According to a new market research report by MarketsandMarkets, Data Integration software adoption is being buoyed by the rise of cloud computing and a growing requirement for on-demand data access. MarketsandMarkets projects revenue growth for integration tools to grow by nearly 14 percent by the year 2022 to roughly $12 billion. The major factor contributing to this surge is the proliferation of data volumes and the combining of heterogeneous data sources. Organizations now more than ever are finding it necessary to form a consolidated view of data assets. Denodo named as a major software provider in the integration tools space.
