What does the global database and enterprise integration market look like?
The worldwide database management systems software market saw a double-digit growth in 2004. According to Gartner, the five-year forecast calls for a compound annual growth rate of 6.6 per cent, bringing the market to $13.2 billion in new license revenue by 2009. Enterprises are now looking at standardising DBMS vendors and products to streamline their operations. Innovations in the database world are largely focused around high availability, scalability and reliability, with data security emerging as an important aspect for many enterprises. Especially for those storing sensitive data related to customer information such as social security information, credit card numbers and others. For InterSystems, the potential lies in the embedded database system. We embed the database in the application which can, then, be deployed as a single unified programme that is functional, efficient, and self-contained. I see a great scope for embedded database in segments like healthcare, BPOs and techn
