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Data Fabric 2024 Market Update

Bloor Market Update

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The data fabric market is quite nascent, and even the definition of what a data fabric (or its cousin data mesh) actually is varies significantly from source to source. The underlying goal is clear enough, and that is to achieve an enterprise-wide view of either the whole data landscape (data fabric) or specific data domains (data mesh) without needing to copy source data to other locations like a data warehouse or data lake. The desire to do this is understandable since data warehouses bring their own issues and limitations, though actually implementing a data fabric architecture beyond a demonstration level and on a large scale is a major challenge. Many elements of what is needed are beginning to emerge, but customers need to be aware that they will likely be stitching together separate software components, almost certainly from different vendors, to achieve their data fabric goal.

Current State of the Data Fabric Market

Bloor 2024 Data Fabric Market Update Diagram
The highest scoring companies are nearest the centre. The analyst then defines a benchmark score for a domain leading company from their overall ratings and all those above that are in the champions segment. Those that remain are placed in the Innovator or Challenger segments, depending on their innovation score. The exact position in each segment is calculated based on their combined innovation and overall score.

In This Report

Download the Bloor Market Update report to learn more:

  • What is it?
  • What does it do?
  • Why should you care
  • Emerging trends
  • Vendor landscape

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BLOOR Research Opinion Article
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HIMSSCast
How to get the most benefit from machine learning and AI How can healthcare organizations best leverage artificial intelligence (AI) tools, including generative artificial intelligence (GenAI)? Join Alex MacLeod, Director of Healthcare Solution Innovation at InterSystems, as she discusses key steps and challenges for organizations interested in adopting AI and other advanced technologies, as well as use cases that can improve care delivery and drive operational efficiencies.
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Market Note
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This Ventana Research Buyers Guide: Data Platforms is an assessment of how well software providers’ offerings address enterprises’ requirements for data platforms software, evaluating software in seven key categories that are weighted to reflect buyers’ needs based on expertise and research.
Oct 16, 2024
Migration Options for Application & Solution Providers
Migrating InterSystems IRIS® and InterSystems IRIS for Health™ from on-premises to the cloud offers many advantages for Application Providers and Solution Providers. These advantages include simplified operations, access to flexible resources, and enhanced resilience. Companies no longer need to worry about the physical constraints and expenses associated with maintaining on-prem infrastructure, such as power and space requirements and expensive computer hardware.
Oct 16, 2024
TabbFORUM’s Market Structure Wave
In this edition of TabbFORUM’s Market Structure Wave video series, InterSystems Irene Galperin, Senior Advisor, Financial Services, discusses how firms in the capital markets have been investing and experimenting with AI, particularly most recently with the advent of ChatGPT. In this interview, conducted by TABB Group CEO Bruce Morris, Irene offers several use cases and explains that data is at the core of implementing AI, as data needs to be "high quality and consistent," essentially "AI-ready."
Oct 10, 2024
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Unleash the power of AI in healthcare with InterSystems solutions for seamless FHIR integration and development.
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Product Fact Sheet
InterSystems Data Fabric Studio is an essential element of a modern data strategy required to enable growth, optimize business reporting, reduce risk, and support compliance for any firm in the financial services industry.

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