Connect with us

Technology

Enterprise Data Warehouse (EDW) Market size is set to grow by USD 39.23 billion from 2024-2028, Data explosion across industries boost the market, Technavio

Published

on

NEW YORK, June 26, 2024 /PRNewswire/ — The global enterprise data warehouse (EDW) market size is estimated to grow by USD 39.23 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  30.08%  during the forecast period. Data explosion across industries is driving market growth, with a trend towards significant focus on new solution launches. However, data security concerns poses a challenge. Key market players include Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Healthcare Technology Pvt. Ltd., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Microsoft Corp., Open Text Corporation, Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc..

Get a detailed analysis on regions, market segments, customer landscape, and companies- View the snapshot of this report

Enterprise Data Warehouse (Edw) Market Scope

Report Coverage

Details

Base year

2023

Historic period

2018 – 2022

Forecast period

2024-2028

Growth momentum & CAGR

Accelerate at a CAGR of 30.08%

Market growth 2024-2028

USD 39236.2 million

Market structure

Fragmented

YoY growth 2022-2023 (%)

23.2

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

APAC at 32%

Key countries

US, China, UK, India, and Germany

Key companies profiled

Accur8 Software, Alphabet Inc., Amazon.com Inc., Amitech Solutions Inc., AtScale Inc., CitiusTech Healthcare Technology Pvt. Ltd., Cloudera Inc., Fusion Consulting AG, HCL Technologies Ltd., Health Catalyst Inc., International Business Machines Corp., Microsoft Corp., Open Text Corporation, Oracle Corp., SAP SE, Snowflake Inc., Solver Inc., Tata Sons Pvt. Ltd., Teradata Corp., and Veeva Systems Inc.

Market Driver

The enterprise data warehouse (EDW) market is experiencing growth due to increased adoption in small-medium enterprises and large businesses. Vendors are investing in new solutions and upgrades, such as Snowflake Inc.’s introduction of new large language models, enhanced retrieval capabilities, and AI safety measures in May 2024. These advancements, like Snowflake Arctic’s SQL generation and execution capabilities, contribute to market growth under the Apache 2.0 license, ensuring openness and collaboration. 

The Enterprise Data Warehouse (EDW) market is experiencing significant growth due to the increasing demand for data analysis and business intelligence. Businesses are recognizing the importance of having a centralized system to manage and analyze their data. Trends in this market include the use of advanced analytics and machine learning to gain insights from data. Data sources are becoming more diverse, including social media and IoT devices. Data volumes are growing rapidly, requiring the use of cloud-based solutions for scalability. Data security and governance are also key concerns. Tools such as ETL (Extract, Transform, Load) and data visualization software are essential for effective EDW implementation. Overall, the EDW market is evolving to meet the needs of businesses seeking to make data-driven decisions. 

Research report provides comprehensive data on impact of trend. For more details- Download a Sample Report

Market Challenges

The global Enterprise Data Warehouse (EDW) market faces significant data security challenges. Threats such as DDoS attacks, data breaches, unsecured APIs, data loss, and account hijacking pose risks to stored data. Vendors and enterprises are addressing these concerns through service-level agreements (SLAs) and security measures like data management software and security appliances. Despite efforts to enhance security, data breaches and loss remain potential issues, underscoring the importance of ongoing vigilance in the EDW market.Enterprise Data Warehouses (EDW) play a crucial role in businesses by collecting and storing data from various sources. However, implementing an EDW comes with several challenges. One major challenge is data integration from multiple sources, ensuring consistency and accuracy. Another challenge is data security and privacy, as sensitive data needs protection. Scalability is also a concern, as businesses grow and generate more data. Additionally, keeping up with technology advancements and ensuring compatibility with new systems can be a challenge. Lastly, cost is a significant factor, as EDW implementation and maintenance can be expensive. Despite these challenges, businesses continue to invest in EDWs to gain valuable insights and make informed decisions.

For more insights on driver and challenges – Request a sample report!

