Next generation Database

Next-generation database technologies

There is a need for a third-generation of database technologies, as we are forced to embrace a world of large-memory models, clustered servers, and highly compressed column-wise storage. 

Although database management systems (DBMS) technology has matured, there remains potential for innovation in integrating structured and unstructured data, virtualizing access to data, and simplifying data management through greater automation and intelligence.

 

DBMS technology and middleware will also evolve to support the information fabric by virtualizing access to heterogeneous data. These trends will offer an evolutionary path to a future world of information management in which all forms of information will be easier to access, integrate, and control, and this will all come at a lower cost, due to increased automation. 

Many organizations will move to upgrade or expand existing legacy networks and infrastructure; hence the database market will see lots of activity and increased competition in an already mature space.

According to IDC reports, most data warehouses will be stored in a columnar fashion and not in rows, reporting and data collection problems will be solved with databases that have no formal schema at all, horizontal scalability through clustering will be achieved by large-scale database servers; and most OLTP databases will either reside entirely in memory or be augmented by an in-memory database.

These new systems will encourage companies to forget disk-based partitioning schemes, buffer management, indexing strategies and embrace a world of large-memory models, many processors with many cores, clustered servers and highly compressed column wise storage. 

Springboard Research reports suggest that databases are critical for data intensive environments like banking, financial services and insurance telecom, retail and PSU. Sanchit Vir Gogia, Associate Research Manager - Software, Springboard Research said that India as a market for DBMS is at an inflection point. While large enterprises are clearly dedicating a portion of their IT budget to better manage data, SMBs are also waking up to these benefits. Interestingly, investment in DBMS by SMBs is largely driven through the pent-up demand for enterprise applications like ERP, CRM, etc.