement". The IT market research institute compiles the annual report on the basis of a comprehensive catalog of criteria and independent customer surveys. In the current evaluation, Datavard was able to improve on the previous year and rose to become the leading niche provider. Datavard is a pioneer in the Hadoop-based archiving of "data lakes" in SAP systems. Gartner forecasts a compound annual growth rate (CAGR) of ten percent in the area of structured data archiving and application decommissioning. By 2018, Gartner analysts estimate that 80 percent of structured data archiving providers will offer integrated support for archiving unstructured content, compared to 30 percent currently.