Segment Overview 

This enterprise data warehouse (edw) market report extensively covers market segmentation by  

Product Type1.1 Information and analytical processing1.2 Data miningDeployment 2.1 Cloud based2.2 On-premisesGeography 3.1 North America3.2 Europe3.3 APAC3.4 Middle East and Africa3.5 South America

1.1 Information and analytical processing-  The Enterprise Data Warehouse (EDW) market is driven by the expansion of IT, BFSI, education, healthcare, and retail sectors. Data warehouses facilitate the processing of information for querying, analysis, and reporting. OLAP operations like slice-and-dice, drill-down, and pivoting enable multidimensional data analysis. The integration of web-based accessing tools and the use of both summarized and comprehensive historical data are current trends. These factors contribute to the growth of the information and analytical processing segment of the EDW market.

For more information on market segmentation with geographical analysis including forecast (2024-2028) and historic data (2017-2021) – Download a Sample Report

Research Analysis

The Enterprise Data Warehouse (EDW) market encompasses solutions that enable organizations to collect, process, and store data from various business units and data sources for analysis and reporting. EDWs facilitate the integration of flat files and physical recordings into a centralized, structured database. This collection of databases serves as valuable assets for businesses, providing a single source of truth for the organization’s information. EDWs employ an ingestion layer to handle data from multiple sources and ensure data consistency. Business intelligence (BI) tools, such as Tableau, PowerBI, Qlik, Teradata, Netezza, Exadata, Amazon Redshift, and Google BigQuery, are commonly used to derive insights from the data stored in EDWs, thereby enhancing decision-making capabilities across departments. Data engineering plays a crucial role in designing, building, and maintaining these complex systems. Cloud-based EDWs offer scalability and flexibility, making them an attractive option for businesses looking to modernize their data management infrastructure.

Market Research Overview

The Enterprise Data Warehouse (EDW) market encompasses solutions and services that enable organizations to collect, store, manage, and analyze large volumes of data from various sources. EDW solutions provide a centralized repository for data integration, ensuring data consistency and accuracy. They utilize advanced technologies such as artificial intelligence, machine learning, and predictive analytics to derive valuable insights from complex data sets. These insights help businesses make informed decisions, optimize operations, and enhance customer experiences. EDW solutions cater to various industries, including finance, healthcare, retail, and manufacturing, among others. They offer benefits such as improved data accessibility, reduced data redundancy, and increased data security.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

Product TypeInformation And Analytical ProcessingData MiningDeploymentCloud BasedOn-premisesGeographyNorth AmericaEuropeAPACMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contacts

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/

View original content to download multimedia:https://www.prnewswire.com/news-releases/enterprise-data-warehouse-edw-market-size-is-set-to-grow-by-usd-39-23-billion-from-2024-2028–data-explosion-across-industries-boost-the-market-technavio-302182777.html

SOURCE Technavio

Continue Reading

Technology

Genedata Expands AI Discovery Workflows with NVIDIA BioNeMo Open Models, Including the New RFD4-Proteina Release

Published

on

By

Bringing next-generation binder design models into production discovery

BASEL, Switzerland, Oct. 22, 2026 /PRNewswire/ — Genedata, a Danaher company, and the leading provider of enterprise software solutions for biopharmaceutical R&D, today announced the addition of the new RFD4-Proteina binder design model into Genedata’s AI-enabled discovery workflows, following the model’s introduction at NVIDIA GTC Berlin. As an early ecosystem partner, Genedata is among the first companies to make RFD4-Proteina available within its production discovery workflows. By connecting AI-generated molecular designs, scientific data, and laboratory results, Genedata helps researchers transform AI predictions into continuous learning cycles that accelerate biologics discovery.

The workflow begins with scientists defining target characteristics and required properties using Genedata’s AI co-scientist. NVIDIA’s open protein design models then generate and evaluate candidate binders within Genedata. As candidates move into laboratory testing, results are captured and linked back to the original designs, helping scientists refine and rank the next round.

“Advances in AI are creating unprecedented opportunities for protein and antibody discovery, but unlocking their full value requires more than access to powerful models alone,” said Othmar Pfannes, Ph.D., President of Genedata. “Researchers need a way to connect molecular design, experimental execution, and scientific data into a continuous learning process. Genedata serves as the digital backbone that brings these elements together, helping scientists evaluate more candidates before testing, preserve the scientific context behind each outcome, and build knowledge from one discovery cycle to the next.”

While advances in generative AI are rapidly expanding what scientists can design, many organizations still struggle to operationalize these models within production scientific research workflows. Genedata provides the orchestration, governance, and scientific data foundation needed to deploy NVIDIA BioNeMo open models, including RFD4-Proteina, directly within the discovery workflows scientists use every day. Researchers can apply AI-generated designs within established processes while maintaining lineage, traceability, and scientific context across the discovery lifecycle.

Within Danaher’s autonomous laboratory initiative, these capabilities connect AI, automation, and scientific data in a closed-loop discovery framework where each experimental outcome informs the next design cycle, creating a continuous learn-and-improve process that advances science while keeping scientists in control.

About Genedata
Genedata, a Danaher company and the leading provider of enterprise software solutions for biopharma R&D, transforms biopharma data into intelligence. Our innovative solutions combine deep science, technology, and AI domain knowledge. Leading biopharma organizations and cutting-edge biotechs partner with Genedata to digitalize and automate complex data workflows. Our advanced analytics and embedded AI enable data-driven decisions. From early discovery through development to the clinic, Genedata solutions drive innovation and maximize ROI being trusted by customers worldwide for more than 25 years.

www.genedata.com
LinkedIn | YouTube

About Danaher
Danaher is a leading global life sciences and diagnostics innovator, committed to accelerating the power of science and technology to improve human health. Through our connected ecosystem of industry-leading businesses, we work side by side with customers to solve their most complex scientific and clinical challenges—helping move innovations from discovery to delivery faster for patients who depend on them. Powered by the Danaher Business System, our advanced science and technology and proven ability to innovate help enable faster, more accurate diagnoses and reduce the time, cost, and risk required to discover, develop, and deliver life-changing therapies. Through continuous improvement and operational excellence, our approximately 60,000 associates worldwide are focused on delivering lasting impact and improving quality of life around the world, while building a healthier, more sustainable tomorrow. Explore more at www.danaher.com.

Disclaimer

The statements in this press release that relate to future plans, events or performance are forward-looking statements that involve risks and uncertainties, including risks associated with uncertainties related to contract cancellations, developing risks, competitive factors, uncertainties pertaining to customer orders, demand for products and services, development of markets for the Company’s products and services. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. The Company undertakes no obligation to release publicly the result of any revisions to these forward-looking statements that may be made to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

All product and service names mentioned are the trademarks of their respective companies.

View original content to download multimedia:https://www.prnewswire.com/news-releases/genedata-expands-ai-discovery-workflows-with-nvidia-bionemo-open-models-including-the-new-rfd4-proteina-release-302915726.html

SOURCE Genedata

Continue Reading

Technology

Bybit AI Empowers Users with Their Personal Financial Edge, Adding Personalization and Memory

Published

on

By

DUBAI, UAE, Oct. 22, 2026 /PRNewswire/ — Bybit, the New Financial Platform trusted by more than 80 million users worldwide, has announced new personalization and memory features for Bybit AI, its in-app intelligent conversational layer. Bybit AI now builds a profile from each user’s assets, positions, behavior and risk profile, connecting wealth, markets and trading across the Bybit ecosystem.

Launched in September, Bybit AI organically unifies Bybit’s core services within a single chat interface. The newly added features extend its capacity from responding to individual requests to maintaining a continuous understanding of the user, giving each user their personal financial edge.

Putting the user at the center, Bybit AI is evolving on three pillars:

Personalized: With permissions granted and limits set, Bybit AI analyzes actual account information, including financial behavior and risk profile alongside assets and positions, to generate outputs tailored to the individual.Connected: Bybit AI links Markets, Trading, Earn, Card and other Bybit products, drawing on the full picture of a user’s holdings and activity rather than a single product.Remembered: Users can proactively share their preferences with Bybit AI, which retains this context through long-term memory so that each conversation builds on the previous one.

The release also introduces Featured, a set of customized entry points for specific use cases. Each entry point offers predefined prompts, such as generating a wealth management plan based on a user’s assets and risk tolerance, and returns structured analysis with key data, clear insights and suggested next steps.

Bybit AI supports main account operations while giving users the option to deploy it within a dedicated Bybit AI sub-account. The AI-powered assistant is built on a security-first architecture. Outputs are provided for informational purposes only and do not constitute investment advice. Instructions are executed in chats only after customer authorizations.

Bybit expects to introduce further updates to Bybit AI as it continues to build toward AI-native financial services, with conversational intelligence positioned as core infrastructure.

To explore Bybit AI and learn more about how it works, users may visit: Bybit AI  – Learn how to use Bybit through conversation.

#Bybit  / #NewFinancialPlatform 

About Bybit

Bybit is The New Financial Platform.

We believe every person should have access to every financial opportunity on earth. That’s why we’re building the first intelligent platform that connects anyone, anywhere to the world’s finance.

Trusted by more than 80 million users worldwide, Bybit brings together investing, trading, payments, and wealth-building in a single secure and intelligent ecosystem. Through the combination of AI-powered technology, deep global liquidity, robust security, and transparent operations, Bybit makes global finance more accessible, efficient, and empowering for everyone.

Built for everyone. Powered by intelligence. Open to the world.

Learn more at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: media@bybit.com

For updates, please follow: Bybit’s Communities and Social Media

Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/bybit-ai-empowers-users-with-their-personal-financial-edge-adding-personalization-and-memory-302916350.html

Continue Reading

Technology

Poq is now a Shopify Certified Technology Partner

Published

on

By

LONDON, Oct. 22, 2026 /PRNewswire/ —  poq, the native mobile app platform for retail brands, today announced it has been recognised as a Shopify Certified Technology Partner. Shopify’s certification is reserved for app partners that meet Shopify’s standards for quality, security, performance and support. poq is now listed in the Shopify Technology Partner Directory and the Certified Technology Partner App Store Collection, making it easier for enterprise Shopify merchants to find and adopt a proven native app platform.

poq already powers native iOS and Android apps for joint customers including Ardene, Steve Madden UK, e.l.f. Beauty (globally), Horze (pan-European), Mamas & Papas (UK) and ECO. Modern Essentials (ANZ and UK). Across the poq platform, shoppers convert at 1.8 times the rate of mobile web, based on the median across 21 brands from January 2025 to January 2026.

“Certification from Shopify is independent validation that poq meets the high standard Shopify sets for its technology partners,” said Jay Johnston, CEO of poq. “Our customers use their apps to build loyalty and drive repeat purchases from their most valuable shoppers. This recognition means more Shopify merchants can launch a high-performing native app with confidence, on a platform already proven at scale across four continents.”

Results for Shopify Brands

European equestrian retailer Horze moved to Shopify and chose to stay with poq for its native app. “After choosing to continue working together, I can confidently say that this was absolutely the right decision. The level of motivation, ownership, and commitment the poq team demonstrated throughout the project was truly impressive,” said Dominik Schlag, CFO of Horze.

In the UK, Mamas & Papas uses its poq app to make shopping easier for busy parents. “Our poq app makes shopping with us quick and easy wherever they are, and drives loyalty and repeat purchases,” said Jo Molineux, Digital Director at Mamas & Papas.

About poq

poq is a leading Software-as-a-Service (SaaS) platform that empowers retailers and brands to create and maintain engaging, high-performance native mobile apps. With a focus on driving customer engagement and revenue, poq’s platform enables seamless integration, powerful personalisation, and an enhanced shopping experience for businesses worldwide. Learn more at poqcommerce.com.

Media contact
Emma Williams, Marketing Lead
emma.williams@poqcommerce.com  

View original content to download multimedia:https://www.prnewswire.com/news-releases/poq-is-now-a-shopify-certified-technology-partner-302915873.html

SOURCE Poq

Continue Reading

Trending